EURUSD trend forecast April 23 , 2025
💬 The EUR/USD pair comes under pressure, slipping to around 1.1355 during the early Asian session on Wednesday, as renewed demand for the US Dollar (USD) weighs on the shared currency. The Greenback regains ground after US President Donald Trump clarified he had no plans to dismiss Federal Reserve (Fed) Chair Jerome Powell, despite expressing dissatisfaction over the Fed’s cautious approach to interest rate cuts.
Meanwhile, the White House stated on Tuesday that the Trump administration is making headway in trade negotiations aimed at reducing the broad tariffs announced earlier this month. Press Secretary Karoline Leavitt noted that 18 countries have submitted trade proposals to the US, while Trump’s trade delegation is set to engage with 34 nations this week to explore potential deals. These positive trade developments support the USD and put downward pressure on the EUR/USD pair.
💬EURUSD price is still in an uptrend thanks to the weakening of the dollar, tariff pressure. However, today the PMI data of European countries is released, the forecast is bad for EUR, waiting for a sell signal.
🥇/// SELL EURUSD : zone 1.14300 - 1.14500
SL: 1.14800
TP: 40 - 60 - 150pips ( 1.13000 )
Safe and profitable trading
💬 The EUR/USD pair comes under pressure, slipping to around 1.1355 during the early Asian session on Wednesday, as renewed demand for the US Dollar (USD) weighs on the shared currency. The Greenback regains ground after US President Donald Trump clarified he had no plans to dismiss Federal Reserve (Fed) Chair Jerome Powell, despite expressing dissatisfaction over the Fed’s cautious approach to interest rate cuts.
Meanwhile, the White House stated on Tuesday that the Trump administration is making headway in trade negotiations aimed at reducing the broad tariffs announced earlier this month. Press Secretary Karoline Leavitt noted that 18 countries have submitted trade proposals to the US, while Trump’s trade delegation is set to engage with 34 nations this week to explore potential deals. These positive trade developments support the USD and put downward pressure on the EUR/USD pair.
💬EURUSD price is still in an uptrend thanks to the weakening of the dollar, tariff pressure. However, today the PMI data of European countries is released, the forecast is bad for EUR, waiting for a sell signal.
🥇/// SELL EURUSD : zone 1.14300 - 1.14500
SL: 1.14800
TP: 40 - 60 - 150pips ( 1.13000 )
Safe and profitable trading
Trade active
+ 55 pips , great signal SELL EURUSD ( 1.14300 - 1.14500 ) , nice Trade closed: target reached
+ 130 pips , amazing signal SELL EURUSD ( 1.14300 - 1.14500 )
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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/+FK9DbU7tLiJiNDJl "
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
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.