EURUSD - 23 April, PMI data forecasts bad for Europe

4月23日

EURUSD trend forecast April 23 , 2025


💬 The EUR/USD pair comes under pressure, slipping to around 1.1355 during the early Asian session on Wednesday, as renewed demand for the US Dollar (USD) weighs on the shared currency. The Greenback regains ground after US President Donald Trump clarified he had no plans to dismiss Federal Reserve (Fed) Chair Jerome Powell, despite expressing dissatisfaction over the Fed’s cautious approach to interest rate cuts.

Meanwhile, the White House stated on Tuesday that the Trump administration is making headway in trade negotiations aimed at reducing the broad tariffs announced earlier this month. Press Secretary Karoline Leavitt noted that 18 countries have submitted trade proposals to the US, while Trump’s trade delegation is set to engage with 34 nations this week to explore potential deals. These positive trade developments support the USD and put downward pressure on the EUR/USD pair.

💬EURUSD price is still in an uptrend thanks to the weakening of the dollar, tariff pressure. However, today the PMI data of European countries is released, the forecast is bad for EUR, waiting for a sell signal.


🥇/// SELL EURUSD : zone 1.14300 - 1.14500

SL: 1.14800

TP: 40 - 60 - 150pips ( 1.13000 )


Safe and profitable trading

4月23日

交易進行

+ 55 pips , great signal SELL EURUSD ( 1.14300 - 1.14500 ) , nice

4月24日

交易結束：目標達成

+ 130 pips , amazing signal SELL EURUSD ( 1.14300 - 1.14500 )