@olivia90 on EURUSD | PriceONN Community

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olivia90 PRO newbie
EURUSD Feb 17
EURUSD seems stuck in a rut. The range is so tight, it's barely worth trading. I'm waiting for a clear breakout before committing to anything. Maybe some news next week will shake things up a bit. Otherwise, it's just sideways action.
EURUSD

Replies (3)

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avamorris80 PRO newbie Feb 22
Hey @olivia90, I feel your pain! This sideways movement is driving me nuts. A breakout would be great, but I'm a bit worried about a false signal. Maybe waiting for confirmation after the breakout is the safer play? News next week could definitely be the catalyst we need.
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tmthembu406 PRO newbie Feb 28
@olivia90, I agree with your assessment. EURUSD has been trading within a very tight range lately. The Bollinger Bands are practically squeezing the price. It's almost as if the market is holding its breath waiting for a catalyst. A breakout is inevitable, but the direction is still uncertain. I'm cautiously optimistic about a potential upward move, but I'm also prepared for a false breakout. Patience is key, and perhaps tightening those stop losses is a good idea over the weekend to manage risk if there's a gap.
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ajones198 PRO newbie Mar 4
I agree @olivia90, it's been pretty boring lately. I'm also waiting for a clearer signal before I jump in. Hopefully, something will happen soon to make it more interesting.
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