🎯 Trade setup:
Direction: Long only after confirmation
🔻 Entry: 1.1440–1.1450
🛑 Stop Loss: 1.1390
🎯 Take Profit 1: 1.1480
📰 News:
EURUSD is reacting to a mixed macro backdrop. The dollar is supported by safe-haven demand after renewed U.S.–Iran tensions, while higher energy prices remain a risk for the eurozone economy. Markets are also waiting for U.S. CPI and Fed Chair Warsh’s testimony, which could reshape Fed rate expectations.
📊 Analysis:
- The rebound from 1.1390 indicated demand.
- The MACD is turning positive, but the Stochastic RSI is near overbought, so confirmation is needed.
- A consolidation above 1.1450 will open the way to 1.1480 and 1.1520.
- If the price fails to hold above resistance, a pullback to 1.1400–1.1390 is possible.
Scenario:
If EURUSD breaks and holds above 1.1450, buyers may push the pair toward 1.1480 and then 1.1520.
If the price fails at 1.1440–1.1450, a pullback toward 1.1400–1.1390 is likely.
⚠️ Not financial advice.
Direction: Long only after confirmation
🔻 Entry: 1.1440–1.1450
🛑 Stop Loss: 1.1390
🎯 Take Profit 1: 1.1480
📰 News:
EURUSD is reacting to a mixed macro backdrop. The dollar is supported by safe-haven demand after renewed U.S.–Iran tensions, while higher energy prices remain a risk for the eurozone economy. Markets are also waiting for U.S. CPI and Fed Chair Warsh’s testimony, which could reshape Fed rate expectations.
📊 Analysis:
- The rebound from 1.1390 indicated demand.
- The MACD is turning positive, but the Stochastic RSI is near overbought, so confirmation is needed.
- A consolidation above 1.1450 will open the way to 1.1480 and 1.1520.
- If the price fails to hold above resistance, a pullback to 1.1400–1.1390 is possible.
Scenario:
If EURUSD breaks and holds above 1.1450, buyers may push the pair toward 1.1480 and then 1.1520.
If the price fails at 1.1440–1.1450, a pullback toward 1.1400–1.1390 is likely.
⚠️ Not financial advice.
Trade closed: stop reached
120% deposit bonus at ElibriBroker.com.
Use code 2944999 at registration, then make a qualifying deposit.
First 30 eligible clients only.
Terms and trading-volume requirements apply. Trading involves risk.
More on TG: t.me/elibrianalytics
Use code 2944999 at registration, then make a qualifying deposit.
First 30 eligible clients only.
Terms and trading-volume requirements apply. Trading involves risk.
More on TG: t.me/elibrianalytics
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.
120% deposit bonus at ElibriBroker.com.
Use code 2944999 at registration, then make a qualifying deposit.
First 30 eligible clients only.
Terms and trading-volume requirements apply. Trading involves risk.
More on TG: t.me/elibrianalytics
Use code 2944999 at registration, then make a qualifying deposit.
First 30 eligible clients only.
Terms and trading-volume requirements apply. Trading involves risk.
More on TG: t.me/elibrianalytics
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.