🏆 EURUSD Market Update
📊 Technical Outlook
🔸Short-term: BULLS 1150
🔸Mid-term: BEARS 0670
🔸Status: REVERSAL from S/R
🔸0660/0680 normal pullback
🔸BULLS will max out at 1150
🔸Price Target Bears: 0660/0680
🔸Price Target BULLS: 1140/1160
📊 Forex Market Update – April 7, 2025
🇪🇺 EUR/USD
🔹 Reclaims the 1.1000 level amid fresh USD weakness
🔹 Driven by EU-U.S. trade tensions & global recession fears
🔹 📈 Almost Completed a cup & handle formation
🇬🇧 GBP/USD
🔹 Holding gains above 1.2900 after rebounding from 1.2830
🔹 Supported by USD sell-off & BoE-Fed policy divergence
🔹 🛑 Risk-off sentiment & dip-buying helped push the pair higher
📊 Technical Outlook
🔸Short-term: BULLS 1150
🔸Mid-term: BEARS 0670
🔸Status: REVERSAL from S/R
🔸0660/0680 normal pullback
🔸BULLS will max out at 1150
🔸Price Target Bears: 0660/0680
🔸Price Target BULLS: 1140/1160
📊 Forex Market Update – April 7, 2025
🇪🇺 EUR/USD
🔹 Reclaims the 1.1000 level amid fresh USD weakness
🔹 Driven by EU-U.S. trade tensions & global recession fears
🔹 📈 Almost Completed a cup & handle formation
🇬🇧 GBP/USD
🔹 Holding gains above 1.2900 after rebounding from 1.2830
🔹 Supported by USD sell-off & BoE-Fed policy divergence
🔹 🛑 Risk-off sentiment & dip-buying helped push the pair higher
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💎algo based bots and signals
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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.