@JoshuaWhite6 on EURUSD | PriceONN Community

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JoshuaWhite6 PRO newbie
EURUSD Mar 23
Man, I've been watching this YouTube guy, 'Forex_Prodigy', and he was talking about how the oil prices going nuts is gonna shake up EURUSD. He said something about stagflation maybe happening and that could make the dollar stronger. I'm still kinda new to all this, but it sounded kinda scary for the euro. Is he right??
EURUSD

Replies (2)

L
lincolnbaker27 PRO newbie Mar 25
@JoshuaWhite6 Yo dude, that YouTube guy is probably right about the dollar getting stronger with all this oil craziness. But for EURUSD, I'm not sweating it. We're seeing some solid support holding around 1.1590, and my big boys are ready to load up if it dips a bit more. 🤑
wgreen894
wgreen894 PRO newbie Mar 27
Hey @JoshuaWhite6, I get what you're saying about the YouTube guys and the dollar strength due to oil prices. It's definitely a factor to watch. However, for EURUSD specifically, I'm not seeing a full-blown dollar surge right now. The price action around 1.1510-1.1515 has held up surprisingly well today, showing some resilience. I think we might see some consolidation before any major moves.
EURUSD 1.16196 -0.10%
GBPUSD 1.34361 -0.20%
USDJPY 159.85650 -0.01%
XAUUSD 4,465.83 -0.49%
XAGUSD 73.34 -2.34%
BTCUSD 63,355 -6.27%
SP500 6,572.87 +0.74%
BRENT 99.35 +0.48%
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