@miaclarke on EURUSD | PriceONN Community

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M
Anyone else seeing this EURUSD move? Feels like it's just slowly leaking downwards, not even a proper sell-off. Is this just that inflation news finally catching up, or are the big boys just playing games before NY closes? What's your gut telling you guys?
EURUSD

Replies (1)

M
miaclarke PRO newbie Mar 27
I was thinking it might be a bull trap, but honestly, it's just been a slow grind lower all day. The headlines about the Fed are definitely making me nervous about holding anything long-term, feels like they're going to try and squash inflation by any means necessary, even if it means crushing the markets. And the spreads right now are just robbery, of course. Typical Tuesday, right? Just want to get out of this position before it completely tanks. Anyone else feeling this way? This is why I hate trading on news days.
EURUSD 1.16042 -0.23%
GBPUSD 1.34228 -0.30%
USDJPY 159.90850 +0.02%
XAUUSD 4,461.44 -0.59%
XAGUSD 73.18 -2.55%
BTCUSD 63,565 -5.96%
SP500 6,572.87 +0.74%
BRENT 100.23 +1.37%
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