EURUSD Analysis (ongoing thread)

[sebking1986]

I won`t be surprised.

Good call! Plus the $700bn input. The US is in a bad way

 

[ForexViking]

EUR/USD - 17/03/2020 - Been in sells since Monday, can’t see anything changing the markets. Though expect it to turn when things hit US more.

Europe taking big hit due to coronavirus while demands for dollar rise.

I’m shorting this as well as a few indices.

How does everyone else feel about this pair? Think we have a week of the same old coming up?

 

[sebking1986]

Goog call so far today. Seems to hit some support at around 1.096 but teh news tomorrow could sort that out and push it further down

 

[DaveT]

Yep, I see it that way too

 

[Sammy colt]

I think it will reverse eventually but not at the moment

 

[Jim B]

I agree bud, looks like selling this pair is the way to go at the moment.

 

[Sammy colt]

Yep, I think fundamentals are key at the moment with the situation the way it is

 

[pezz55]

EUR/USD - 17/03/2020 - Been in sells since Monday, can’t see anything changing the markets. Though expect it to turn when things hit US more.

Europe taking big hit due to coronavirus while demands for dollar rise.

I’m shorting this as well as a few indices.

How does everyone else feel about this pair? Think we have a week of the same old coming up? View attachment 51864

Dropped right down to the 1.800- mark and has started to start to pull back but i still think its heading south to fill the old gap!

 

[K_Robdog]

Still heading south for a bit yet i reckon too

 

[RachelEB]

Always a sell for me this week, with the H&S forming underneath the downward trend line.