🔔🔔🔔 EUR/USD news:
➡️ The EUR/USD pair edged slightly lower during Monday’s European session, hovering around the 1.1380 level after posting gains in the previous two sessions. The pair had strengthened amid a weakening US dollar, which came under pressure due to escalating trade tensions between the US and China—raising fears of a potential global recession.
➡️ On Friday, China's Ministry of Finance announced a sharp increase in tariffs on US goods, raising them from 84% to 125%, in retaliation to US President Donald Trump's move a day earlier to hike tariffs on Chinese imports to 145%. Meanwhile, in an effort to ease trade tensions, the European Union announced a 90-day delay on planned retaliatory tariffs, mirroring a similar pause by Washington to support renewal negotiations.
Personal opinion:
➡️ In the short term, the USD is showing signs of a slight recovery after DXY's RSI entered the oversold zone.
➡️ The EUR/USD bulls are also taking profits and taking a break to monitor the next developments of the market to create a clearer buying momentum.
➡️ Analysis based on important resistance - support levels and Fibonacci combined with EMA to come up with a suitable strategy
Plan:
🔆Price Zone Setup:
👉Sell EUR/USD 1.1420 - 1.1400
❌SL:1.1460| ✅TP: 1.1335 - 1.1285
FM wishes you a successful trading day đź’°đź’°đź’°
➡️ The EUR/USD pair edged slightly lower during Monday’s European session, hovering around the 1.1380 level after posting gains in the previous two sessions. The pair had strengthened amid a weakening US dollar, which came under pressure due to escalating trade tensions between the US and China—raising fears of a potential global recession.
➡️ On Friday, China's Ministry of Finance announced a sharp increase in tariffs on US goods, raising them from 84% to 125%, in retaliation to US President Donald Trump's move a day earlier to hike tariffs on Chinese imports to 145%. Meanwhile, in an effort to ease trade tensions, the European Union announced a 90-day delay on planned retaliatory tariffs, mirroring a similar pause by Washington to support renewal negotiations.
Personal opinion:
➡️ In the short term, the USD is showing signs of a slight recovery after DXY's RSI entered the oversold zone.
➡️ The EUR/USD bulls are also taking profits and taking a break to monitor the next developments of the market to create a clearer buying momentum.
➡️ Analysis based on important resistance - support levels and Fibonacci combined with EMA to come up with a suitable strategy
Plan:
🔆Price Zone Setup:
👉Sell EUR/USD 1.1420 - 1.1400
❌SL:1.1460| ✅TP: 1.1335 - 1.1285
FM wishes you a successful trading day đź’°đź’°đź’°
Nota
Hit + 35 pips from Sell 1.1407Trade attivo
check EUR/USDHit + 110 pips from sell 1.1407
Big profit
Congratulation
Trade chiuso: obiettivo raggiunto
Hit max profit 140 pips from sell 1.1407Successful Sell Plan
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âś… t.me/+Y9T5_BwC7_JhMWM1
Join now !!!!
Channel: signals - knowledge and FOREX comments
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Channel: signals - knowledge and FOREX comments
Pubblicazioni correlate
Declinazione di responsabilitĂ
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.