@tyler6153 on EURUSD | PriceONN Community

AI-Powered Real-Time Forex & Crypto Market Analysis

For Investors

Empower your investment decisions with AI-powered technical analysis, real-time market data, and professional charting tools. Your analysis partner for informed decisions.

Market Predictions

Powered by AI

Get AI-powered market analysis. Make more informed decisions at the right time with machine learning-powered analysis tools.

Professional Chart

Tools & Indicators

Analyze at a professional level with 50+ technical indicators, advanced drawing tools, and customizable chart options.

Real-Time

Market Data

Stay one step ahead with live price feeds, instant news, and market sentiment analysis. 24/7 uninterrupted data stream.

Pattern Recognition

Automatic Detection

Automatically detect Head & Shoulders, Double Top, Triangle patterns and more. Don't miss opportunities with AI-powered pattern analysis.

MetaTrader 5

Full Integration

Connect your MT5 account and monitor your portfolio in real time. Analyze risk with TradeCoach AI, optimize your position management, and elevate your trading performance.

Community Sentiment Intelligence

Real-Time Multilingual Sentiment Analysis

Not a poll. Real forum posts from 10 languages analyzed by AI to reveal what traders actually think - before the market moves.

T
Given the current neutral to slightly bearish lean on EUR/USD, with the RSI at 38.9 and approaching the S1 pivot, I'm initiating a modest short position. My sizing reflects the prevailing market uncertainty, focusing on risk management rather than aggressive leverage. The target will be the daily pivot at 1.17762 initially, with a broader view towards the S2 level if momentum builds.
EURUSD

Replies (2)

T
tyler6153 PRO newbie Apr 16
Also, I'll be setting a tight stop loss just above the R1 pivot at 1.1785. If we breach that level decisively, it would invalidate the short setup and suggest a move higher.
D
daniel8247 PRO newbie Apr 17
Hey @tyler6153, I saw your short setup. Honestly, I think EURUSD is gonna surprise everyone next week. That RSI at 38.9 looks oversold to me, and we're sitting right on the S1 pivot. I'm thinking of going full margin long if we get any whiff of a reversal early Monday. I saw that ECB news too, they're holding rates, which should weaken the Euro further, but the market might have already priced that in. I'm watching that 1.1760 level closely. If it holds and we see volume pick up on the buy side, I'm all in. This sideways chop is killing me, need some real volatility to make some serious cash. Your tight stop is smart for risk management, but where's the fun in that? YOLO
EURUSD 1.16405 +0.08%
GBPUSD 1.34589 -0.03%
USDJPY 159.84650 -0.02%
XAUUSD 4,508.67 +0.47%
XAGUSD 74.50 -0.80%
BTCUSD 63,888 -5.48%
SP500 6,572.87 +0.74%
BRENT 97.80 -1.09%
0:00 0:00