Euro / U.S. DollarShort
EURUSD Insight
Hello, Subscribers!
Thank you for joining us today. Please feel free to share your personal opinions in the comments section. Don’t forget to hit the like button and subscribe for more updates!
Key Points
- Trump-Xi Call: U.S. President Donald Trump and Chinese President Xi Jinping had a phone conversation, discussing topics such as trade balance, fentanyl, and TikTok. Trump stated that the discussion was very positive for both the U.S. and China.
- Trump's Inauguration: Trump’s inauguration as the 47th President of the United States will take place on January 20. Markets are watching closely to see whether he will immediately implement executive orders on tariffs and immigration restrictions after taking office.
- U.S. Market Holiday: The U.S. stock market will be closed for Martin Luther King Jr. Day. The Federal Reserve enters its blackout period ahead of the FOMC meeting.
- BOJ Rate Hike: The Bank of Japan is expected to raise its interest rate by 25 basis points during its monetary policy meeting on January 23–24.
- Eurozone Inflation: The December Consumer Price Index (CPI) for the Eurozone met expectations, standing at 2.4%.
This Week's Key Economic Events
+ January 20: Martin Luther King Jr. Day (U.S. market closed), Trump Inauguration
+ January 24: Bank of Japan Interest Rate Decision
EUR/USD Chart Analysis
After facing resistance at the 1.04500 level, EUR/USD has been on a downward trend, dropping back to the 1.02000 level. If this level is broken, it could potentially fall further to the 1.00000 level. However, with Trump’s new term starting this week, it introduces significant uncertainties.
An upward movement cannot be ruled out. If bullish momentum strengthens, we may see EUR/USD testing highs near the 1.06000 level.
Thank you for joining us today. Please feel free to share your personal opinions in the comments section. Don’t forget to hit the like button and subscribe for more updates!
Key Points
- Trump-Xi Call: U.S. President Donald Trump and Chinese President Xi Jinping had a phone conversation, discussing topics such as trade balance, fentanyl, and TikTok. Trump stated that the discussion was very positive for both the U.S. and China.
- Trump's Inauguration: Trump’s inauguration as the 47th President of the United States will take place on January 20. Markets are watching closely to see whether he will immediately implement executive orders on tariffs and immigration restrictions after taking office.
- U.S. Market Holiday: The U.S. stock market will be closed for Martin Luther King Jr. Day. The Federal Reserve enters its blackout period ahead of the FOMC meeting.
- BOJ Rate Hike: The Bank of Japan is expected to raise its interest rate by 25 basis points during its monetary policy meeting on January 23–24.
- Eurozone Inflation: The December Consumer Price Index (CPI) for the Eurozone met expectations, standing at 2.4%.
This Week's Key Economic Events
+ January 20: Martin Luther King Jr. Day (U.S. market closed), Trump Inauguration
+ January 24: Bank of Japan Interest Rate Decision
EUR/USD Chart Analysis
After facing resistance at the 1.04500 level, EUR/USD has been on a downward trend, dropping back to the 1.02000 level. If this level is broken, it could potentially fall further to the 1.00000 level. However, with Trump’s new term starting this week, it introduces significant uncertainties.
An upward movement cannot be ruled out. If bullish momentum strengthens, we may see EUR/USD testing highs near the 1.06000 level.
네이버 카페 :
cafe.naver.com/autumnis
오픈 카톡방 :
pf.kakao.com/_txlKqxj/chat
텔레그램 :
t.me/shawntimemanager
cafe.naver.com/autumnis
오픈 카톡방 :
pf.kakao.com/_txlKqxj/chat
텔레그램 :
t.me/shawntimemanager
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.
네이버 카페 :
cafe.naver.com/autumnis
오픈 카톡방 :
pf.kakao.com/_txlKqxj/chat
텔레그램 :
t.me/shawntimemanager
cafe.naver.com/autumnis
오픈 카톡방 :
pf.kakao.com/_txlKqxj/chat
텔레그램 :
t.me/shawntimemanager
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.