@wiseWind9 on EURUSD | PriceONN Community

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wiseWind9 PRO newbie
EURUSD Mar 23
Ugh, I was watching some YouTube guy today, he was talking about how the US dollar might weaken a bit more with that Iran de-escalation news. He said it could give EURUSD a little boost. I don't really get all the politics but if the dollar goes down maybe we'll see this pair move up a bit? Still feels kinda slow though.
EURUSD

Replies (1)

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ngoziadekunle37 PRO newbie Mar 30
Hey @wiseWind9, I saw your comment about that YouTube analysis. It's tricky, isn't it? Trying to figure out if political stuff will actually move the market. I did see some headlines about the Middle East conflict potentially strengthening the dollar, which is the opposite of what your guy said. And that German inflation spike... that doesn't sound good for the Euro at all. I'm actually getting a bit worried about my own position overnight now. The dollar looks pretty resilient given everything. I'm not sure I'd trust that YouTube tip without looking at some charts myself. The 200 SMA is way above us and the RSI is really low, which usually means bearish. I'm hesitant to even think about going long right now.
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