EURUSD trend forecast April 17 , 2025
💬 EUR/USD slips toward the 1.1350 level during Thursday’s European session, as traders exercise caution ahead of the European Central Bank's (ECB) upcoming interest rate announcement, scheduled for 12:15 GMT. Markets largely expect the ECB to lower its key rates by 25 basis points, bringing the Deposit Facility Rate and the Main Refinancing Operations Rate down to 2.25% and 2.4%, respectively.
Market participants have grown increasingly certain that the ECB will proceed with a rate cut for the seventh time since initiating its easing cycle in June, and for the sixth consecutive meeting, driven by growing confidence that inflation in the Eurozone is on track to meet the 2% target by the end of the year. Moreover, persistent concerns about economic headwinds in an already decelerating economy further support the case for additional monetary easing.
💬EURUSD price is currently mainly consolidating, DXY is still showing weakness, still bullish for EURUSD. H1 also shows a small resistance breakout.
🥇/// BUY EURUSD : zone 1.13650 - 1.13450
SL: 1.13150
TP: 40 - 60 - 100pips ( 1.14450 )
Safe and profitable trading
💬 EUR/USD slips toward the 1.1350 level during Thursday’s European session, as traders exercise caution ahead of the European Central Bank's (ECB) upcoming interest rate announcement, scheduled for 12:15 GMT. Markets largely expect the ECB to lower its key rates by 25 basis points, bringing the Deposit Facility Rate and the Main Refinancing Operations Rate down to 2.25% and 2.4%, respectively.
Market participants have grown increasingly certain that the ECB will proceed with a rate cut for the seventh time since initiating its easing cycle in June, and for the sixth consecutive meeting, driven by growing confidence that inflation in the Eurozone is on track to meet the 2% target by the end of the year. Moreover, persistent concerns about economic headwinds in an already decelerating economy further support the case for additional monetary easing.
💬EURUSD price is currently mainly consolidating, DXY is still showing weakness, still bullish for EURUSD. H1 also shows a small resistance breakout.
🥇/// BUY EURUSD : zone 1.13650 - 1.13450
SL: 1.13150
TP: 40 - 60 - 100pips ( 1.14450 )
Safe and profitable trading
Trade active
+ 30 pips , signal BUY EURUSD ( zone 1.13650 - 1.13450 ) , great Trade closed: target reached
Signal BUY EURUSD has 40 pips , now return entry BUY 
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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.