🏆 EURNZD Market Update H2 chart
📊 Technical Outlook
🔸trading in well defined range
🔸trading mid range now
🔸range highs set at 9150
🔸range lows set at 8850
🔸strategy: SHORT SELL from resistance
🔸SL 40 pips TP1 +100 pips TP2 +200 pips
🔸swing trade setup for patient traders
📊Forex Market Update (June 3, 2025)
🇪🇺EUR/USD
📉Price:\~1.1410
Euro holds steady near 1.14 amid stable ECB policy and improving German sentiment. However, a drop in eurozone CPI to 2.0% from 2.2% may exert downward pressure
🔑Key Levels Support 1.1365|Resistance 1.1445
🇬🇧GBP/USD
📈Price:\~1.3530
Pound reaches a three-year high, trading around 1.3530, supported by a modest upward revision to May’s UK manufacturing PMI. Lack of UK economic data leaves Sterling influenced by global trends.
🔑Key Levels\:Support 1.3450|Resistance 1.3560
🇺🇸DXY (US Dollar Index)
📉Price:\~98.79
US dollar index falls to a six-week low amid persistent trade tensions and weak US manufacturing data for May. Investors await upcoming US nonfarm payrolls data, which could influence the Federal Reserve’s monetary stance.
🔑Key Levels\:Support 98.00|Resistance 100.00.00
📊 Technical Outlook
🔸trading in well defined range
🔸trading mid range now
🔸range highs set at 9150
🔸range lows set at 8850
🔸strategy: SHORT SELL from resistance
🔸SL 40 pips TP1 +100 pips TP2 +200 pips
🔸swing trade setup for patient traders
📊Forex Market Update (June 3, 2025)
🇪🇺EUR/USD
📉Price:\~1.1410
Euro holds steady near 1.14 amid stable ECB policy and improving German sentiment. However, a drop in eurozone CPI to 2.0% from 2.2% may exert downward pressure
🔑Key Levels Support 1.1365|Resistance 1.1445
🇬🇧GBP/USD
📈Price:\~1.3530
Pound reaches a three-year high, trading around 1.3530, supported by a modest upward revision to May’s UK manufacturing PMI. Lack of UK economic data leaves Sterling influenced by global trends.
🔑Key Levels\:Support 1.3450|Resistance 1.3560
🇺🇸DXY (US Dollar Index)
📉Price:\~98.79
US dollar index falls to a six-week low amid persistent trade tensions and weak US manufacturing data for May. Investors await upcoming US nonfarm payrolls data, which could influence the Federal Reserve’s monetary stance.
🔑Key Levels\:Support 98.00|Resistance 100.00.00
Note
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💎Syndicate Black
⚡️Gold/Forex auto-trading bot
📕MyFXBOOK verified 500%+ gains
💎GOLD EA target 100%+ gains/week
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💎75% win rate free gold signals
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.