🔔🔔🔔EUR/USD news:
➡️ The US dollar (USD) began the week under selling pressure, with the EUR/USD pair edging higher following Moody’s announcement late Friday that it had downgraded the US credit rating.
➡️ However, remarks from Federal Reserve policymakers appeared to lend some support to the USD, limiting the euro’s gains. Atlanta Fed President Raphael Bostic reiterated his expectation that the Fed would cut interest rates once this year, while Fed Vice Chair Philip Jefferson and Minneapolis Fed President Neel Kashkari both emphasized the need for patience and more data before making any policy changes.
➡️ Meanwhile, ECB Governing Council member Isabel Schnabel stated on Tuesday that disinflation is progressing as expected but warned that tariffs could pose an upside inflation risk in the medium term.
Personal opinion:
➡️ The positive developments in trade negotiations between the US and other countries are showing signs of improvement, so it will be a driving force for the USD and cause the EUR/USD to decline. In addition, the hawkish statements from the feds also firmly support this.
➡️ Analysis based on important resistance - support levels and Fibonacci combined with EMA to come up with a suitable plan
Resistance zone: 1.1290
Support zone: 1.1200
FM wishes you a successful trading day 💰💰💰
➡️ The US dollar (USD) began the week under selling pressure, with the EUR/USD pair edging higher following Moody’s announcement late Friday that it had downgraded the US credit rating.
➡️ However, remarks from Federal Reserve policymakers appeared to lend some support to the USD, limiting the euro’s gains. Atlanta Fed President Raphael Bostic reiterated his expectation that the Fed would cut interest rates once this year, while Fed Vice Chair Philip Jefferson and Minneapolis Fed President Neel Kashkari both emphasized the need for patience and more data before making any policy changes.
➡️ Meanwhile, ECB Governing Council member Isabel Schnabel stated on Tuesday that disinflation is progressing as expected but warned that tariffs could pose an upside inflation risk in the medium term.
Personal opinion:
➡️ The positive developments in trade negotiations between the US and other countries are showing signs of improvement, so it will be a driving force for the USD and cause the EUR/USD to decline. In addition, the hawkish statements from the feds also firmly support this.
➡️ Analysis based on important resistance - support levels and Fibonacci combined with EMA to come up with a suitable plan
Resistance zone: 1.1290
Support zone: 1.1200
FM wishes you a successful trading day 💰💰💰
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Join now !!!!
Channel: signals - knowledge and FOREX comments
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Channel: signals - knowledge and FOREX comments
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。