🔔🔔🔔EUR/USD news:
👉The EUR/USD pair remains range-bound as the US Dollar stabilizes ahead of the Federal Reserve’s monetary policy meeting. The Euro (EUR) holds steady after German leaders, including the Greens led by Franziska Brantner, agreed to establish a 500 billion Euro infrastructure fund and implement significant changes to borrowing regulations, particularly the 'debt brake,' which is set for approval in the lower house of Parliament on Tuesday.
👉Market participants anticipate that Germany’s decision to increase defense spending through a historic adjustment of the debt brake will stimulate economic growth.
Personal opinion:
👉The EUR/USD pair remains in long-term uptrend. Recent weak US economic data, especially CPI and PPI, have raised concerns about a US recession. This has weakened the Dollar significantly.
Analysis:
👉Based on important resistance - support levels and Fibonacci combined with EMA to come up with a suitable strategy
Plan:
🔆Price Zone Setup:
👉Buy EUR/USD 1.0870- 1.0880
❌SL: 1.0840| ✅TP: 1.0920 – 1.0950 – 1.0990
FM wishes you a successful trading day 💰💰💰
👉The EUR/USD pair remains range-bound as the US Dollar stabilizes ahead of the Federal Reserve’s monetary policy meeting. The Euro (EUR) holds steady after German leaders, including the Greens led by Franziska Brantner, agreed to establish a 500 billion Euro infrastructure fund and implement significant changes to borrowing regulations, particularly the 'debt brake,' which is set for approval in the lower house of Parliament on Tuesday.
👉Market participants anticipate that Germany’s decision to increase defense spending through a historic adjustment of the debt brake will stimulate economic growth.
Personal opinion:
👉The EUR/USD pair remains in long-term uptrend. Recent weak US economic data, especially CPI and PPI, have raised concerns about a US recession. This has weakened the Dollar significantly.
Analysis:
👉Based on important resistance - support levels and Fibonacci combined with EMA to come up with a suitable strategy
Plan:
🔆Price Zone Setup:
👉Buy EUR/USD 1.0870- 1.0880
❌SL: 1.0840| ✅TP: 1.0920 – 1.0950 – 1.0990
FM wishes you a successful trading day 💰💰💰
Note
note: Hit + 25 pips. CongratulationTrade active
hit + 40 pips from 1.0870Congratulation
Note
Hit + 60 pips from 1.0870 congratulation
Trade closed: target reached
update:EUR/USD hits EMA50 support and bounces back
Gains +70 pips from 1.0870
congratulations on your profits
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✅ t.me/+Y9T5_BwC7_JhMWM1
Join now !!!!
Channel: signals - knowledge and FOREX comments
Join now !!!!
Channel: signals - knowledge and FOREX comments
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.