@oliverhiker on EURUSD | PriceONN Community

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oliverhiker
oliverhiker PRO newbie
EURUSD Mar 24
Man, this EURUSD chart is messing with my head. Price is just bouncing around 1.1570, not really going anywhere decisive. The 50 SMA is holding it back a bit but the 200 is way below. It feels like it could go either way right now, which is the worst kind of situation when you're trying to scalp.
EURUSD

Replies (1)

oliverhiker
oliverhiker PRO newbie Mar 24
Actually, thinking more about that mixed signal thing from earlier... I just checked the news, and with all the talk about escalating tensions, I figured the USD might get stronger. That should push EURUSD down, right? But then I see the chart and it's just sitting there. Maybe the market already priced that in? Or maybe it's just waiting for something else. This sideways action is driving me crazy, I want to get in but I don't want to get squeezed on the wrong side of whatever's coming.
EURUSD 1.16393 +0.07%
GBPUSD 1.34555 -0.06%
USDJPY 159.87150 +0.00%
XAUUSD 4,507.04 +0.43%
XAGUSD 74.98 -0.17%
BTCUSD 63,661 -5.81%
SP500 6,572.87 +0.74%
BRENT 97.74 -1.15%
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