📊 Technical Analysis
●
EURUSD is pressing the purple resistance line (~1.1335); a close above it should carry the pair to the mid‑channel support level at 1.1450, then to the upper resistance level near 1.1560.
💡 Fundamental Analysis
● US initial claims rose to 241 k and continuing claims to 1.916 m, pushing yields lower and softening the USD.
● ECB officials signal caution on additional rate cuts after June, helping anchor euro yields and sentiment.
✨ Summary
Accumulation‑zone strength, weakening USD data, and a cautious ECB support a short‑term long view: objectives 1.1450 → 1.1560; the daily candlestick closes under the channel.
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●
EURUSD is pressing the purple resistance line (~1.1335); a close above it should carry the pair to the mid‑channel support level at 1.1450, then to the upper resistance level near 1.1560.💡 Fundamental Analysis
● US initial claims rose to 241 k and continuing claims to 1.916 m, pushing yields lower and softening the USD.
● ECB officials signal caution on additional rate cuts after June, helping anchor euro yields and sentiment.
✨ Summary
Accumulation‑zone strength, weakening USD data, and a cautious ECB support a short‑term long view: objectives 1.1450 → 1.1560; the daily candlestick closes under the channel.
-------------------
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Trade active
📊 Technical Analysis
●
EURUSD sprang off the down‑channel floor and the 1.1200 support level, repeating the pattern of prior rebounds.● Holding above the channel base puts 1.1310 resistance in focus; a break could test the 1.1370 supply zone/upper channel line. Long view void on a daily close back under 1.1200.
💡 Fundamental Analysis
● US March PPI softened to 2.7 % y/y vs 3.3 % expected, reviving Fed‑cut bets and denting the USD.
● Euro‑area Q1 GDP surprised at 0.4 % q/q, showing the bloc outgrowing expectations and supporting the euro.
✨ Summary
Channel‑floor bounce, softer US inflation and better Eurozone growth favour a short‑term long: aim for 1.1310 → 1.1370; invalidate below 1.1200.
-------------------
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🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
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.
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
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.