Euro / U.S. Dollar
Long
Updated

EURUSD - 5 May, Accumulate in 2 trend lines

135
EURUSD trend forecast MAY 5 , 2025


💬EUR/USD opens the week on a softer footing, hovering around 1.1320 during Monday’s Asian session, weighed down by renewed US policy signals and lingering trade tensions. While President Donald Trump confirmed he has no intention to remove Federal Reserve Chair Jerome Powell before his term expires in 2026—despite calling him “a total stiff”—he maintained his view that interest rates should ultimately be lowered.

The pair also comes under pressure amid potential trade frictions, with Trump proposing a 100% tariff on foreign-produced films, tasking the US Trade Representative and Commerce Department with initiating the process.

On the macro front, Friday’s stronger-than-expected US Nonfarm Payrolls report showed a 177K job gain in April, surpassing expectations, while the unemployment rate held steady at 4.2% and wage growth remained firm at 3.8% annually. Investors now turn their attention to the upcoming US ISM Services PMI, which could offer fresh clues on the economic outlook and policy direction.

💬 At the beginning of the week, there were not many major changes in price. EURUSD moved along 2 H1 trendlines.

🥇/// BUY EURUSD: zone 1.13200 - 1.13050

SL: 1.12750

TP: 40 - 60 - 100pips ( 1.14050 )



Safe and profitable trading
Trade active
snapshot

+ 30 pips , signal BUY EURUSD ( 1.13200 - 1.13050 )
Trade closed: target reached
+ 55 pips , signal BUY EURUSD ( 1.13200 - 1.13050 )

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.