hello guys lets start new analysis as you can see eurusd is bearish for a few days and mad a descending channel .
the price broke 1.060 support
When analyzing EUR/USD from a fundamental perspective on the one-hour timeframe, a few key factors are currently impacting this currency pair:
1. U.S. Interest Rates: The Federal Reserve is still in a phase of rate hikes or, at the very least, is not planning to lower rates anytime soon. This strengthens the dollar, as investors prefer it over other currencies, adding downward pressure on the euro. Any hints from the Fed about possibly slowing down rate hikes could provide temporary support for the euro.
2. European Economic Slowdown: Europe’s economy remains in a slow-growth phase, especially in countries like Germany, which relies heavily on exports. This factor weakens the euro and adds more downward pressure on EUR/USD.
3. Inflation and ECB Policies: Inflation in the Eurozone remains a challenge. The European Central Bank (ECB) has raised interest rates to control it, but inflation is still above target. The ECB may have less room and motivation than the Fed to continue rate hikes, which could weaken the euro.
4. Political and Geopolitical News: Ongoing geopolitical issues
the price broke 1.060 support
When analyzing EUR/USD from a fundamental perspective on the one-hour timeframe, a few key factors are currently impacting this currency pair:
1. U.S. Interest Rates: The Federal Reserve is still in a phase of rate hikes or, at the very least, is not planning to lower rates anytime soon. This strengthens the dollar, as investors prefer it over other currencies, adding downward pressure on the euro. Any hints from the Fed about possibly slowing down rate hikes could provide temporary support for the euro.
2. European Economic Slowdown: Europe’s economy remains in a slow-growth phase, especially in countries like Germany, which relies heavily on exports. This factor weakens the euro and adds more downward pressure on EUR/USD.
3. Inflation and ECB Policies: Inflation in the Eurozone remains a challenge. The European Central Bank (ECB) has raised interest rates to control it, but inflation is still above target. The ECB may have less room and motivation than the Fed to continue rate hikes, which could weaken the euro.
4. Political and Geopolitical News: Ongoing geopolitical issues
交易進行
Running to profit The price rejected from resistance 1.06
交易結束：目標達成
Target1 achieved 註釋
Finaly target2 achieved
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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。