EURUSD UPDATE FOR NEW TRADERS
Let’s break down what’s happening with the Euro vs. US Dollar (EUR/USD)
📈 PRICE RIGHT NOW
➡️ EURUSD is trading at 1.13417, which means the Euro is gaining strength against the Dollar.
➡️ It’s up +1.28% and just entered a zone where many big traders are looking to sell (called a SUPPLY ZONE) at around 1.12020 – 1.13980.
⚠️ WHY THIS MATTERS TO YOU
The EURUSD is getting ready to move — maybe sharply.
Today (April 11), there’s important news coming from both Europe and the U.S. that could shake up the market.
🗓️ BIG NEWS TO WATCH TODAY
Here’s what’s on the calendar and how it could affect your trade:
ECB President Speaking (2:45 AM PT)
If she sounds confident about Europe’s economy, the Euro could go up even more
If not, it may drop.
Inflation Report (PPI) (5:30 AM PT)
If prices in the U.S. are rising fast, the Dollar could get stronger.
That could make EURUSD go down.
Consumer Sentiment & Fed Speeches (7:00–8:30 AM PT)
If Americans are feeling positive about the economy
if Fed speakers hint at raising interest rates, the Dollar could jump.
🎯 WHAT TO DO AS A TRADER
If you're already in a SELL trade near 1.12020, you’re in the right zone — just be careful of price spiking toward 1.13980 before dropping.
Your next target to take profit is around 1.08289, which is where price might pull back to.
If price goes above 1.14948, it could mean the SELL setup failed — that’s your STOP LOSS zone .
✅ SIMPLE GAME PLAN
Watch the news today! Big moves may happen during or after these reports.
Hold your position if the news supports your trade.
Close your trade or move your stop if the news goes against you.
If you're unsure, this is a great time to sit back, watch the market react, and learn.
