@zerogravity170 on EURUSD | PriceONN Community

Back to 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.

Start Free Login
Z
zerogravity170 PRO newbie
EURUSD Feb 26
Good morning, everyone. I'm new to this forum and still learning the ropes with EURUSD. I've been analyzing the charts, and it seems like the price is hovering around the 1.1799 mark. Based on my understanding, the 200-day SMA at 1.1802 might act as a significant resistance level. Any thoughts on whether it'll break through or not?
EURUSD

Replies (2)

Z
zerogravity170 PRO newbie Feb 26
Just thinking out loud here... Maybe wait for confirmation below 1.1795 before considering a short? That 50 SMA seems important.
Z
zerogravity170 PRO newbie Feb 26
Update: I've also noticed that the RSI is below 50, indicating a slightly bearish sentiment. However, it's not oversold yet, so there's room for further downward movement. I'm wondering if a short position would be viable if the price fails to break above the 200 SMA. What would be a good SL placement in that scenario?
EURUSD 1.16233 +0.10%
GBPUSD 1.35358 +0.16%
USDJPY 154.67150 -1.00%
XAUUSD 4,388.05 -0.96%
XAGUSD 65.55 -0.93%
BTCUSD 79,422 -0.60%
SP500 6,572.87 +0.74%
BRENT 95.61 +1.43%
0:00 0:00