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U.S. DOLLAR / EURO REFERENCE RATE

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EURUSD: Further decline continues!Hello dear EURUSD traders, let's dive deeper into this currency pair with Smith! Today, EURUSD couldn't resist the downward trend, aligning with our predictions from yesterday. This pair is under pressure as USD begins to regain strength, significantly impacting this major currency pair. On the analysis chart, EURUSD is struggling to break through the resistance level of 1.080 and the nearby 34.89 EMA. Additionally, a bearish wedge is gradually forming, signaling the likelihood of this downward trend continuing soon. With the breakdown of the 1.078 level, we may not encounter any significant support until reaching 1.076. Let's closely monitor EURUSD's upcoming movements and prepare for the next investment opportunities!
Short
by Smith_Scalper
Long-Term Outlook: Potential for EUR/USD to Rise to 1.14917Opinion: Based on current analysis, I foresee the EUR/USD pair potentially rising to 1.14917 in the long term. This move could take several months to materialize, potentially extending into the first quarter of 2026. Please note: This is not a trading signal but rather an opinion on possible market direction. I encourage you to share your thoughts and opinions to foster constructive discussion for the benefit of all traders. Thank you for your time and engagement.
Long
by elmaghrebi01
EUR/USD Breaks Out of Ascending Triangle – SHORT SETUPEUR/USD has broken below the ascending triangle pattern, signaling potential downside movement. The price is currently testing support at 1.0782, with the next key level around 1.0732. A retest of the broken trendline may confirm further bearish momentum. Traders watching for a short setup with a stop above 1.0812 and a target around 1.0732. 💡 Risk Management: Always follow a risk management strategy and never risk more than you can afford to lose. 🔔 Disclaimer: This is not financial advice. The content is for personal record-keeping and educational purposes only. Traders should conduct their own research before making any trading decisions.
Short
by seventeacup
EUR/USD possible short setupCurrent news:  – European data: The EUR inflation flash reading and related core inflation numbers (high‐ and medium‐impact) are on the radar. Although the forecast for the headline rate was 2.1% (down from 2.3%), the eventual outcome remains unknown, leaving the market sensitive.  – U.S. indicators: Medium–to–high impact US manufacturing data (ISM PMI and job openings) scheduled later today may add volatility and influence risk sentiment. • Trend Probability:  – Short Trade: With the price currently trading below the previously indicated support, a bearish continuation is more likely. Based on technical break and pending high-impact news, a short trade outcome is estimated at roughly a 65–70% probability.  – Long Trade: A countertrend bounce toward support is less likely given the breakdown. The probability for a successful long trade stands roughly at 30–35%. • Technical Analysis:  – Support/Resistance: The key support area (historically around the 1.0800 level) has now been breached. This breakout suggests potential further declines, with lower support possibly near 1.0770–1.0760.  – Price Action & Indicators: Recent M15 candles have confirmed a downward slide beyond a previous rally zone, and while some oscillators show mixed readings, the overall picture reinforces bearish momentum.  – Moving averages: The 50– and 200–period SMAs remain closely monitored. The break below support suggests that price is not only declining but may struggle to regain grip above these averages. • Trade Setups & Levels:     • Entry: Consider entering around the current price (roughly 1.0784–1.0786)   • Stop Loss (SL): Place a stop loss just above the previous support zone, around 1.0805 to limit risk in case of a reversal.   • Take Profit (TP): Aim for lower support targets near 1.0760 or even 1.0755, adjusting based on emerging price action. Disclaimer: this is just an idea and not recommendation or any kind of advice.
Short
by VS-NTC
The Day Ahead Key Events for Tuesday, April 1, 2025 Economic Data Releases: US: ISM Manufacturing Index, Construction Spending, JOLTS Job Openings, Vehicle Sales China: Caixin Manufacturing PMI Japan: Tankan Survey, Jobless Rate, Job-to-Applicant Ratio Italy: Manufacturing PMI, Car Sales, Unemployment Rate, Budget Balance Eurozone: CPI (Inflation), Unemployment Rate Canada: Manufacturing PMI Central Banks: Fed: Barkin speaks ECB: Lagarde & Lane speak BoE: Greene speaks RBA: Holds rates at 4.1% Other: US House Special Elections in Florida (Could impact markets) This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
by TradeNation
EURUSD: Eurozone CPI expectations and PMIs in Europe and the US.By Ion Jauregui - ActivTrades Analyst The EUR/USD trades cautiously on Tuesday, in a context marked by the release of key data that could define its direction in the coming days. The pair is trading slightly lower by 0.09%, reflecting investors' uncertainty ahead of the Eurozone Consumer Price Index (CPI) and manufacturing PMIs in Europe and the United States. Eurozone CPI under the spotlight The market expects March CPI in the Eurozone to have risen by 2.2% y/y, one tenth less than in February, while core inflation could come in at 2.5%, also one tenth below the previous figure. A lower-than-expected figure could reinforce expectations of a more moderate stance by the European Central Bank (ECB), which would put further pressure on the euro against the dollar. PMI and economic outlook Manufacturing PMIs will also be released today in Spain, Italy, France, Germany, the UK, the Eurozone and the US. These data will offer insight into the health of the manufacturing sector and could influence perceptions of economic strength in both regions. If the data in Europe shows weakness and the US data beats expectations, the dollar could strengthen further, extending the downward pressure on the EURUSD. Technical Analysis The EURUSD is currently climbing in price since April 26th, supporting its climb at higher supports at each time 1.07364, 1.07649, 1.07913 its current POC, and today it has broken out generating support near 1.08 dollars per euro. If this price holds as support, we will see an increase in the value of the euro against the dollar. The 1-day chart shows an upward expansion of the averages, but if we go to 4 hours this expansion is much more timid. And in 1 hour this expansion is non-existent and the three averages are about to make a possible confluence of averages. In the Asian day there has been some correction with volume which could mark, together with the RSI currently at 43.10%, a recovery of the price. It is likely that in the news hours these prices will soar throughout the day, especially at the beginning of the American session that will put on the table the US data, which after the consequences of the tariff pressure are generating undesirable effects towards the United States, with its consequent weakening. If the U.S. data shows strength, the next area of movement for the dollar would be its second support indicated at 1.07649. In this environment, investors will continue to watch bond market signals and central bankers' speeches for clues on future monetary policy decisions that could impact the EURUSD price. EURUSD remains in a key zone, with support at 1.08, awaiting inflation and PMI data. If European data disappoints and the US shows strength, the dollar could gain ground. The US session will set the direction of the pair. ******************************************************************************************* The information provided does not constitute investment research. The material has not been prepared in accordance with the legal requirements designed to promote the independence of investment research and such should be considered a marketing communication. All information has been prepared by ActivTrades ("AT"). The information does not contain a record of AT's prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information. Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance is not reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acing on the information provided does so at their own risk.
Long
by ActivTrades