🏆 EURUSD Market Update m20 short-term trade
📊 Technical Outlook
🔸Short-term: BEARS 1160
🔸5 waves impulse completed
🔸1090/1240/1140/1350/1270/1410
🔸a/b/c/ correction 1160
🔸short sell and exit at 1160
🔸Price Target Bears: 1160
Key recent developments in EURUSD
📉 The U.S. dollar weakened as investors grew concerned over President Trump's proposed tax and spending bill, which could significantly increase the national debt
📈 The euro reached a one-month high after President Trump delayed the implementation of 50% tariffs on European Union imports, providing a temporary boost to investor confidence
🗣️ European Central Bank President Christine Lagarde suggested that the euro could become a global alternative to the U.S. dollar, contingent on strengthening the EU's financial and security infrastructure
📊 Technical analysis indicates that the EUR/USD pair may edge higher within a range of 1.1360 to 1.1420, though upward momentum is slowing
📉 Soft inflation data from France has increased selling pressure on the euro, as markets anticipate a stronger divergence between the Federal Reserve and the European Central Bank
📉 The EUR/USD pair is under bearish pressure, trading near 1.1350, as the U.S. dollar finds demand ahead of upcoming economic data and ongoing Senate tax debates
📊 Technical Outlook
🔸Short-term: BEARS 1160
🔸5 waves impulse completed
🔸1090/1240/1140/1350/1270/1410
🔸a/b/c/ correction 1160
🔸short sell and exit at 1160
🔸Price Target Bears: 1160
Key recent developments in EURUSD
📉 The U.S. dollar weakened as investors grew concerned over President Trump's proposed tax and spending bill, which could significantly increase the national debt
📈 The euro reached a one-month high after President Trump delayed the implementation of 50% tariffs on European Union imports, providing a temporary boost to investor confidence
🗣️ European Central Bank President Christine Lagarde suggested that the euro could become a global alternative to the U.S. dollar, contingent on strengthening the EU's financial and security infrastructure
📊 Technical analysis indicates that the EUR/USD pair may edge higher within a range of 1.1360 to 1.1420, though upward momentum is slowing
📉 Soft inflation data from France has increased selling pressure on the euro, as markets anticipate a stronger divergence between the Federal Reserve and the European Central Bank
📉 The EUR/USD pair is under bearish pressure, trading near 1.1350, as the U.S. dollar finds demand ahead of upcoming economic data and ongoing Senate tax debates
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taplink.cc/black001
💎Syndicate Black
⚡️Gold/Forex auto-trading bot
📕MyFXBOOK verified 500%+ gains
💎GOLD EA target 100%+ gains/week
🚀supercharge your trading
💎75% win rate free gold signals
t.me/syndicategold001
💎Syndicate Black
⚡️Gold/Forex auto-trading bot
📕MyFXBOOK verified 500%+ gains
💎GOLD EA target 100%+ gains/week
🚀supercharge your trading
💎75% win rate free gold signals
t.me/syndicategold001
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.