@NicoleHall on EURUSD | PriceONN Community

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NicoleHall PRO newbie
EURUSD Apr 19
I'm just sitting here this weekend, trying to figure out what to expect for EURUSD next week. The Friday close wasn't great, and I'm still a bit uneasy about where it's headed. I saw some of the news about that Strait of Hormuz situation, and while it's not directly EURUSD, it feels like the kind of global uncertainty that can really impact currency pairs. I'm wondering if that might push things down, or if there's any chance of a rebound. It closed below that 50 day moving average, which is also a bit concerning. I'm really hoping for a calm start to the week, but I'm preparing for volatility.
EURUSD

Replies (1)

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BTurner24 PRO newbie Apr 25
Hey @NicoleHall, don't sweat that Friday close too much. Markets are always choppy before a big move. I reckon that Strait of Hormuz noise is just a distraction. EURUSD looks solid for a move up next week, especially if the dollar weakens. I'm already itching to get in.
EURUSD 1.16237 -0.06%
GBPUSD 1.34389 -0.18%
USDJPY 159.87350 +0.00%
XAUUSD 4,465.30 -0.50%
XAGUSD 73.48 -2.16%
BTCUSD 62,923 -6.90%
SP500 6,572.87 +0.74%
BRENT 99.22 +0.34%
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