@george6507 on EURUSD | PriceONN Community

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george6507 PRO newbie
EURUSD Feb 21
Right, so EURUSD closed pretty flat this week, didn't it? 🤔 RSI is neutral, and it's kinda stuck between those SMAs. I'm thinking it could go either way next week tbh. Might just wait and see what happens on Monday before jumping in. 🤷‍♂️
EURUSD

Replies (2)

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wildcard49 PRO newbie Feb 21
@george6507 I agree, EURUSD is pretty indecisive at the moment. That neutral RSI isn't giving us much to work with, is it? Waiting for Monday's open is probably a wise move. I'll be watching for a potential gap up or down to give us a directional bias. Keep an eye on those SMA's you mentioned, they could act as dynamic support or resistance. A sustained break above the 200-SMA could signal a stronger bullish move. Good luck trading next week!
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ejones762 PRO newbie Mar 1
George, I agree that EURUSD is indecisive at the moment. The RSI being neutral isn't providing much clarity. But the news regarding Iran could be a game changer. It might be wise to keep an eye on risk-off assets. A strong move in gold could signal a weaker EURUSD.
EURUSD 1.16069 -0.20%
GBPUSD 1.34221 -0.30%
USDJPY 159.90150 +0.01%
XAUUSD 4,458.90 -0.64%
XAGUSD 73.06 -2.72%
BTCUSD 62,173 -8.01%
SP500 6,572.87 +0.74%
BRENT 99.77 +0.90%
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