EURUSD trend forecast JUNE 04 , 2025
💬EUR/USD has recovered earlier losses and is now trading near its intraday highs, slightly above the 1.1400 mark at the time of writing. The Euro has found renewed support following an encouraging revision to the Eurozone Services PMI, which was adjusted upward to 49.7 from the earlier estimate of 48.9, signaling a more resilient services sector than initially expected.
Earlier this week, the pair had retreated from its six-week peak near the 1.1455 level, as the U.S. Dollar gained strength on the back of a surprising uptick in U.S. job openings. In contrast, softer-than-expected Eurozone inflation data, as reflected in the Consumer Prices Index (CPI), has reinforced expectations that the European Central Bank (ECB) may continue with its accommodative policy stance in the coming months, which could influence the pair's medium-term direction.
💬 EURUSD price breaks support, bearish expectations as ADP-NF economic news favors the dollar
🥇/// SELL EURUSD : zone 1.14000 - 1.14200
SL: 1.14500
TP: 40 - 60 - 100pips ( 1.13200 )
Safe and profitable trading
💬EUR/USD has recovered earlier losses and is now trading near its intraday highs, slightly above the 1.1400 mark at the time of writing. The Euro has found renewed support following an encouraging revision to the Eurozone Services PMI, which was adjusted upward to 49.7 from the earlier estimate of 48.9, signaling a more resilient services sector than initially expected.
Earlier this week, the pair had retreated from its six-week peak near the 1.1455 level, as the U.S. Dollar gained strength on the back of a surprising uptick in U.S. job openings. In contrast, softer-than-expected Eurozone inflation data, as reflected in the Consumer Prices Index (CPI), has reinforced expectations that the European Central Bank (ECB) may continue with its accommodative policy stance in the coming months, which could influence the pair's medium-term direction.
💬 EURUSD price breaks support, bearish expectations as ADP-NF economic news favors the dollar
🥇/// SELL EURUSD : zone 1.14000 - 1.14200
SL: 1.14500
TP: 40 - 60 - 100pips ( 1.13200 )
Safe and profitable trading
Trade active
+ 20 pips , signal SELL EURUSD ( 1.14000 - 1.14200 ) Trade closed: target reached
Dxy continues to weaken, the signs of EURUSD's growth
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MOON | Forex Academy hopes to bring the best experience to the Forex community
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+w1S87P9rNEwzNzM1 "
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+w1S87P9rNEwzNzM1 "
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.