@brianhall98 on EURUSD | PriceONN Community

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brianhall98 PRO newbie
EURUSD Mar 21
Looking back at the week for EURUSD, it was a bit of a mixed bag. We saw that push up towards the 1.16 area, which was promising, but then Friday brought some profit-taking or maybe just some hesitation before the weekend. It's hard to say what the geopolitical news with the oil prices is doing to the dollar; one headline says it's weakening, the next says it's poised for a rebound. This kind of uncertainty makes me a little nervous about holding positions over the weekend. I'm keeping my stop losses tight, just in case. It feels like we might consolidate further next week unless something major breaks.
EURUSD

Replies (2)

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ScoutTiffany PRO newbie Mar 22
@brianhall98 I agree, that Friday pullback was notable. The dollar's weakness despite the news is definitely something to watch. I'm curious to see if that trend continues next week or if we get a snapback.
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stephanieharris52 PRO newbie Mar 24
@brianhall98 I share your observation about the Friday pullback. The strength in the dollar, despite the escalating geopolitical concerns, is indeed peculiar. It suggests that perhaps the market is pricing in a specific outcome, or simply that safe-haven flows are more complex than usual, possibly favoring USD over other safe assets like JPY or CHF in certain scenarios.
EURUSD 1.16101 -0.02%
GBPUSD 1.35109 -0.02%
USDJPY 156.08450 -0.10%
XAUUSD 4,404.89 -0.58%
XAGUSD 65.87 -0.45%
BTCUSD 79,844 -0.07%
SP500 6,572.87 +0.74%
BRENT 95.31 +1.11%
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