EURUSD Analysis (ongoing)

Seems to be dropping further…

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Absoltely fallen off the cliff again. The shorts will be looking tasty right now!

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I think USD will close out the week on the higher/mid 107 range. That’s just my opinion.

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This pair is like printing money

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Will turn round next week, USD gonna struggle…

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Strange behavior from this pair lately. :thinking:

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EUR/USD - 07.04.2020 - I’m in with buys from 1.08.

Expected reversal this week after shorts all last week.

USD taking big hits as virus restarts reaching peaks in Europe and cases grow in U.S that isn’t in full lockdown.

Safe to say jumping on the buys until end of week seems a pretty sure bet.

How you all trading? :slight_smile:

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Defo Buy imo……

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A little pull back for an entry would be great. Long all day on this pair right now!

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yes tbh ive had small profits on both long and short positions. weird movement.

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good stuff, i am in a buy myself right now!

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Nice catch right down at 1.08! You’re already over 100 pips up. As predicted USD will be weak for a few weeks now I’d think.

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There’s currently a nice bullish pennant forming on the hour chart too. Time to throw on a long position. Thanks!

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some crazy moves

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EUR/USD - 09/04/2020 - took profit at 1.09 still holding 30% of my buy trades through consolidation.

EUR news a bit choppy - “European Central Bank (ECB) has asked for a fiscal stimulus package worth 1.5 trillion euros. However, the European ministers have failed to deliver the stimulus so far due to a constant standoff between southern European states like Italy and fiscally conservative countries like the Netherlands. Hence, we have not seemed much price action in the EUR/USD currency pair.”

Still expecting USD news to be not so great either, I’m feeling the longs on EURUSD but gonna await developments before placing more orders.

Think we might see some strength back for the USD?

How is everyone else trading today? :slight_smile:

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Can’t see anything other than this one falling on USD weakness

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good stuff, but tbh i am unsure if we will see a clear downwards trend, seems its going to be voaltile for now

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Yeah USD weakness is going to see this shoot up for sure

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I`m long here. :chart_with_upwards_trend:

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I think I will wait until Tuesday before getting involved in this one…

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