Eur/Usd 18-Mar-2025:
Starting the year, Eur/Usd was expected to reach the parity point of 1/1. This was mainly supported by the US election results and tariffs policy which were expected to give strength to the US dollar against other currency pairs, in addition to the rate-cut expectations of the ECB.
The lowest point for Eur/Usd for this yes was in mid-Jan where it reached slightly lower than 1.02.
Currently with the depreciation of Usd due to the fear of recession, and the push in Eur supported by the German Fiscal policy which is expected to spend 500 billion on infra-structure and defense. Euro pair is trading at 1.09.
The below possible scenarios could take place:
• Breaking and retest above 1.095 could be the trigger to test the higher time-frame demand area at 1.12
• Breaking below 1.0925 could see a deeper pull-back to 1.08
• Breaking below 1.075 could lead to price retesting 1.063
Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Starting the year, Eur/Usd was expected to reach the parity point of 1/1. This was mainly supported by the US election results and tariffs policy which were expected to give strength to the US dollar against other currency pairs, in addition to the rate-cut expectations of the ECB.
The lowest point for Eur/Usd for this yes was in mid-Jan where it reached slightly lower than 1.02.
Currently with the depreciation of Usd due to the fear of recession, and the push in Eur supported by the German Fiscal policy which is expected to spend 500 billion on infra-structure and defense. Euro pair is trading at 1.09.
The below possible scenarios could take place:
• Breaking and retest above 1.095 could be the trigger to test the higher time-frame demand area at 1.12
• Breaking below 1.0925 could see a deeper pull-back to 1.08
• Breaking below 1.075 could lead to price retesting 1.063
Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
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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.
Come join us today at : easymarkets.com/
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.