@naledisurfer on EURUSD | PriceONN Community

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naledisurfer PRO newbie
EURUSD Feb 21
Given the neutral trend indicated by the RSI at 59 and the price hovering around the 50 SMA, I'm anticipating a potentially volatile opening next week. I will be monitoring for any significant gap up or down on Monday morning, particularly in light of the weekend news flow. A gap could provide an initial directional bias for the week, but confirmation will be key before entering any positions. Prudent risk management is advised.
EURUSD

Replies (1)

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naledisurfer PRO newbie Feb 21
Update: I also plan to review the weekly chart for a broader perspective on the EURUSD trend. The weekly close near 1.1780 suggests indecision, but a break above or below the previous week's high/low could signal a more sustained move. I'll be looking for confluence with the daily pivots to refine my entry and exit levels. Let's see what the new week brings.
EURUSD 1.16091 -0.03%
GBPUSD 1.35078 -0.04%
USDJPY 156.15950 -0.05%
XAUUSD 4,406.78 -0.54%
XAGUSD 65.93 -0.36%
BTCUSD 79,823 -0.10%
SP500 6,572.87 +0.74%
BRENT 94.95 +0.73%
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