EURUSD Analysis (week 25/11/19): Obvious sell is obvious...

ForexViking

Private, 1st Class
Messages
32
EUR/USD - Think we have a firm sell unless we see someone use sorcery.

The the tech analysis looks like we're back down to test 1.1 support, may go up to hit 1.104 resistance first.

Lots of USD news today though not very high impact, think we'll see positive to no impact for greenback.

Not much on EUR news until Thursday.

The the tech analysis looks like we're back down to test 1.1 support, may go up to hit 1.104 resistance first.

What are your guys ideas? Any thoughts on the fundamentals?
 

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sebking1986

Recruit
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6
Great work. In terms of fundamentals and technicals it's looking short. Once there could see some consolidation until the UK general election.
 

ForexViking

Private, 1st Class
Messages
32
EUR/USD - Feeling a sell today :p

EUR news is mixed though edging towards the bearish side for EUR.

USD back from holidays and think they’ll be looking to make some gains.

USD - China relations shaky but positive towards Hong Kong, might see strength to USD due to positivity?

Technical analysis look strong short term for sell, think we’re gonna see 1.1 broken by end of the day.

How you all feeling about today’s trading? How will the news affect the pair? :)
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