Is it the year for EUROPE? Looks like it's a yesFirst time since March 2025, the price of EURSTOXXX has broken above the downtrend and above the Cup and Handle.
It seems like the air is clearing from the mess up from the beginning of the year with the unstable US presidency.
And now let's see how long it lasts. EURO STOCKS is showing upside to come due to a few factors like:
📉 Trade Tensions Eased
U.S.-China tariff deal lifts global risk sentiment, boosting European stocks.
🏗️ Europe’s Spending Spree
Big infrastructure plans in Germany and France are lifting industrial shares.
🏦 Banks Are Booming
Stronger earnings and rising bond yields are powering up Eurozone banks.
💶 ECB Rate Cuts Coming
Markets expect ECB to cut rates soon, making stocks more attractive.
🛍️ Luxury & Exports Rising
Luxury brands and exporters are gaining as global demand rebounds.
And of course the technicals are looking great.
Cup and Handle
Price>20 and 200MA
Target 5,818
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