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FinTech Age Awards颁发
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荣获2022年City of London Wealth Management Awards
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CFI.co于2022年颁赠
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2021年迪拜外汇博览会获颁赠
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荣获2021年City of London Wealth Management Awards
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荣获2020年City of London Wealth Management Awards
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Capital Finance International Magazine (CFI.co)颁赠
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Capital Finance International Magazine (CFI.co)颁赠
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荣获2019年City of London Wealth Management Awards
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World Finance Forex Awards 2022 颁发
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2021年埃及Smart Vision Investment Expo博览会获颁赠
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CFI.co于2021年颁赠
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荣获Global Forex Awards 2021 — 零售外汇 颁赠
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荣获2022年City of London Wealth Management Awards
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2021年迪拜外汇博览会获颁赠
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Ultimate Fintech 2021年颁赠
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Capital Finance International Magazine (CFI.co)颁赠
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荣获2019年City of London Wealth Management Awards
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Shares Magazine 授予 UK Forex Awards 2018
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Capital Finance International Magazine (CFI.co)颁赠
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2017年伦敦财富管理奖
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2014年最佳外汇科技提供商
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CFI.co于2023年颁赠
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CFI.co于2023年颁赠
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2022年迪拜Forex Expo获颁赠
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CFI.co于2022年颁赠
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CFI.co于2022年颁赠
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World Finance Forex Awards 2022 颁发
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World Finance Forex Awards 2022 颁发
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World Finance Forex Awards 2022 颁发
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World Finance Forex Awards 2022 颁发
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交易社区平台FOLLOWME于2021年颁赠
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2021年埃及Smart Vision Investment Expo博览会获颁赠
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CFI.co于2021年颁赠
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CFI.co于2021年颁赠
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荣获Global Forex Awards 2021 — 零售外汇 颁赠
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Global Forex Awards 2021 — B2B 颁赠
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Global Forex Awards颁赠
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CFI.co于2020年颁赠
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CFI.co于2020年颁赠
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荣获Global Business Awards 2020
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World Finance Magazine 颁赠
World Finance Forex Awards 2020 -
World Finance Magazine 颁赠
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Global Forex Awards颁赠
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Global Forex Awards颁赠
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FinTech Age Awards颁发
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World Finance Magazine 颁赠
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World Finance Magazine 颁赠
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荣获 Shares Magazine 的 UK Forex Awards 2017 颁赠
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2016年最佳黄金经纪商
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2016年最佳外汇经纪商
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2015年最佳本地客户服务
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Global Brands Magazine 颁赠
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荣获2022年埃及金融博览会颁赠
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2015最佳外汇交易平台
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2015最佳金融交易平台
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2013最佳创新外汇平台奖
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2020年 Cyprus HR Awards 颁赠
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COLWMA 2024年颁赠
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荣获2023年City of London Wealth Management Awards
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荣获2022年City of London Wealth Management Awards
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CFI.co于2022年颁赠
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荣获Global Forex Awards 2022 — 零售外汇 颁赠
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2021年迪拜外汇博览会获颁赠
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Ultimate Fintech 2021年颁赠
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荣获2021年City of London Wealth Management Awards
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FX168于2020年12月颁赠
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荣获Global Business Awards 2020
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荣获2020年City of London Wealth Management Awards
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Capital Finance International Magazine (CFI.co)颁赠
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Capital Finance International Magazine (CFI.co)颁赠
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荣获2019年City of London Wealth Management Awards
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Shares Magazine 授予 UK Forex Awards 2018
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Capital Finance International Magazine (CFI.co)颁赠
