📊 Technical Analysis
● Price has broken the H1 descending-channel roof and twice “fixed” above it at ≈1.137, turning the former ceiling into short-term support.
● The rebound forms an ascending triangle under 1.142; its measured swing targets 1.156 – 1.160, where the violet long-term resistance line and mid-channel parallel converge.
💡 Fundamental Analysis
● Markets expect the ECB to cut only 25 bp on 6 Jun and signal patience, while soft US JOLTS openings and slipping ISM-prices lifted September Fed-cut odds past 60 %, narrowing the 2-yr yield gap and underpinning EUR.
✨ Summary
Buy 1.135-1.137; triangle break >1.142 seeks 1.156 → 1.160. Long view void on an H1 close below 1.126.
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● Price has broken the H1 descending-channel roof and twice “fixed” above it at ≈1.137, turning the former ceiling into short-term support.
● The rebound forms an ascending triangle under 1.142; its measured swing targets 1.156 – 1.160, where the violet long-term resistance line and mid-channel parallel converge.
💡 Fundamental Analysis
● Markets expect the ECB to cut only 25 bp on 6 Jun and signal patience, while soft US JOLTS openings and slipping ISM-prices lifted September Fed-cut odds past 60 %, narrowing the 2-yr yield gap and underpinning EUR.
✨ Summary
Buy 1.135-1.137; triangle break >1.142 seeks 1.156 → 1.160. Long view void on an H1 close below 1.126.
-------------------
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Trade active
📊 Technical Analysis
● EUR retook the May swing-mid (1.139) and is now printing a series of higher lows along an inside trend-line, squeezing price against the 1.142 lid and showing rising OBV—signalling steady accumulation.
● 4 h MACD crossed up while candles hold above the reclaimed 1.135-1.137 demand strip; the triangle’s 1.618 extension and channel median intersect at 1.156-1.160, offering the next magnet.
💡 Fundamental Analysis
● Bloomberg notes EZ wage-growth cooled only marginally in Q1, tempering bets on an aggressive ECB cycle, while a softer US ADP (152 k vs 175 k est.) pulled 2-yr yields under 4.70 %, compressing the rate spread in the euro’s favour.
✨ Summary
Buy dips 1.135-1.137; breakout >1.142 targets 1.156 → 1.160. Long bias void on a 4 h close below 1.126.
-------------------
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Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
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.
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
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.