Euro / U.S. Dollar
Short
Updated

EURUSD - 2 May, move with trendline, down

145
EURUSD trend forecast MAY 2 , 2025


💬The EUR/USD pair eased modestly during the early Asian session on Friday, retreating toward the 1.1290 level as the US Dollar (USD) found renewed strength amid a cautiously improving global trade outlook. The modest uptick in the Greenback was fueled by rising optimism that the prolonged US-China trade dispute may be entering a phase of de-escalation, following reports that Washington has reached out to Beijing to initiate negotiations regarding President Donald Trump’s proposed 145% tariffs.

This narrative was further reinforced by encouraging remarks from key US officials, including Treasury Secretary Scott Bessent and White House economic adviser Kevin Hassett, both of whom expressed hope for constructive dialogue and progress in diffusing trade tensions. Against this backdrop, investor focus now shifts squarely to the upcoming release of the US Nonfarm Payrolls (NFP) report for April — a pivotal data point that could offer fresh insights into the Federal Reserve’s policy trajectory and provide direction for the EUR/USD pair in the near term.

💬 DXY continues to recover, creating selling pressure on the EURUSD pair. Besides, the price is also moving along the downtrend line in large time frames. Waiting for the selling point 1.13300 - 1.13450

🥇///SELL EURUSD: zone 1.13300 - 1.13450

SL: 1.13800

TP: 40 - 60 - 100pips ( 1.12450 )



Safe and profitable trading
Trade active
+ 40 pips , sell EURUSD ( 1.13300 - 1.13450 ) , and now return entry

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