Trade Idea: Trade Idea: EUR/USD – New Short Opportunity | news

The currency pair could now rise back to the 200 EMA area and then bounce back down to the 10 EMA. Should there be another downward move, EUR/USD would also be expected to break below the 10-EMA on the daily chart. In this case, another short signal would appear and EUR/USD would face a possible further pullback to the $1.00 mark. There is a short possibility on EUR/USD.

On my own account

NEW: Receive an instant trade idea by email!

Get the trading idea in the future immediately upon appearance to your inbox! Register now for free and never miss a trading opportunity again!

Trade idea: EUR/USD

Conclusion:

Traders may be speculating on a bounce on the 200 EMA. It offers a short position with a Best Unlimited Turbo (VK3W3B) to UBS. The target price is in the $1,000 range. Stop could be placed at $1,050 above all-time high.

Trade idea: EUR/USD
child EUR/USD (ISIN: EU0009652759)
product types Best Unlimited Turbo Warranty
publisher UBS
ISIN/WKN leveraged product DE000UK3W3B4 / UK3W3B
Duration open end
Price Knockout Put (date) €2.00/€2.01 (23.11.2022, 1:50 PM)
Variable base price $1,0529
knockout threshold $1,0529
lever 50.17
Distance to knockout 1.98%
Stop Loss Put €0.29
target set €5.31 (+160.00%)

Find more trading ideas here.

disclaimer:

The trading idea is a service of finanzen.net GmbH in cooperation with the service provider FSG Financial Services Group. Only the named service provider is responsible for the product selection and the content of the article.
The service provider ensures that analyzes are prepared with due observance of journalistic duties of care, in particular the duty of truthful reporting and the required expertise, care and diligence. We would like to point out that finanzen.net is currently or within the last 12 months entered into a paid advertising partnership with certificate issuers. We further recommend that interested parties read the relevant securities prospectus (base prospectus, associated Final Terms and any supplements thereto) that is legally and exclusively authoritative on the website of the relevant issuer before making any investment in the securities referred to in this article in order to to obtain as much information as possible. This applies in particular to the risks of any investment in the said securities.

Image Sources: Valeri Potapova / Shutterstock.com

Leave a Reply

Your email address will not be published. Required fields are marked *