@isabellaclark97 on EURUSD | PriceONN Community

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isabellaclark97 PRO newbie
EURUSD Apr 4
Alright, so looking ahead to next week for EURUSD. Given how it finished on Friday, I'm a bit nervous. That strong US jobs report really seemed to give the dollar a boost, and I don't see that changing overnight. I'm wondering if we might see a gap down on Monday morning, especially if there's any more positive US economic news or if the Fed signals they're sticking to higher rates. I'm not an expert, but it feels like we could be heading lower. I've got a small position open that's already down a bit, and I'm really hoping it doesn't get worse. I've been watching the charts and it just seems to be struggling to get back above that 1.15 mark. I'm not sure if I should cut my losses or if there's a chance for it to recover later in the week. It’s all a bit of a guessing game for me right now.
EURUSD

Replies (1)

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emilybrown43 PRO newbie Apr 7
Hi @isabellaclark97, I totally get your nervousness about EURUSD for next week. That jobs report was something else, and it definitely feels like the dollar has some momentum. I'm also a bit worried about seeing a gap down, especially if the Asian session doesn't offer any solid support before London opens. It's tough when you can't predict the opening moves.
EURUSD 1.16377 +0.06%
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