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Key Points
- U.S. President Trump signed an order imposing a 25% tariff on Canada and Mexico starting on the 4th and an additional 20% tariff on China, including an extra 10%.
- At an informal summit chaired by U.K. Prime Minister Keir Starmer, major European nations decided to promote the "Coalition of Willing," a security consultative body aimed at expanding defense spending.
- China's Two Sessions (the National People's Congress and the Chinese People's Political Consultative Conference) will be held starting on the 4th, with attention focused on whether a large-scale fiscal stimulus plan will be included.
Major Economic Events This Week
+ March 5: U.S. February ADP Non-Farm Employment Change
+ March 6: ECB Interest Rate Decision
+ March 7: U.S. February Non-Farm Payrolls, Unemployment Rate, Fed Chair Powell's Speech
EUR/USD Chart Analysis
Recently, the price faced resistance around the 1.05000 level, leading to a significant pullback. However, after successfully rebounding, it is now attempting to break through the resistance once again. The likelihood of a breakout in this upward move appears very high, and if successful, further gains toward the 1.08000 level can be expected.
Please share your personal opinions in the comments. Don't forget to like and subscribe!
Key Points
- U.S. President Trump signed an order imposing a 25% tariff on Canada and Mexico starting on the 4th and an additional 20% tariff on China, including an extra 10%.
- At an informal summit chaired by U.K. Prime Minister Keir Starmer, major European nations decided to promote the "Coalition of Willing," a security consultative body aimed at expanding defense spending.
- China's Two Sessions (the National People's Congress and the Chinese People's Political Consultative Conference) will be held starting on the 4th, with attention focused on whether a large-scale fiscal stimulus plan will be included.
Major Economic Events This Week
+ March 5: U.S. February ADP Non-Farm Employment Change
+ March 6: ECB Interest Rate Decision
+ March 7: U.S. February Non-Farm Payrolls, Unemployment Rate, Fed Chair Powell's Speech
EUR/USD Chart Analysis
Recently, the price faced resistance around the 1.05000 level, leading to a significant pullback. However, after successfully rebounding, it is now attempting to break through the resistance once again. The likelihood of a breakout in this upward move appears very high, and if successful, further gains toward the 1.08000 level can be expected.
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.