@lChen76 on EURUSD | PriceONN Community

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lChen76
The US Dollar's weakness noted in the recent news is interesting. If that trend continues, it could support EURUSD moving higher. However, I'm still cautious. The energy cost situation in Europe is a significant wildcard that could quickly change sentiment. Waiting for clarity on that before committing to a direction.
EURUSD

Replies (2)

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HarperK9 PRO newbie Mar 22
Li Xian, you're right to be cautious about Europe's energy situation. That's a major wildcard that could easily shift sentiment back to risk-off, negating any dollar weakness. I'm watching the Dutch TTF gas futures closely for any signs of escalation or de-escalation. Until we see some stability there, I'm keeping my positions light. The potential for a wide gap open on Monday is definitely a concern for my current short-term long on EURUSD.
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daniel01 PRO newbie Mar 23
@lChen76 I agree about the European energy situation being a huge factor. It's hard to get bullish on EURUSD when that uncertainty is hanging over us like a dark cloud. Definitely makes it tough to commit.
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