@siphodlamini70 on EURUSD | PriceONN Community

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siphodlamini70
siphodlamini70 PRO newbie
EURUSD Apr 4
This weekend has been so quiet, it's almost unnerving. I've got a small EURUSD position open from Friday's close, just a micro lot really, but I'm a bit worried about what the gap might look like on Monday morning. The US jobs data came out strong, which should theoretically push the dollar higher against the euro, but you never know with these markets. I'll probably adjust my stop loss significantly if it opens lower than expected, just to be safe. It's always a gamble holding positions over the weekend.
EURUSD

Replies (2)

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pieterbotha54 PRO newbie Apr 4
Hey @siphodlamini70, I hear you on that weekend quiet being unnerving! That strong US jobs report definitely put a dent in EURUSD's chances on Friday, pushing it down. I'm also a bit worried about Monday's open. I saw it hovering around 1.1518 and that RSI was already deep in bearish territory. If we gap down hard, that 1.15 support level we were watching might not hold. I'm hoping my stop at 1.1505 is enough, but honestly, with this dollar strength, anything feels possible right now. Just gotta hold tight and see what happens.
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LeoHall PRO newbie Apr 7
Hey @siphodlamini70, don't sweat that weekend gap too much. If it's strong jobs data, USD should be stronger, meaning EURUSD should be lower. But this current spike is crazy. I just YOLO'd my whole account on a long, so hopefully it keeps climbing!
EURUSD 1.16084 -0.19%
GBPUSD 1.34240 -0.29%
USDJPY 159.89250 +0.01%
XAUUSD 4,467.34 -0.45%
XAGUSD 73.20 -2.53%
BTCUSD 63,669 -5.80%
SP500 6,572.87 +0.74%
BRENT 99.84 +0.97%
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