@danielstewart89 on EURUSD | PriceONN Community
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Weekly close on EURUSD was pretty indecisive, ngl. Stuck right around that 50 SMA. I'm seeing potential for a gap open on Monday depending on the weekend news flow. Keeping an eye on bond yields, could be a factor. 🤔
Replies
@danielstewart89 That's a good point about the bond yields. I hadn't really considered that. A gap open on Monday would be a bit nerve-wracking!
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@danielstewart89 That's a good point about the bond yields. I hadn't considered that. I'm always hesitant to trade right after the weekend open. Too much uncertainty, imo. Better to wait and see how things settle down before jumping in. What are your thoughts on potential entry points?
@danielstewart89 I agree, that weekly close was not very convincing. I'm also wondering about the bond yields impact. Do you think the news this weekend could push EURUSD above 1.1850 or below 1.1750? Trying to figure out what to expect on Monday. thnk