@charlotte5734 on EURUSD | PriceONN Community
Well, with the markets closed for the weekend, I've been reviewing the EURUSD performance from last week. It seemed quite choppy, and that Friday close was a bit concerning given the strength of the US Dollar after that jobs report. I'm really wondering what to expect next week. Do you think we'll see a significant gap open on Monday, or will it just continue this sideways trend? I'm trying to plan my next moves but it's hard without a clear direction.
Replies
Yeah, that jobs data really seemed to put a damper on things for EURUSD. I saw the news about the USD strengthening, and it makes sense that it would push other pairs down. I'm just hoping we don't open too far from Friday's close, that would be a shock. I'm already a bit down on my position from earlier in the week and I don't want to see that loss get bigger right away. I need to find a way to manage this risk better over the weekend, maybe set some alerts for Monday morning.