🔔🔔🔔EUR/USD news:
➡️ The broad weakness of the U.S. dollar was not enough to push EUR/USD higher, with the pair trading around 1.1368 during the U.S. session. The euro (EUR) saw a slight dip following headlines about political uncertainty in Germany, as conservative leader Friedrich Merz, who won the election over two months ago, failed to secure a parliamentary majority to become chancellor. However, the U.S. dollar continued to decline across the board, ahead of Wednesday’s FOMC event, which helped prevent further losses in the EUR/USD pair.
Personal opinion:
➡️ The USD is still showing its weakness after a three-day losing streak with no signs of stopping. However, Germany’s problems are still not solved. So EUR/USD will remain in the sideways zone
➡️ Analysis based on resistance - support levels and Pivot points combined with EMA to come up with a suitable strategy
Plan:
🔆Price Zone Setup:
👉Buy EUR/USD 1.1360 - 1.1370
❌SL: 1.1400 | ✅TP: 1.1310
FM wishes you a successful trading day 💰💰💰
➡️ The broad weakness of the U.S. dollar was not enough to push EUR/USD higher, with the pair trading around 1.1368 during the U.S. session. The euro (EUR) saw a slight dip following headlines about political uncertainty in Germany, as conservative leader Friedrich Merz, who won the election over two months ago, failed to secure a parliamentary majority to become chancellor. However, the U.S. dollar continued to decline across the board, ahead of Wednesday’s FOMC event, which helped prevent further losses in the EUR/USD pair.
Personal opinion:
➡️ The USD is still showing its weakness after a three-day losing streak with no signs of stopping. However, Germany’s problems are still not solved. So EUR/USD will remain in the sideways zone
➡️ Analysis based on resistance - support levels and Pivot points combined with EMA to come up with a suitable strategy
Plan:
🔆Price Zone Setup:
👉Buy EUR/USD 1.1360 - 1.1370
❌SL: 1.1400 | ✅TP: 1.1310
FM wishes you a successful trading day 💰💰💰
Trade active
Update personal plan Hit + 45 pips from sell 1.1370
Trade closed: target reached
update Personal Plan:going as predicted, good profit
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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
Related publications
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.