Welcome, dear subscribers!
Please feel free to share your personal opinions in the comments.
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Key Points
- According to CNN and Caixin, China has recently imposed an additional 125% tariff on eight types of U.S. semiconductors, excluding memory chips.
- President Trump, in an interview with Time magazine, stated that Chinese President Xi Jinping had called him, and he expects that all negotiation proposals will be announced within the next three to four weeks. He reaffirmed this expectation while leaving the White House to attend Pope Francis’ funeral.
- While skepticism remains in the market regarding whether actual U.S.-China trade negotiations are underway, there is a growing sentiment that the situation is unlikely to deteriorate further.
Key Economic Events This Week
+ April 29: U.S. March JOLTS Report (Department of Labor)
+ April 30: Germany Q1 GDP, Germany April CPI, U.S. April ADP Nonfarm Employment Change, U.S. March Core PCE Price Index
+ May 1: Bank of Japan Interest Rate Decision
+ May 2: Eurozone April CPI, U.S. April Nonfarm Payrolls, U.S. April Unemployment Rate
EURUSD Chart Analysis
After a sharp rally, EURUSD climbed close to the 1.16000 level but has since started to turn downward after encountering strong resistance. A short- to medium-term decline is expected, with a likely target near the 1.11000 level. However, once it reaches this bottom, a rebound and a return to an upward trend are anticipated.
If the market moves differently from the current outlook, I will promptly adjust the strategy accordingly.
Please feel free to share your personal opinions in the comments.
Also, don’t forget to like and subscribe!
Key Points
- According to CNN and Caixin, China has recently imposed an additional 125% tariff on eight types of U.S. semiconductors, excluding memory chips.
- President Trump, in an interview with Time magazine, stated that Chinese President Xi Jinping had called him, and he expects that all negotiation proposals will be announced within the next three to four weeks. He reaffirmed this expectation while leaving the White House to attend Pope Francis’ funeral.
- While skepticism remains in the market regarding whether actual U.S.-China trade negotiations are underway, there is a growing sentiment that the situation is unlikely to deteriorate further.
Key Economic Events This Week
+ April 29: U.S. March JOLTS Report (Department of Labor)
+ April 30: Germany Q1 GDP, Germany April CPI, U.S. April ADP Nonfarm Employment Change, U.S. March Core PCE Price Index
+ May 1: Bank of Japan Interest Rate Decision
+ May 2: Eurozone April CPI, U.S. April Nonfarm Payrolls, U.S. April Unemployment Rate
EURUSD Chart Analysis
After a sharp rally, EURUSD climbed close to the 1.16000 level but has since started to turn downward after encountering strong resistance. A short- to medium-term decline is expected, with a likely target near the 1.11000 level. However, once it reaches this bottom, a rebound and a return to an upward trend are anticipated.
If the market moves differently from the current outlook, I will promptly adjust the strategy accordingly.
네이버 카페 :
cafe.naver.com/autumnis
오픈 카톡방 :
pf.kakao.com/_txlKqxj/chat
텔레그램 :
t.me/shawntimemanager
cafe.naver.com/autumnis
오픈 카톡방 :
pf.kakao.com/_txlKqxj/chat
텔레그램 :
t.me/shawntimemanager
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.
네이버 카페 :
cafe.naver.com/autumnis
오픈 카톡방 :
pf.kakao.com/_txlKqxj/chat
텔레그램 :
t.me/shawntimemanager
cafe.naver.com/autumnis
오픈 카톡방 :
pf.kakao.com/_txlKqxj/chat
텔레그램 :
t.me/shawntimemanager
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.