EUR/USD is trading cautiously around the 1.0350 level as the US dollar maintains its strong upward momentum. This major currency pair is moving slowly as the US dollar (USD) continues to hold steady at its highest levels in over two years. The US Dollar Index (DXY) is currently trading near 108.50, supported by expectations that the Federal Reserve (Fed) will not cut interest rates as quickly as previously anticipated this year. EUR/USD is also under pressure due to the less-than-optimistic outlook for the Euro (EUR). While the Euro made a slight gain against the USD on Thursday, it could continue to face selling pressure. The European Central Bank (ECB) is expected to continue cutting interest rates until June, with at least four rate cuts, bringing the deposit rate down to 2%. From a technical chart perspective, I noticed that the pair had been trading sideways earlier, followed by a sharp decline, and it may potentially drop below the 1.0300 level. If this level is broken, EUR/USD could face further downward pressure, with the next target possibly around 1.0250. However, it's important to note that any recovery in the Euro, particularly if there is positive news from the ECB or strong economic data, could help the pair regain upward momentum.
As the curtain fell on 2024, the EUR/USD currency pair concluded the year under a veil of bearish pressure, aligning closely with the predictions outlined in previous analyses. On the final trading day of the year, the pair reached a significant low, hitting our predetermined take profit level at 1.03500. This movement signifies the prevailing market sentiment as we transition into 2025, with indicators suggesting that the bearish trajectory remains firmly in place. The backdrop of this price action is rooted in a risk-averse atmosphere that has characterized global markets. Investors seeking safety gravitated towards the US Dollar (USD), further dampening the EUR/USD pairing as we approached the New Year break. Such aversion to risk has historically led to a strengthening USD, which paints a challenging picture for the Euro amid ongoing economic transformations across Europe. As we move into the first week of 2025, all eyes are on the forthcoming US economic indicators, particularly the weekly Initial Jobless Claims data. Analysts predict that the number of first-time applications for unemployment benefits will climb to 222,000, a modest uptick from the previous week's 219,000. Should the actual figures exceed expectations, this could lead to a weakening of the USD in the latter part of the day, introducing an element of volatility into the market. On the other side of the Atlantic, European Central Bank (ECB) President Christine Lagarde provided insights into the ECB's progress in combating inflation throughout 2024. In her recent statements, she expressed optimism about hitting the inflation targets set for 2025, stating, "Hopefully, 2025 is the year when we are on target as expected and as planned in our strategy." Despite these assertions, the market reaction to her comments was tepid at best, illustrating a possible disconnect between the ECB's hopes and the stark realities facing the Eurozone. Lagarde’s emphasis on the progress achieved in 2024 indicates a deliberate and strategic approach to monetary policy; however, the actual impact on the Euro remains to be seen. The broader economic conditions in Europe, including persistent inflationary pressures and slower economic growth compared to the United States, add layers of complexity to the Euro's valuation against its American counterpart. Previous Idea with Take profit reached: https://www.tradingview.com/chart/EURUSD/nnGcLPQu-EUR-USD-Under-Bearish-Pressure-A-Market-Analysis-Update/ ✅ Please share your thoughts about EUR/USD in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
Blue Star Ltd. Cup Pattern Breakout. Crossing All Time High. High Volume & Delivery. Potential Uptrend. Disclaimer: For educational purpose only. Please do your own research before taking any trades. Happy Trading!
Analysis of gold in the long term In Time Weekly, the market is in an upward trend, and in terms of Elliot waves, we are in the correction wave of May 4. The price floor and the main support of 2025 is 2464, and by maintaining the high price of this number, we buy gold for the numbers and target of 3000 and 3300 dollars.
when its break 1.6412 we wait to pull back to near 1.64 and then buy to 1.74 target or do risk free. its is depends on you when you close your trade.
QAN chart looks bullish. massive surge in price late in 2024 means insiders know something we dont. I expect QAN to touch $12 in 2025 as oil will remain cheap as well as cost cutting.
Quick gold buy jab at the market aiming for c140 pips
Hello Traders & Investors, How is your new year going, what do you say about Trading with Accurate analysis this year ?check my previous results in mind . Follow for more simple & accurate analysis for INDEX & COMM. Trade as per your R:R
IO / USDT Last time i shared a bullish idea about IO was around 1.9$-2$ and price pumped over 140% since that time before correction (check previous idea in attachment below) Now IO has a potential to form CUP and Handle pattern which is great bullish pattern if completed Keep an eye on it
Key Level Zone : 0.6350-0.6450 HMT v3.1 detected. The setup looks promising, supported by a previous upward/downward trend with increasing volume and momentum, presenting an excellent reward-to-risk opportunity. HMT (High Momentum Trending): HMT is based on trend, momentum, volume, and market structure across multiple timeframes. It highlights setups with strong potential for upward movement and higher rewards. Whenever I spot a signal for my own trading, I’ll share it. Please note that conducting a comprehensive analysis on a single timeframe chart can be quite challenging and sometimes confusing. I appreciate your understanding of the effort involved. Important Note : Role of Key Levels: - These zones are critical for analyzing price trends. If the key level zone holds, the price may continue trending in the expected direction. However, momentum may increase or decrease based on subsequent patterns. - Breakouts: If the key level zone breaks, it signals a stop-out. For reversal traders, this presents an opportunity to consider switching direction, as the price often retests these zones, which may act as strong support-turned-resistance (or vice versa). My Trading Rules Risk Management - Maximum risk per trade: 2.5%. - Leverage: 5x. Exit Strategy Profit-Taking: - Sell at least 70% on the 3rd wave up (LTF Wave 5). - Typically, sell 50% during a high-volume spike. - Adjust stop-loss to breakeven once the trade achieves a 1.5:1 reward-to-risk ratio. - If the market shows signs of losing momentum or divergence, ill will exit at breakeven. The market is highly dynamic and constantly changing. HMT signals and target profit (TP) levels are based on the current price and movement, but market conditions can shift instantly, so it is crucial to remain adaptable and follow the market's movement. If you find this signal/analysis meaningful, kindly like and share it. Thank you for your support~ Sharing this with love! HMT v2.0: - Major update to the Momentum indicator - Reduced false signals from inaccurate momentum detection - New screener with improved accuracy and fewer signals HMT v3.0: - Added liquidity factor to enhance trend continuation - Improved potential for momentum-based plays - Increased winning probability by reducing entries during peaks HMT v3.1: - Enhanced entry confirmation for improved reward-to-risk ratios