EURUSD ongoing thread \m/

Aug 16, 2019
35
6
24
Cardiff
Let’s kick things off!

EUR/USD 11/02/2020 - pair looking oversold!
I’m looking for buys maybe not today but this week.
ECB news to come out and FED chief to testify before Congress today.

Technicals looking ripe for buys, overall in a downtrend.
How you guys trading? Think there might be sells coming up instead? :)07885899-A979-41D9-B376-49EF2D6A062B.png
 
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sebking1986

Trader
Nov 28, 2019
15
3
9
33
I can see the 1.08777 support level being hit before any reversal despite it being massively oversold. As you say we might see that level hit and the reversal by the end of the week or early next week.
 
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REB_FX

Trader
Feb 8, 2019
81
12
24
35
Let’s kick things off!

EUR/USD 11/02/2020 - pair looking oversold!
I’m looking for buys maybe not today but this week.
ECB news to come out and FED chief to testify before Congress today.

Technicals looking ripe for buys, overall in a downtrend.
How you guys trading? Think there might be sells coming up instead? :)View attachment 15411
Theres strong pressure to the downside at the moment, need to be patient here and let the trade come to you.
 
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Reactions: Hong Kong Phooey
Aug 16, 2019
35
6
24
Cardiff
EUR/USD - 19.02.2020 - Seems to be no signs of reversal today.

Still holding sells from Monday, well done to anyone trading this major downtrend.

"However, the currency pair registered its worst level in almost 3-years, and shared currency trader’s still adding bets for further losses in the day ahead."

Seems like the coronavirus is taking it's toll on the EUR and propping up the USD treasuries as a safe haven.

Was hopping to see a reversal this week but no chance likely so far.
C0BC9418-D213-460C-9DB0-E35B34978B6A.jpeg
What are your guys thoughts on this? Think we might see a reversal come into being? :)