EUS/USD Down regularly, what is the main reason?

[khan22 3478]

From last 20 days EUR/USD is going to down and so many peoples will make loss billions of dollars in this market but the most of peoples will loss more than this becasue this EUR/USD market make almost 400 standard pips down, why that market is doing this?

[Jhadhasan 872]

The price wants to reach the downtrend on a weekly basis. I think that once you touch the strong trend line, it will end the last descending waves to start the ascending journey with it.

[Maroua 1159]

You cannot specify a major reason for the fall of the dollar and euro prices in the markets because this is originally due to the fundamental analysis of market news, because we do not really care much about the news of the descent of currencies, but we only care that we do not lose when the descent and rise of currency prices.

[khan188 536]

Well, Every Currency has their own traders in big markets. I mean most of the traders trade EURUSD only. and it' trading between their range. like support and resistance. If you see the chart it has new high or no new low. So, I am not agree with only one direction. It's recently bounce off the weekly supoort and going towards resistance.

[duncun007 3577]

i think the brexit has been affecting both the EU and britain as well so we have seen both currencies lose value and we dont know where it will settle yet.

[estmerbol 257]

If this post was valid for that date in 2019 it is still mostly valid today in 2020. With the coronavirus pandemic it is estimated that the dollar will fall as the dominant currency of the world. Not to mention what is coming with the digital yuan, but I believe that it is increasingly better to take refuge in the crypts.

[Yeroth 90]

If this publication was Made for that date in 2019, it is still mostly valid today in 2020. With the coronavirus pandemic, it is estimated that the dollar could fall as the most dominated currency in the world. Not to mention ...