EURUSD ongoing thread \m/

Hong Kong Phooey

Active Trader
Aug 16, 2019
50
26
44
Cardiff
EUR/USD - 24/03/2020 - Dollar starting to take a hit.

I’m in a buy from 1.07 mark after we hit the 1.065 support a couple of times.

US announced no limit to quantitative easing.

I’m watching EUR news closely, and USD coronavirus spending package still to come I believe may push dollar further down.

Could we be on for a couple of weeks of bullish trading? Would fit the pattern :)590FA106-EAC6-4B82-B6BC-BDB90DB306F0.png
 
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Petez_FX

Active Trader
Aug 13, 2019
98
29
34
32
EUR/USD - 24/03/2020 - Dollar starting to take a hit.

I’m in a buy from 1.07 mark after we hit the 1.065 support a couple of times.

US announced no limit to quantitative easing.

I’m watching EUR news closely, and USD coronavirus spending package still to come I believe may push dollar further down.

Could we be on for a couple of weeks of bullish trading? Would fit the pattern :)View attachment 15814

Going to look and buy this throughout the week - got some upside I reckon.
 
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Reactions: Hong Kong Phooey

sebking1986

Trader
Nov 28, 2019
41
13
24
37
I don't see how it can't with the US effectively saying they will do to unlimited lengths to devalue the USD. I expected this to come a little later but goes to show the spread of the virus
 
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pezza55

Banned
Dec 2, 2019
34
9
24
39
EUR/USD - 24/03/2020 - Dollar starting to take a hit.

I’m in a buy from 1.07 mark after we hit the 1.065 support a couple of times.

US announced no limit to quantitative easing.

I’m watching EUR news closely, and USD coronavirus spending package still to come I believe may push dollar further down.

Could we be on for a couple of weeks of bullish trading? Would fit the pattern :)View attachment 15814
Going to see markets go crazy across the board depending on which gets hit harder and reacts faster in these current conditions! usd will be no different but the us will protect it at no cost so just print money!
 
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Reactions: Hong Kong Phooey

Hong Kong Phooey

Active Trader
Aug 16, 2019
50
26
44
Cardiff
EUR/USD - 26/03/2020 - Dollar taking a hit this week as $2 Trillion stimulus package announced.

I’m still in a buy from 1.07 mark and can’t see anything changing anytime soon.

Seems like free money at the moment :p

Can see the dollar taking big hits into next week.

U.S. jobless claims to come and looking at number rising to 1.5 million which will hit the greenback further.

Anyone see anything differently? :)B67D047A-F4BE-46E3-9AA3-A0DC062E64F6.png
 
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Reactions: sebking1986

sebking1986

Trader
Nov 28, 2019
41
13
24
37
EUR/USD - 26/03/2020 - Dollar taking a hit this week as $2 Trillion stimulus package announced.

I’m still in a buy from 1.07 mark and can’t see anything changing anytime soon.

Seems like free money at the moment :p

Can see the dollar taking big hits into next week.

U.S. jobless claims to come and looking at number rising to 1.5 million which will hit the greenback further.

Anyone see anything differently? :)View attachment 15838
Nothing remotely is going to change. The USD is going to weaken so much over the coming weeks. As you say almost free money!
 
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Reactions: Hong Kong Phooey

Hong Kong Phooey

Active Trader
Aug 16, 2019
50
26
44
Cardiff
EUR/USD - 31/03/2020 - Was a bit off in my initial buys early on Monday, tech analysis would have steadied me in the right direction.

Called my buys before SLs hit and now awaiting my sells to hit and test the 1.08 support.

German retail sales and Euro unemployment rate to come out tomorrow may show decline and push pair further down.

Think we may see more weakness in USD when/if full lockdown of country comes into play.

How are you guys seeing it? :)E892F762-79DB-4284-9710-447C49520D7D.png
 
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Reactions: sebking1986 and REB_FX

REB_FX

Trader
Feb 8, 2019
88
19
24
39
I am looking at daily close, currently looks like a buy position. Not the best trade set-up of the week though from a technicals view point, one I will probably leave to play out a little more
 
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Reactions: Hong Kong Phooey

pezza55

Banned
Dec 2, 2019
34
9
24
39
EUR/USD - 31/03/2020 - Was a bit off in my initial buys early on Monday, tech analysis would have steadied me in the right direction.

Called my buys before SLs hit and now awaiting my sells to hit and test the 1.08 support.

German retail sales and Euro unemployment rate to come out tomorrow may show decline and push pair further down.

Think we may see more weakness in USD when/if full lockdown of country comes into play.

How are you guys seeing it? :)View attachment 15880
Looks like it will go back to retest the 1.11500 area and then we will see from there
 
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Reactions: Hong Kong Phooey

sebking1986

Trader
Nov 28, 2019
41
13
24
37
EUR/USD - 31/03/2020 - Was a bit off in my initial buys early on Monday, tech analysis would have steadied me in the right direction.

Called my buys before SLs hit and now awaiting my sells to hit and test the 1.08 support.

German retail sales and Euro unemployment rate to come out tomorrow may show decline and push pair further down.

Think we may see more weakness in USD when/if full lockdown of country comes into play.

How are you guys seeing it? :)View attachment 15880
Still long for me. USD weakness in the coming weeks will help this push up. Nice rejection of the support level too
 
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Reactions: Hong Kong Phooey