@sheetal2001 on EURUSD | PriceONN Community

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sheetal2001 PRO newbie
EURUSD Mar 19
Watching EURUSD here and it feels a bit like how GBPUSD was behaving earlier in the week. Similar choppy action, not a clear trend developing. Might be waiting for some news catalyst to break these correlations. The Dollar strength mentioned in could be a factor affecting both pairs, so keeping an eye on DXY too.
EURUSD

Replies (1)

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melissa03 PRO newbie Mar 22
Interesting point, @sheetal2001. I was looking at EURUSD too and it does have that same hesitant feel as GBPUSD sometimes. That recent news about the dollar's safe-haven status fading is really throwing a wrench in things. If the dollar keeps weakening for real, not just a blip, it could open up some interesting moves for these pairs. I'm still trying to figure out if that's a sustainable trend or just noise. I'm leaning towards waiting for more confirmation on Monday, maybe see how the market reacts to that geopolitical tension news you mentioned. Doesn't feel like a time to FOMO into anything.
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