EURUSD trend forecast JUNE 06 , 2025
💬The EUR/USD pair is experiencing a gradual decline after retreating from a two-month high of 1.1495, reached on June 5. As of Friday’s Asian session, the pair is trading near the 1.1440 level, with market participants showing caution ahead of the highly anticipated U.S. Nonfarm Payrolls report. The data is expected to show an increase of 130,000 jobs in May, a slowdown from the 177,000 reported in April, while the Unemployment Rate is projected to remain steady at 4.2%.
On the labor front, the U.S. Department of Labor reported that Initial Jobless Claims rose to 247,000, surpassing expectations of 235,000. Similarly, the ADP employment data on Thursday showed that the private sector added just 37,000 jobs in May, down from the revised April figure of 60,000 and well below the market forecast of 115,000.
Meanwhile, U.S. President Donald Trump held a phone conversation with Chinese President Xi Jinping, which he described as productive, indicating a willingness to continue discussions on trade and tariffs. However, reports suggest some tension persists between the negotiating teams, as recent comments from President Trump highlighted concerns over China’s adherence to previously agreed terms following a temporary tariff truce reached in Geneva.
💬 EURUSD continues in H1 uptrend, with continued negative forecasts for DXY as today's NF data is released
🥇/// BUY EURUSD : zone 1.14330 - 1.14150
SL: 1.13900
TP: 40 - 60 - 100pips ( 1.15150 )
Safe and profitable trading
💬The EUR/USD pair is experiencing a gradual decline after retreating from a two-month high of 1.1495, reached on June 5. As of Friday’s Asian session, the pair is trading near the 1.1440 level, with market participants showing caution ahead of the highly anticipated U.S. Nonfarm Payrolls report. The data is expected to show an increase of 130,000 jobs in May, a slowdown from the 177,000 reported in April, while the Unemployment Rate is projected to remain steady at 4.2%.
On the labor front, the U.S. Department of Labor reported that Initial Jobless Claims rose to 247,000, surpassing expectations of 235,000. Similarly, the ADP employment data on Thursday showed that the private sector added just 37,000 jobs in May, down from the revised April figure of 60,000 and well below the market forecast of 115,000.
Meanwhile, U.S. President Donald Trump held a phone conversation with Chinese President Xi Jinping, which he described as productive, indicating a willingness to continue discussions on trade and tariffs. However, reports suggest some tension persists between the negotiating teams, as recent comments from President Trump highlighted concerns over China’s adherence to previously agreed terms following a temporary tariff truce reached in Geneva.
💬 EURUSD continues in H1 uptrend, with continued negative forecasts for DXY as today's NF data is released
🥇/// BUY EURUSD : zone 1.14330 - 1.14150
SL: 1.13900
TP: 40 - 60 - 100pips ( 1.15150 )
Safe and profitable trading
Trade active
Data good for USD, DXY has a dynamic recovery
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MOON | Forex Academy hopes to bring the best experience to the Forex community
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+w1S87P9rNEwzNzM1 "
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+w1S87P9rNEwzNzM1 "
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.