Euro / U.S. Dollar
Long
Updated

EURUSD - 3 June, trendline and DXY continues to weaken

87
EURUSD trend forecast JUNE 03 , 2025

💬The EUR/USD pair saw a modest pullback during Tuesday’s Asian trading session, easing slightly to around 1.1420 after posting gains of over 0.50% in the previous session. The U.S. Dollar has shown a mild recovery, likely attributed to a technical correction, despite lingering market concerns over potential stagflation in the United States. Market participants are expected to closely monitor the upcoming release of the Eurozone Harmonized Index of Consumer Prices (HICP) later today, which could offer important insights into inflation dynamics within the region. Attention will then shift to the North American session, where the JOLTS Job Openings report is anticipated to provide further clarity on labor market conditions.

In a separate development that added to broader market unease, U.S. President Donald Trump announced on Friday his intention to double tariffs on imported steel and aluminum, raising the rate from 25% to 50%, with the measure set to take effect on Wednesday. According to remarks reported by Reuters, President Trump emphasized that this decision aims to strengthen the domestic steel industry and apply additional pressure on global steel producers. This move is widely viewed as an escalation in ongoing trade tensions, contributing to heightened market sensitivity in the days ahead.

💬 Under the impact of tariffs, downward pressure on DXY. EURUSD benefits, touches trendline and continues to increase in price.

🥇/// BUY EURUSD : zone 1.14200 - 1.14000

SL: 1.13700

TP: 40 - 60 - 100pips ( 1.15000 )



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The trend of changes, DXY recovers today

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