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Capital Finance International Magazine (CFI.co)颁赠
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2017年伦敦财富管理奖
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2016最佳本土 客户服务
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2015年最佳外汇科技提供商
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2014年最佳外汇科技提供商
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2014年最佳外汇科技提供商
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荣获 The Trading Show 2024年非洲 Africa Fintech 峰会颁赠
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荣获2024年中东地区 Brokersview 颁赠
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投查查于2024年颁赠
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Capital Finance International Magazine (CFI.co) 2024年颁赠
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CFI.co于2023年颁赠
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CFI.co于2023年颁赠
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交易社区平台FOLLOWME于2022年颁赠
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2022年迪拜Forex Expo获颁赠
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2022年迪拜Forex Expo获颁赠
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荣获Global Forex Awards 2022 — 零售外汇 颁赠
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CFI.co于2022年颁赠
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CFI.co于2022年颁赠
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World Finance Forex Awards 2022 颁发
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World Finance Forex Awards 2022 颁发
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World Finance Forex Awards 2022 颁发
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World Finance Forex Awards 2022 颁发
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2021年埃及Smart Vision Investment Expo博览会获颁赠
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荣获Global Forex Awards 2021 — 零售外汇 颁赠
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Global Forex Awards 2021 — B2B 颁赠
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荣获Global Business Awards 2020
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World Finance Magazine 颁赠
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World Finance Magazine 颁赠
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FinTech Age Awards颁发
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World Finance Magazine 颁赠
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2013最佳创新外汇平台奖
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认证最优金牌级别
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market analysis
【XM Decision Analysis】--EUR/USD Weekly Forecast: Uptrend to 1.1500 Intact
Risk Warning:
The purpose of information release is to warn investors of risks and does not constitute any investment advice. The relevant data and information are from third parties and are for reference only. Investors are requested to verify before use and assume all risks.
Hello everyone, today XM Forex will bring you "【XM Decision Analysis】--EUR/USD Weekly Forecast: Uptrend to 1.1500 Intact". I hope it will be helpful to you! The original content is as follows:
Bullish view
- Buy the EUR/USD pair and set a take-profit at 1.1500.
- Add a stop-loss at 1.1200.
- Timeline: 1-5 days.
Bearish view
- Sell the EUR/USD pair and set a take-profit at 1.1200.
- Add a stop-loss at 1.1500.
The EUR/USD pair continued its strong surge and crossed an important resistance level as concerns about the US economy continued. It has risen in the last three consecutive weeks, and is hovering at its highest level in over three years.
ECB interest rate decision and trade
The EUR/USD pair remains in a strong bull run as the market remains concerned about the US economy. There are concerns in the investment xmaccount.community about the health of the US dollar as the safe haven after Donald Trump’s unilateral tariffs.
Further, there are concerns that the US economy may be heading towards a recession. Recent data showed that consumer confidence has crashed in the past few weeks, a move that may affect spending. Consumer spending is the biggest part of the American economy.
Polymarket traders have placed a 65% chance of a recession in the US this year. Other analysts from xmaccount.companies like Citi, Bank of America, and Moody’s have also warned that a recession may happen this year.
Several Fed officials have also warned that the economy may slow this year because of Trump’s tariffs and mixed signals about tariffs.
Trump has signaled flexibility on these tariffs. Last week, he lowered levies on over 70 countries, and most recently, he exempted smartphone tariffs. Therefore, any major tariff news will impact the EUR/USD pair.
The most important catalyst for the EUR/USD pair will be the upcoming European Central Bank (ECB) interest rate decision scheduled on Thursday.
With the European facing a hostile US where it sells most of its goods, there is a likelihood that the ECB will maintain its dovish tone. Economists are pricing another 0.25% rate cut in this meeting, followed by another one in the next meeting.
EUR/USD technical analysis
The weekly chart shows that the EUR/USD pair has been in a strxmaccount.comong bullish trend after finding a bottom at 1.0182 earlier this year. It has soared and crossed the key resistance level at 1.1226, the highest swing on September 9 and July 2023.
The pair has soared above the 50-week moving average, while the Relative Strength Index (RSI) and the Percentage Price Oscillator (PPO) have pointed upward. It is also hovering at the 61.8% Fibonacci Retracement level.
Therefore, the pair may first drop and retest the support at 1.1225 and then resume the uptrend. This price action is known as a break-and-retest and is a popular continuation sign. If this happens, the pair will then soar to 1.1500.
The above content is all about "【XM Decision Analysis】--EUR/USD Weekly Forecast: Uptrend to 1.1500 Intact", which is carefully xmaccount.compiled and edited by XM Forex editor. I hope it will be helpful for your trading! Thank you for your support!
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