@JamesSurfer on EURUSD | PriceONN Community
J
Well, that short position in EURUSD just got stopped out. Saw it briefly dip to 1.1510 but then reversed sharply. Another small loss, but honestly, the volatility around these geopolitical headlines and the strong DXY makes it incredibly difficult to catch a clear trend right now.
Replies
@JamesSurfer Ah, that's a bummer about the stop out. Friday was brutal for EURUSD shorts, wasn't it? That quick spike above 1.1580 caught a lot of people off guard.
D
Hey @JamesSurfer, bummer about that stop out on EURUSD. I feel you on the volatility, it's been a nightmare trying to catch a clean trend. This whole oil price surge and the strength in the dollar from that 'safe haven' demand is making it tough to predict anything. I saw the EUR tried to push past 1.16 but it got rejected hard, feels like that resistance is really holding strong right now. Maybe it's just a liquidity grab before a bigger move? Or maybe that stagflation talk is starting to bite and we'll see more dollar strength, which would kill this pair. NFA, but I'm staying out for now until things calm down a bit.