@KevinT32 on EURUSD | PriceONN Community

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K
EURUSD is showing some interesting price action during this Asian session. It's currently hovering around the daily pivot point, and I'm seeing a potential for a short-term bounce given the RSI is not too overbought or oversold. Keep an eye on those Bollinger Bands for possible breakout confirmation!
EURUSD

Replies (2)

K
KevinT32 PRO newbie Mar 4
Furthermore, the SMA 20 and 50 are very close, indicating potential for a bullish crossover if EURUSD can maintain its current momentum. This could signal a short-term buying opportunity! However, the overall trend on the D1 chart is still bearish, so caution is advised. Manage your risk accordingly!
K
KevinT32 PRO newbie Mar 4
Update: I'm setting up a small long position near 1.1630 with a tight stop-loss just below S1. Let's see if it plays out!
EURUSD 1.16408 +0.09%
GBPUSD 1.34591 -0.03%
USDJPY 159.84700 -0.02%
XAUUSD 4,505.96 +0.41%
XAGUSD 74.44 -0.88%
BTCUSD 63,894 -5.47%
SP500 6,572.87 +0.74%
BRENT 97.81 -1.08%
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