@sunitasingh69 on EURUSD | PriceONN Community

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sunitasingh69
sunitasingh69 PRO newbie
EURUSD Mar 19
This EURUSD move feels a bit like how GBPUSD was acting last week. All over the place! Like, one minute it's up, the next it's down. Makes you wonder if the smart money is just having fun with us retail traders. Anyone else seeing these crazy correlations lately?
EURUSD

Replies (1)

S
smirza422 PRO newbie Mar 20
Hey @sunitasingh69, I feel you on those correlations! It's wild out there. Last week with GBPUSD was nuts, and now EURUSD is doing its own dance. I think the dollar is the main driver though, especially with that DXY action after the Fed. They held rates but sounded kinda hawkish, right? If the dollar keeps strengthening from that, EURUSD could easily pull back even if it looks strong now. I'm watching the news too, like that Iran conflict pushing oil up – that usually means risk aversion and a stronger dollar, which would kill this EURUSD move. But then again, sometimes currency moves have their own momentum. It's a gamble, lol.
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
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