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Euro / U.S. Dollar

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TheSRFx
EURUSD

Sell Around 1.14750 - 1.148


SL-1.14850


TGT-1.145/1.143/1.140


Note : Just a view. Trading is RISKY Not suitable for everyone. Trade at your own risk ⚠️
EURUSD Intraday strategy.....EURUSD.....

1.1362 to 1.1280 1.1270 1.1250......EU....in next few hours....
EURUSD
*2/2 Fundamental Analysis*

Upcoming USD Catalysts

May 8 - Fed Chair Powell Speech (18:00 GMT)

Market will scrutinize for hints about June rate decision
Hawkish tone could strengthen USD, testing EURUSD supports

May 9 - Non-Farm Payrolls (NFP) (12:30 GMT)

Consensus forecast: +185K jobs
Wage growth component crucial for inflation expectations
Strong data may push EURUSD toward 1.12658 swing low

May 12 - US CPI Inflation Data (12:30 GMT)

Core CPI expected at 3.4% YoY
Hot print could revive Fed hike expectations
Eurozone Considerations
ECB policymakers signaling potential June rate cut
German industrial production data due May 8 may show continued weakness
Political uncertainty in France creating euro headwinds

Key Levels Summary

Daily Timeframe

Support: 1.13250 → 1.12658
Resistance: 1.13890 → 1.14230
EMA 50/100/200/400: 1.13742 | 1.13988 | 1.13210 | 1.12875

4-Hour Timeframe

Support: 1.13200 → 1.12840
Resistance: 1.13720 → 1.13960
EMA 50/100/200/400: 1.13410 | 1.13720 | 1.13150 | 1.12680

Fibonacci Levels

Key retracements: 1.13250 (38.2%) | 1.13890 (50%) | 1.14530 (61.8%)
Pivot Points
Weekly: 1.13520 (PP) | 1.14250 (R2) | 1.12790 (S2)
Daily: 1.13400 (PP) | 1.13960 (R2) | 1.12840 (S2)

Conclusion

EURUSD currently trades at a technical inflection point. The confluence of daily Fibonacci levels with 4-hour EMA clusters creates multiple potential reversal zones. Traders should prepare for increased volatility around upcoming USD data releases, particularly NFP and CPI. The technical setup suggests limited upside potential until 1.13890 breaks, while downside risks remain contained above 1.12658 swing low. A neutral stance with tight risk management is advisable until clearer directional signals emerge from either technical breaks or fundamental catalysts.