Forex 3.00
Posted June 03, 2026

EURUSD SELL

Sell
SELL
Entry Price
1.1635

Signal Details

Direction
Sell
Entry Price
1.1635
Risk: Reward
1:1.7

Trade Levels

Stop Loss
1.1695
Take Profit 1
1.1600
Take Profit 2
1.1565

Technical Chart

Market Analysis

EUR/USD is struggling to regain momentum, as the general trend remains neutral to bearish. The currency pair continues to decline as the US dollar strengthens, buoyed by renewed safe-haven demand.

Key Indicators

  • Momentum indicators favour downside over upside, increasing the appeal of further downside.

  • The price stays below the 100-day SMA, and RSI remains below 50, suggesting weak buying momentum.

Fundamental Context

The euro remains under pressure versus the US dollar. The US dollar extended its gains following the release of stronger-than-expected Job Openings and Labor Turnover Survey (JOLTS) data.

Risk Alert

The currency pair still shows a bearish bias as the price stays below key moving averages. Bullish recovery only if the euro breaks above the 100 and 200 daily SMAs.