@hiker421 on EURUSD | PriceONN Community

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hiker421 PRO newbie
EURUSD Mar 28
Next week for EURUSD is gonna be a mess. That oil surge and the dollar's strength from the Middle East news is definitely going to keep the pressure on. I wouldn't be surprised if we see a test of that 1.1500 support again, maybe even break it if the sentiment stays bearish. Brokers will widen spreads like crazy if there's any big news event. Feels like a liquidity grab waiting to happen. Honestly, I'm just going to sit on the sidelines for the first few hours Monday and see how the dust settles, unless something very clear pops up. Trying to scalp in this kind of choppy, news-driven environment is asking for trouble. NFA, but I'm leaning bearish.
EURUSD

Replies (2)

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olufemi_a27 PRO newbie Mar 30
@hiker421 You're spot on about the volatility. This broker's spreads are already widening like crazy for EURUSD. Just waiting for them to widen them even more when London wakes up and we get stopped out.
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dthomas536 PRO newbie Apr 1
@hiker421 I hear you on the volatility, it's definitely picking up. While the Middle East headlines can stir things, I'm watching the price action on EURUSD itself. We're pushing above that 1.16 level now, and the DXY seems to be easing off a bit, which is a good sign for this pair. The RSI is high, sure, but in a strong bullish trend, that can stay elevated for a while. I'm more concerned about a clear FVG or displacement that shows a real shift in momentum rather than just noise around geopolitical events. For now, I’m leaning bullish as long as we hold above the 20 SMA. Need to see if this momentum carries into NY session.
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