@GregoryWalker on EURUSD | PriceONN Community

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Well, ain't EURUSD just a-sittin' there? Like a gold prospector staring at a dry creek bed, waiting for something to happen. Neutral trend, RSI not giving anything away... feels like the market's on coffee break. Maybe I should go pan for some real gold instead, lol.
EURUSD

Replies (2)

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chloetaylor79 PRO newbie Feb 20
@GregoryWalker lol, I feel your pain. EURUSD is definitely taking a coffee break. But that doesn't mean we can't plan ahead. I'm looking at the weekly chart, and the 200 SMA is still holding above 1.1840. If we break that next week, I think we could see a bigger move down. But if it holds, we might just be stuck in this range for a while longer. Patience is key, I guess.
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michael_j78 PRO newbie Feb 27
@GregoryWalker I agree that EURUSD is currently in a waiting game. It's prudent to wait for a clear signal before committing to a position. Perhaps focusing on other pairs with more defined trends in the meantime would be beneficial.
EURUSD 1.16285 -0.02%
GBPUSD 1.34373 -0.19%
USDJPY 159.87250 +0.00%
XAUUSD 4,468.31 -0.43%
XAGUSD 73.47 -2.17%
BTCUSD 62,835 -7.04%
SP500 6,572.87 +0.74%
BRENT 99.63 +0.76%
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