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Forex Trading Strategies – Eur Usd Coming Down?

Written by

Ezekiel Chew

Updated on

January 29, 2024

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Forex Trading Strategies – Eur Usd Coming Down?

Written by:

Ezekiel Chew

Last updated on:

January 29, 2024
CLAIM YOUR FREE 30-MINUTE STRATEGY SESSION (Be quick! FREE Spots Are Almost Gone For This Month)

Forex Trading Strategies -Is Eur Usd Coming Down?

Lets look at the daily chart as seen above. The eur usd has been heading up since the 4th of june 2010. And it is finally meeting the 150 moving average as shown in the highlighted oval.

To double confirm if there is further confluence. Lets look at the weekly time frame.

eurusdconwPrice has too reach the 365 moving average in the weekly time frame. Remember guys, the higher the time frame. The greater the respect these levels come into place.

Now that we have 2 confluence together. It seems that price MAY actually head for a temporary down turn. Taking a break from its up trend.

We will now wait for price action confirmation to enter.

ezekiel chew asiaforexmentor

About Ezekiel Chew​

Ezekiel Chew, founder and head of training at Asia Forex Mentor, is a renowned forex expert, frequently invited to speak at major industry events. Known for his deep market insights, Ezekiel is one of the top traders committed to supporting the trading community. Making six figures per trade, he also trains traders working in banks, fund management, and prop trading firms.

GET THE PROPRIETARY ONE CORE PROGRAM

(The same system I use to make 6 figures a trade with)

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Forex Trading Strategies – Eur Usd Coming Down?

★ ★ ★ ★ ★ 4.0
Overall Trust Index

Written by:

Updated:


Ezekiel Chew

January 29, 2024
CLAIM YOUR FREE 30-MINUTE STRATEGY SESSION (Be quick! FREE Spots Are Almost Gone For This Month)

Forex Trading Strategies -Is Eur Usd Coming Down?

Lets look at the daily chart as seen above. The eur usd has been heading up since the 4th of june 2010. And it is finally meeting the 150 moving average as shown in the highlighted oval.

To double confirm if there is further confluence. Lets look at the weekly time frame.

eurusdconwPrice has too reach the 365 moving average in the weekly time frame. Remember guys, the higher the time frame. The greater the respect these levels come into place.

Now that we have 2 confluence together. It seems that price MAY actually head for a temporary down turn. Taking a break from its up trend.

We will now wait for price action confirmation to enter.

ezekiel chew asiaforexmentor

About Ezekiel Chew

Ezekiel Chew, founder and head of training at Asia Forex Mentor, is a renowned forex expert, frequently invited to speak at major industry events. Known for his deep market insights, Ezekiel is one of the top traders committed to supporting the trading community. Making six figures per trade, he also trains traders working in banks, fund management, and prop trading firms.

GET THE PROPRIETARY
ONE CORE PROGRAM

(The same system I use to make 6 figures a trade with)

RELATED ARTICLES

June 1, 2026

How to Draw Supply and Demand Zones

Read More

May 29, 2026

10 Trading Discipline Every Forex Trader Needs

Read More

May 26, 2026

Top Down Analysis and Why Most Traders Still Get It Wrong

Read More

May 25, 2026

What Prop Firms Don’t Tell You About Funded Account Trading

Read More

May 22, 2026

Is Forex Trading Profitable for Most Traders

Read More

May 20, 2026

What Is Revenge Trading And How To Prevent It In Forex

Read More

Forex Trading Strategies – Eur Usd Coming Down?

★ ★ ★ ★ ★ 4.0
Overall Trust Index

Written by:

Updated:


Ezekiel Chew

January 29, 2024
CLAIM YOUR FREE 30-MINUTE STRATEGY SESSION (Be quick! FREE Spots Are Almost Gone For This Month)

Forex Trading Strategies -Is Eur Usd Coming Down?

Lets look at the daily chart as seen above. The eur usd has been heading up since the 4th of june 2010. And it is finally meeting the 150 moving average as shown in the highlighted oval.

To double confirm if there is further confluence. Lets look at the weekly time frame.

eurusdconwPrice has too reach the 365 moving average in the weekly time frame. Remember guys, the higher the time frame. The greater the respect these levels come into place.

Now that we have 2 confluence together. It seems that price MAY actually head for a temporary down turn. Taking a break from its up trend.

We will now wait for price action confirmation to enter.

ezekiel chew asiaforexmentor

About Ezekiel Chew

Ezekiel Chew, founder and head of training at Asia Forex Mentor, is a renowned forex expert, frequently invited to speak at major industry events. Known for his deep market insights, Ezekiel is one of the top traders committed to supporting the trading community. Making six figures per trade, he also trains traders working in banks, fund management, and prop trading firms.

GET THE PROPRIETARY
ONE CORE PROGRAM

(The same system I use to make 6 figures a trade with)

RELATED ARTICLES

June 1, 2026

How to Draw Supply and Demand Zones

Read More

May 29, 2026

10 Trading Discipline Every Forex Trader Needs

Read More

May 26, 2026

Top Down Analysis and Why Most Traders Still Get It Wrong

Read More

May 25, 2026

What Prop Firms Don’t Tell You About Funded Account Trading

Read More

May 22, 2026

Is Forex Trading Profitable for Most Traders

Read More

May 20, 2026

What Is Revenge Trading And How To Prevent It In Forex

Read More

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