EURUSD Analysis (ongoing thread)

[Christina Ledger]

EUR/USD - Well this strong uptrend has been fun to trade

looks like it might be tipping to the sells though I'm still holding onto a buy, might jump ship
Anyone have any ideas to counter the uptrend? How you all trading it?

View attachment 49344

i am selling.

 

[georgequayle]

Im avoiding trading until after christmas now, dont want to get caught in trades

 

[georgequayle]

This is a topic for discussion on the ESD / USD

EUR/USD bud

 

[DaveT]

I'm still trading today but expecting a really quiet week

 

[ForexViking]

Happy new year everyone Thought I'd get things started again

EUR/USD (02/01/20)- In a sell from 1.123 and gonna hold it, looking at support around 1.11 though ready to jump back on the buys and tp at any time.

Nice buys from beginning of the weak due to weak dollar, long term and going into next week looking for buys.

"The reason for the fall of the greenback is not the weak U.S. economy but safe-haven liquidation", good to know and EUR economy looking positive.

How you all trading? Further to go?

 

[ForexViking]

EUR/USD (07/01/20) - Got out of buys yesterday at 1.12 tp, looking for further buys today.

Probably a good time to buy now off fib retracement.

Nice uptrend forming short and long term.

We are also in a full reversal from a large downtrend that started in 2018.

EUR news has been supportive and has been coming in stronger than expected.

USD seems to be very unsuportive with the events in Iraq and least we forget US/China trade relations.

Think the bulls have it, how you trading?

 

[DaveT]

Think I may dive in with a buy here too

 

[Reinder]

In my opinion, buying a pair of EUR / USD is now risky. There is a high probability of a breakdown of support at 1.1130. Price will go to 1.1080

 

[fxstrategist]

The EURUSD may find a support around the 1.1100 zone, but it needs to confirm a breakdown below the 55 day EMA to continue lower. Its next support could be the 1.1000 level. To the upside, the 200 day EMA around the 1.1139 level could act as resistance.

 

[ForexViking]

EUR/USD 21/01/2020 - slow day yesterday as US holiday.

I’m in for a buy, eyeing up retracement.

Looking at 1.114 for tp and then continuing down trend.

Overall downtrend formed and in reversal.

The U.S. Dollar Index remains at highs looks like it’s gonna drop for a bit.

Hopefully EUR news will drive pair up for a bit.

How you guys trading today?