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Fundamental Analysis:
A Reuters survey projects the eurozone economy to grow by 0.9% in 2025 and 1.1% in 2026, indicating improved economic expectations.
Meanwhile, a surge in U.S. initial jobless claims and weak economic data have weighed on the U.S. dollar. However, the U.S. Department of Commerce’s upward revision of Q1 GDP contraction estimates introduces some uncertainty.
Technical Analysis:
The 4-hour chart shows a stable "stepped" upward structure. A valid break above the 1.1420 zone could drive prices toward 1.1460–1.1500, while a drop below 1.1330 may extend the pullback to near 1.1200.
Trading Recommendations:
If price fails to break above 1.1420, consider initiating a light short position with a stop-loss set above 1.1450.
Trading Strategy:
Sell@1.14200-1.14000
TP:1.13000-1.12600
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Fundamental Analysis:
A Reuters survey projects the eurozone economy to grow by 0.9% in 2025 and 1.1% in 2026, indicating improved economic expectations.
Meanwhile, a surge in U.S. initial jobless claims and weak economic data have weighed on the U.S. dollar. However, the U.S. Department of Commerce’s upward revision of Q1 GDP contraction estimates introduces some uncertainty.
Technical Analysis:
The 4-hour chart shows a stable "stepped" upward structure. A valid break above the 1.1420 zone could drive prices toward 1.1460–1.1500, while a drop below 1.1330 may extend the pullback to near 1.1200.
Trading Recommendations:
If price fails to break above 1.1420, consider initiating a light short position with a stop-loss set above 1.1450.
Trading Strategy:
Sell@1.14200-1.14000
TP:1.13000-1.12600
Share accurate trading signals daily—transform your life starting now!
👇 👇 👇 Obtain signals👉👉👉
Click the link for accurate trading signals!
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t.me/+yjp8kSPDleljYzA0
Change your life starting from entering my Telegram channel!
t.me/+yjp8kSPDleljYzA0
Making profits will be as easy as breathing!
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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.
Click the link for accurate trading signals!
t.me/+yjp8kSPDleljYzA0
Change your life starting from entering my Telegram channel!
t.me/+yjp8kSPDleljYzA0
Making profits will be as easy as breathing!
t.me/+yjp8kSPDleljYzA0
t.me/+yjp8kSPDleljYzA0
Change your life starting from entering my Telegram channel!
t.me/+yjp8kSPDleljYzA0
Making profits will be as easy as breathing!
t.me/+yjp8kSPDleljYzA0
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.