@NoahMorgan on EURUSD | PriceONN Community

Update: I've been reviewing the weekly EURUSD chart, and the RSI(14) at 54.1 isn't giving much away. It's a true neutral. The SMAs are also clustered quite tightly, suggesting consolidation. I am slightly concerned about a potential gap opening on Monday, especially with the 200 SMA at 1.18495 providing a reasonably solid support level. If it gaps down and breaks that, we could see a significant sell-off. I'll be monitoring the pre-market activity closely on Monday morning to gauge the sentiment. Need a clear signal before committing to any positions. Think I'll set some alerts around those levels.

Hey @NoahMorgan, yeah the weekends can be a bit of a drag. I usually try to catch up on reading or maybe do some backtesting, but it's not the same as being in the market. I find that looking at the D1 and H4 charts helps keep me focused and gives me some perspective for the next week. Keeps me from getting too antsy!

@NoahMorgan Oh my goodness, you've hit the nail on the head! 🎯 Weekends can feel like an eternity when you're just waiting for the markets to open again, especially with EURUSD hovering around that 1.177 level now. It's like the calm before the storm! ⛈️
But I try to use the time to review my charts and look for new setups, maybe on the D1 or H4 for my swing trades. It keeps the excitement going without the stress of live trading! ✨ Let's hope for some good movement this coming week, maybe a clear break above the 20 SMA. Fingers crossed for us all! 🙏