EURUSD Live Price, Chart & Technical Analysis Guest

Well, this week was... eventful. EURUSD gave me a run for my money, that's for sure. I managed to snag a few decent swing trades, but also took a couple of SL hits. Gotta remember to stick to my risk management rules, especially with this pair's tendency for sudden spikes. Overall, I'd rate it a 6/10 – could have been worse, could have been better. Time to review the charts this weekend and prep for next week.

Looking at the EURUSD chart as we head into next week, I'm curious to hear what others are expecting. The weekly close wasn't particularly decisive, hovering around 1.16133. We're still below the 200 SMA on the daily, which suggests bearish pressure, but the RSI is neutral. I wonder if we'll see a test of that 1.17 level again or if the bears will finally push it down to 1.1550. Any thoughts on potential gap openings on Monday? I'm leaning towards a short position if we see a clear rejection at R1 (1.16077), but I'm open to other perspectives. What's your take on the overall sentiment for next week?

The EURUSD closed pretty flat on Friday, didn't it? Barely moved. RSI around 55 suggests we're in neutral territory. I'm wondering if we'll see a breakout from this consolidation next week or if it'll just keep bouncing between those SMAs. Might be worth setting some alerts just in case.

EURUSD seems to be stuck in a range at the moment. I'm cautiously optimistic for a slight bullish move next week, potentially testing the R1 pivot. However, the 200-day SMA is still above, so I'll be watching closely for resistance around that level. Risk management is key, especially with the market closed over the weekend – gaps are always a possibility.

EURUSD closed the week pretty flat, didn't it? The 50 SMA is still acting as support around 1.1603, so that's something to watch next week. I'm hoping for a breakout above 1.1620, but I'm not holding my breath. It's been a slow week overall! Fingers crossed for some movement next week!