Euro / U.S. Dollar
Long
Updated

EURUSD - 16 April, Break trend H1, continue uptrend

138
EURUSD trend forecast April 16 , 2025

💬The EUR/USD pair remains on a positive trajectory, trading around 1.1285 in early Asian hours on Wednesday. The US Dollar (USD) continues to hover near its lowest level in nearly three years against the Euro (EUR), as persistent trade tensions weigh on sentiment. Market participants now await the upcoming US Retail Sales data and a speech from Federal Reserve (Fed) Chair Jerome Powell, both scheduled for later on Wednesday.

On Monday, Fed Governor Christopher Waller noted that the Trump administration’s trade tariffs had delivered a significant shock to the US economy and might prompt the Fed to cut interest rates to avoid a potential recession—even in the face of elevated inflation. At the same time, Atlanta Fed President Raphael Bostic emphasized the importance of patience, suggesting the Fed should hold steady until there is greater clarity.

According to the CME FedWatch Tool, markets are currently factoring in close to 85 basis points of rate cuts by year-end, with a majority expecting no change in policy at the Fed’s next meeting.

💬 DXY continues to weaken, gold price increases, EURUSD pair benefits. Breaks H1 trend and continues to grow


🥇/// BUY EURUSD : zone 1.13100 - 1.12900

SL: 1.12600

TP: 40 - 60 - 150pips ( 1.14400 )


Safe and profitable trading
Trade active
EURUSD uptrend correct
Trade closed: target reached
EURUSD trends to increase accurately, currently sideway and accumulated

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