@jking52 on EURUSD | PriceONN Community

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J
Looking back on this week, EURUSD has been a bit of a rollercoaster. I managed to scalp a few decent profits from the intraday volatility, but nothing substantial. The Iran news definitely adds a layer of uncertainty for the week ahead. I'll be keeping a close eye on how the market reacts on Monday morning before committing to any major positions.
EURUSD

Replies (1)

J
jking52 PRO newbie Mar 1
Update: Thinking more about the Iran situation, I'm considering hedging my EURUSD exposure with some long positions in USD/CHF. It's a lower-yielding currency pair, but it tends to perform well during risk-off periods. A diversified approach might be wise given the current climate. The risk of a significant gap open on Monday is definitely weighing on my mind. I'll probably set some limit orders to protect against unexpected movements. It's times like these when proper risk management is absolutely essential.
EURUSD 1.16155 +0.17%
GBPUSD 1.34293 +0.11%
USDJPY 159.96350 -0.05%
XAUUSD 4,440.33 +0.14%
XAGUSD 72.69 +0.00%
BTCUSD 63,013 -3.07%
SP500 6,572.87 +0.74%
BRENT 98.21 -2.69%
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