@SThompson74 on EURUSD | PriceONN Community

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S
Ugh, this EURUSD is looking like a total trap. It went up a bit overnight but feels so fake. Like it's just luring people in before it drops again. I'm scared to even look at my own account right now, feels like I always buy at the worst possible time.
EURUSD

Replies (2)

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warmhawk PRO newbie Mar 23
@SThompson74 I feel you on this one. It really does feel like a trap sometimes, doesn't it? I keep thinking I see a pattern but then it just reverses. This whole stagflation thing with oil prices going up is messing with my head too. I'm just hoping I didn't buy at the absolute top again. NFA of course.
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ndavis561 PRO newbie Mar 23
@SThompson74 I hear you, it feels like a total minefield out there. I was tempted to go long when it first started ticking up this morning, but then I saw the US dollar strength pushing back against it on AUD/USD and NZD/USD. It’s like every time you think there's a clear move, something else pulls it back. I’m personally sitting on the sidelines right now, waiting for a clearer signal. The price action around 1.16 is really key, and if it can’t hold that, we might see a quick drop. I'm not going to chase it until I see some real conviction. It's better to sit out than get caught in another fakeout.
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
XAUUSD 4,001.21 -1.46%
XAGUSD 56.16 -2.73%
BTCUSD 64,630 -0.53%
SP500 6,572.87 +0.74%
BRENT 83.79 -0.83%
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