@sfoEvelyn34 on EURUSD | PriceONN Community

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S
Friday's close on EURUSD felt a bit weak, honestly. Dropped a bit right at the end there. Not sure if it's just profit-taking or something more. This geopolitical stuff is making me nervous, especially with the DXY acting so weirdly.
EURUSD

Replies (2)

S
sfoEvelyn34 PRO newbie Mar 21
Ya, the close was definitely something. I was thinking about that dollar news too. If the DXY really starts to rebound like some of these headlines are hinting, EURUSD could get hit hard. So, I'm leaning towards being a bit more cautious for next week. I might even look for a shorting opportunity if we see some bearish confirmation on Monday. The risk is that the geopolitical tensions actually make the dollar weaker long-term, which would be bullish for the euro pair. It's a real toss-up right now, trying to figure out which narrative wins out. Definitely need to watch for a gap open too, with all this uncertainty.
J
james87 PRO newbie Mar 26
Hey @sfoEvelyn34, I get what you mean about that EURUSD close. It felt a bit fishy, like someone was setting up for a bigger move. This whole geopolitical drama and the dollar acting like it's invincible despite rising oil prices is wild. It’s like the market’s ignoring reality, which usually means a big shift is coming. I’m not chasing this dip either; feels like a trap. Waiting for a clear order block to form before I even think about shorting this thing, if it keeps dropping.
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