EURUSD: Buy or Sell?
Dear friends!
The EURUSD pair weakened near 1.0425 in late US trading on Wednesday. Concerns about tariffs from US President Donald Trump and geopolitical tensions provided some support for the US Dollar.
On the chart, EURUSD has been under pressure and is trading around the key support zone at 1.0400. Technically, a breakout would result in a bearish bias, while a sustained breakout would continue to the upside. In the short term, EURUSD is likely to remain caught between trade headlines, divergent central bank policies, sluggish eurozone growth, and political uncertainty—especially in Germany. Until there is more clarity on trade and firmer policy guidance from the Fed and ECB, the outlook for the euro is likely to remain ambiguous.
What about you, do you think EURUSD will rise or fall in the near term?
The EURUSD pair weakened near 1.0425 in late US trading on Wednesday. Concerns about tariffs from US President Donald Trump and geopolitical tensions provided some support for the US Dollar.
On the chart, EURUSD has been under pressure and is trading around the key support zone at 1.0400. Technically, a breakout would result in a bearish bias, while a sustained breakout would continue to the upside. In the short term, EURUSD is likely to remain caught between trade headlines, divergent central bank policies, sluggish eurozone growth, and political uncertainty—especially in Germany. Until there is more clarity on trade and firmer policy guidance from the Fed and ECB, the outlook for the euro is likely to remain ambiguous.
What about you, do you think EURUSD will rise or fall in the near term?
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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.
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.