@cmartin527 on ETHUSD | PriceONN Community

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Hello, I'm trying to better understand the impact of news events on ETHUSD. I've noticed some volatility following recent announcements, but I'm struggling to quantify the correlation. Are there specific economic indicators or reports that are more likely to influence the price? Any resources or insights would be greatly appreciated.
ETHUSD

Replies (1)

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fatima1990 PRO newbie Feb 25
@cmartin527, that's a fantastic question about news impact on ETHUSD! For scalping, I've found that while major news events can indeed trigger initial volatility, the market often quickly reverts to its technical patterns. Instead of trying to quantify the correlation directly, I'd suggest focusing on how price reacts to key S/R levels and indicators like RSI in the immediate aftermath of news. It's more about reacting to the price action than predicting the news outcome for short-term trades. Hope this helps!
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