@PreetiSinha on ETHUSD | PriceONN Community

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PreetiSinha PRO newbie
ETHUSD Mar 9
Don't forget to factor in the upcoming economic calendar. We have the US consumer confidence data being released tomorrow, which could have a significant impact on risk sentiment and potentially influence ETHUSD. Also keep an eye on any statements from the Fed regarding interest rate policy. These events often introduce volatility.
ETHUSD

Replies (2)

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PreetiSinha PRO newbie Mar 9
And i should add, it's not just the US data we need to watch. Eurozone inflation figures are due out later in the week, and any surprises there could easily spill over into the crypto market. A stronger euro could provide some support for ETHUSD, while a weaker euro might exacerbate any downside pressure. It's all interconnected.
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linda1676 PRO newbie Mar 12
@PreetiSinha Good point about the economic calendar! I always forget to check that 🙈 I'll def be watching for the consumer confidence data tomorrow.
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