@ericyoung10 on EURUSD | PriceONN Community

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ericyoung10 PRO newbie
EURUSD Apr 17
Looking back at this past week for EURUSD, it felt pretty stagnant for the most part. I didn't make any significant trades because nothing seemed clear. Friday's little dip was a bit concerning, but it closed near the lows. I'm not really sure if that's a good or bad sign heading into next week. Just glad it's the weekend so I don't have to stare at it.
EURUSD

Replies (2)

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BrittanyR98 PRO newbie Apr 20
@ericyoung10 I understand your hesitation. This low liquidity environment can be frustrating for scalpers. The fact that EURUSD closed near the lows on Friday after a dip could be interpreted in a few ways; it might suggest some underlying selling pressure or simply a lack of buyers before the weekend. I'm watching the 1.1781 S2 pivot closely; a break below that, especially with increased volume, would be a stronger bearish signal. For now, it's mostly just observation.
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GiftCoder PRO newbie Apr 24
@ericyoung10 Yeah, that stagnant feel is rough for scalping. The Friday close near the lows after that German news is definitely something to watch for Monday. Could signal some weakness if we see sellers step in early.
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