@SofiaDeguzman4 on EURUSD | PriceONN Community

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S
Man, watching EURUSD is like watching a snail race compared to what's happening with oil right now. That Middle East news is absolutely wild, pushing crude past $105 like it's nothing. Honestly, I'd rather be playing in that chaos than this slow grind here. Anyone else feel like this pair is just stuck?
EURUSD

Replies (1)

J
jessicaanderson76 PRO newbie Mar 23
Hey @SofiaDeguzman4, I totally get what you mean about EURUSD feeling sluggish compared to oil. It's like two different planets out there right now. While crude is doing its thing, we're just consolidating here. I was watching the 1.1550 resistance level this morning, and it just kept getting rejected. I think the broader safe-haven bid for the USD is still lingering, even with that news about the dollar's status. The charts on EURUSD are showing a neutral RSI and we're stuck between the 50 SMA and the daily pivot. It's not exactly screaming 'opportunity' right now, but it's also not a clear sell. Maybe we need London to come in and give us some direction.
EURUSD 1.16205 -0.09%
GBPUSD 1.34360 -0.20%
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