🔆Key factors affecting EUR/USD include:
👉Yesterday's CPI (inflation) index, which will strongly affect the USD.
👉If inflation is higher than expected: The Federal Reserve (Fed) may maintain high interest rates for a longer period of time, causing the USD to strengthen and EUR/USD may fall.
👉On the contrary, if CPI is lower than expected: The Fed may ease policy, pushing the USD down and helping EUR/USD rise.
🔆Geopolitical situation:
👉Trade tensions and conflicts in Europe may affect the strength of the Euro.
👉If instability increases, money flows may shift to the USD, putting downward pressure on EUR/USD.
🔆In short:
👉EUR/USD is in the accumulation phase, signaling strong volatility ahead. Traders should be cautious and wait for a breakout signal to determine a clear trend. Follow PPI news from the US today to predict the next movement more accurately.
🔆Plan:
Price Zone Setup:
👉Buy EUR/USD 1.0345 – 1.0360
❌SL: 1.0300 | ✅TP: 1.0400 – 1.0440
👉Yesterday's CPI (inflation) index, which will strongly affect the USD.
👉If inflation is higher than expected: The Federal Reserve (Fed) may maintain high interest rates for a longer period of time, causing the USD to strengthen and EUR/USD may fall.
👉On the contrary, if CPI is lower than expected: The Fed may ease policy, pushing the USD down and helping EUR/USD rise.
🔆Geopolitical situation:
👉Trade tensions and conflicts in Europe may affect the strength of the Euro.
👉If instability increases, money flows may shift to the USD, putting downward pressure on EUR/USD.
🔆In short:
👉EUR/USD is in the accumulation phase, signaling strong volatility ahead. Traders should be cautious and wait for a breakout signal to determine a clear trend. Follow PPI news from the US today to predict the next movement more accurately.
🔆Plan:
Price Zone Setup:
👉Buy EUR/USD 1.0345 – 1.0360
❌SL: 1.0300 | ✅TP: 1.0400 – 1.0440
Trade active
Hit + 55 pips, profit for youTrade closed: target reached
Initial goal achieved
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✅ t.me/+Y9T5_BwC7_JhMWM1
Join now !!!!
Channel: signals - knowledge and FOREX comments
Join now !!!!
Channel: signals - knowledge and FOREX comments
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.