USDEUX trade ideas
EURUSD: Will Start Growing! Here is Why:
The recent price action on the EURUSD pair was keeping me on the fence, however, my bias is slowly but surely changing into the bullish one and I think we will see the price go up.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
❤️ Please, support our work with like & comment! ❤️
EURUSD: Move Down Expected! Short!
My dear friends,
Today we will analyse EURUSD together☺️
The market is at an inflection zone and price has now reached an area around 1.13635 where previous reversals or breakouts have occurred.And a price reaction that we are seeing on multiple timeframes here could signal the next move down so we can enter on confirmation, and target the next key level of 1.13243..Stop-loss is recommended beyond the inflection zone.
❤️Sending you lots of Love and Hugs❤️
EUR/USD Bullish Ideas Price broke out pf Contraction Phase
Price is done with expansion Phase
Were now entering Retracement
Price is still under Equilibrium which is a good area for buys
Price failed to go lower on the Daily timeframe
DXY Is Bearish
Old resistance becomes support and from the candlesticks fiber is strong enough to break.
Best Buy
@1.13520
Decent Buy
@1.13660
SL
@1.1320
TP
@1.14380
Fundamental Market Analysis for April 24, 2025 EURUSDEvent to watch out for today:
15:30 EET. USD - Number of Initial Jobless Claims in the U.S.
EURUSD:
EUR/USD rises towards the 1.1335 level during the early Asian session on Thursday. Easing concerns over potential tariff threats from US President Donald Trump are putting some pressure on the US Dollar (USD).
According to the Federal Reserve's (Fed) Beige Book report released on Wednesday, businesses facing the early stages of Trump's tariffs are looking for ways to pass on rising costs to consumers. Companies have reported receiving warnings from suppliers about price increases and are looking for ways not to absorb those increases, noting uncertainty about whether they can pass them on to customers.
Earlier this month, Trump imposed a basic import tax of 10 per cent or more on dozens of countries, but then unexpectedly suspended the taxes for 90 days to give countries a chance to negotiate lower rates. Nevertheless, trade policy uncertainty and concerns over slowing economic growth in the US could drive the dollar lower and create a tailwind for EUR/USD.
Last week, the European Central Bank (ECB) cut its main interest rate by a quarter of a percentage point to 2.25% at its April meeting. During a press conference, ECB President Christine Lagarde said that the US tariffs on EU goods, which have increased from an average of 3% to 13%, are already hurting the prospects of the European economy.
Trading recommendation: BUY 1.1350, SL 1.1320, TP 1.1430
EUR/USD Consolidates: What's Next? FenzoFx—EUR/USD declined from $1.1571, as anticipated, due to overbought signals from the Stochastic and RSI 14 indicators. The pair now trades below the 50-period simple moving average, near $1.1350.
The Stochastic Oscillator has dropped below 20, suggesting the U.S. dollar is overvalued short-term. As long as the price remains above the $1.1259 support, the bullish outlook holds. Potential upside targets include $1.147 and $1.1571.
Bearish Scenario: If the price falls below $1.1259, bearish momentum may drive EUR/USD toward the next support at $1.1146.
>>> No Deposit Bonus
>>> %100 Deposit Bonus
>>> Forex Analysis Contest
All at FenzoFx Decentralized Forex Broker