EURUSD Now we need Trump and the EU to come up with a joint statement that they have reached a good consensus. That will pump things up 😆Euro / U.S. Dollar forum
EURUSD Now we need Trump and the EU to come up with a joint statement that they have reached a good consensus. That will pump things up 😆
EURUSD We could either rise from this point or fall back to the prior daily high; the current range indicates a bullish trend. The 4-hour time frame shows a bearish outlook, while both the daily and weekly charts remain bullish. As long as the price does not breach a significant daily low, the overall long-term bias should remain bullish.The significant daily low aligns with the range low at 1.14463. Currently, we are at the low of a mother bar on the daily chart, which may indicate a potential upward movement. Should this level be breached, the market is likely to decline to the previous daily high. If that level is also broken, the market will aim for the range low and head towards a demand zone. This represents the final opportunity for the daily trend to continue up! If broken we are on the cusp of the turning point.
This is merely the data as I perceive it over the long term.. I hope this assists some of you in positioning yourselves accurately on your scalps!
EURUSD German Industrial Production (May, MoM)
📈 Actual: +1.2%
📉 Forecast: -0.6%
📉 Previous: -1.6%
Germany’s industrial production posted a solid rebound in May, exceeding expectations following two months of declines. The data suggests a short-term improvement in the manufacturing sector and could provide support for the euro.
EURUSD looking at dxy we might be heading up again
EURUSD so when pump? againEURUSD US Jobs Data Supports Fed Dovish Signals
The EUR/USD stayed in a narrow range around 1.1760 during Friday’s Asian session, with limited movement as US markets were closed for Independence Day.
The US dollar gained modestly after Thursday’s NFP data showed 147,000 new jobs in June, beating the expected 110,000.
However, private sector job growth slowed, adding only 74,000 jobs in June versus a three-month average of 115,000. This trend supports Fed officials like Vice Chair Bowman, who recently called for rate cuts due to labor market risks.
Resistance for the pair is at 1.1830, while support is at 1.1730.
EURUSD bloomberg.com/news/articles/2025-07-07/portugal-sees-eu-us-reaching-trade-deal-with-very-low-tariffsEven bad tariffs won't be in effect until August 1. Also EU reaching an agreement with USA very soon. Bullish?
EURUSD Outlook stays bullish above 1.1717; a break below could shift momentum to the downside.
EURUSD patiently waiting for the spike 😐
EURUSD where do u all have the tp?