Today, the US released key inflation figures:
Core CPI m/m: 0.2% (vs 0.3% forecast)
CPI m/m: 0.3% (as expected)
CPI y/y: 2.7% (vs 2.6% forecast, up from 2.4%)
Fundamental Analysis (EURUSD):
The slightly lower Core CPI suggests some easing in underlying inflation pressures. However, the headline CPI y/y came in hotter than expected at 2.7%, reinforcing the idea that the Fed is not yet ready to ease policy aggressively.
This combination supports the US dollar, as sticky inflation could delay rate cuts.
EURUSD is likely to remain under pressure in the short term unless the ECB signals a more hawkish stance or US data starts showing broader weakness.
Now let's move on to the technical analysis of EURUSD(
EURUSD) on the 4-hour timeframe.
EURUSD is trading in a Heavy Resistance zone($1.1802-$1.1602), having simultaneously managed to break the Support lines and the lower line of the Descending Channel, and is also trying to break the Support zone($1.1642-$1.1578).
I expect EURUSD to continue its downtrend and decline to the Support zone($1.1549-$1.1520) at the first target.
Second target: $1.15043
Third target: $1.1464
Note: Stop Loss(SL)= $1.1660
Please respect each other's ideas and express them politely if you agree or disagree.
Euro/U.S. Dollar Analyze (EURUSD), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Core CPI m/m: 0.2% (vs 0.3% forecast)
CPI m/m: 0.3% (as expected)
CPI y/y: 2.7% (vs 2.6% forecast, up from 2.4%)
Fundamental Analysis (EURUSD):
The slightly lower Core CPI suggests some easing in underlying inflation pressures. However, the headline CPI y/y came in hotter than expected at 2.7%, reinforcing the idea that the Fed is not yet ready to ease policy aggressively.
This combination supports the US dollar, as sticky inflation could delay rate cuts.
EURUSD is likely to remain under pressure in the short term unless the ECB signals a more hawkish stance or US data starts showing broader weakness.
Now let's move on to the technical analysis of EURUSD(
EURUSD) on the 4-hour timeframe.EURUSD is trading in a Heavy Resistance zone($1.1802-$1.1602), having simultaneously managed to break the Support lines and the lower line of the Descending Channel, and is also trying to break the Support zone($1.1642-$1.1578).
I expect EURUSD to continue its downtrend and decline to the Support zone($1.1549-$1.1520) at the first target.
Second target: $1.15043
Third target: $1.1464
Note: Stop Loss(SL)= $1.1660
Please respect each other's ideas and express them politely if you agree or disagree.
Euro/U.S. Dollar Analyze (EURUSD), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Trade active
Trade was activated after small pullback to lines.Trade closed: stop reached
Stop Loss was touched
The impact of Trump's words touched SL. The reaction was very quick.
Whispers in the White House: Trump Eyes Powell’s Firing
Sources say Donald Trump, in a private meeting with Republican lawmakers, asked whether it’s time to fire Federal Reserve Chair Jerome Powell. Some attendees reportedly supported the idea, and Trump hinted at moving forward with the decision.
This comes as the White House’s crypto-friendly bill, backed by Trump, has stalled in Congress due to Republican opposition.
Legally, the Fed chair can only be removed for “cause.” But Trump is reportedly exploring legal options to justify the move—a step that could shake financial markets and trigger immediate legal battles.
Note
Powell's firing denied.
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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.
🎁Welcome than a 50% bonus(Low Spread)👉vtm.pro/Y3AV7r
🎁Get a 20% Discount on your trading FEE on BYBIT:👉partner.bybit.com/b/PEJMANZWIN
🎁Get a 20% Bonus & 30% Discount on LBANK exchange(NO KYC)👉lbank.one/join/uBythQd
🎁Get a 20% Discount on your trading FEE on BYBIT:👉partner.bybit.com/b/PEJMANZWIN
🎁Get a 20% Bonus & 30% Discount on LBANK exchange(NO KYC)👉lbank.one/join/uBythQd
Related publications
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.