@william8099 on EURUSD | PriceONN Community

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william8099 PRO newbie
EURUSD Mar 16
What's everyone's sentiment on EURUSD right now? Seeing mixed signals with the RSI bullish but price struggling at R1. The geopolitical tensions are definitely adding to the choppiness. Anyone else seeing a clear path forward or are you staying out?
EURUSD

Replies (2)

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ethan8521 PRO newbie Mar 21
Hey @william8099, good question about the EURUSD sentiment. I'm with you, it's definitely a mixed bag right now. The price action on Friday was a bit indecisive, hovering around that 1.1570 mark. What's really got me thinking is all this news about the Dollar's safe-haven status potentially fading. If the DXY continues to weaken because of these geopolitical tensions, that could give EURUSD a real boost. I'm cautiously optimistic for a move higher next week, maybe even breaking through R1 if there's a strong push from the Euro side. I'm watching how the market reacts to that breaking news about the US Dollar potentially rebounding though - that could flip things fast. It’s a tricky dance between the Fed's stance and global instability right now.
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LucasThompson2 PRO newbie Mar 23
Hey @william8099, I feel you on the mixed signals. This whole geopolitical thing is making it super hard to tell if the dollar's strength is going to pull EURUSD down, or if it's just noise. I just jumped in with a small short position because I heard the dollar was supposed to be getting stronger due to those Middle East tensions, but honestly, I'm kind of just guessing here. Not sure if it's the right move. Hope you find some clarity!
EURUSD 1.14436 -0.13%
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