Pair: EUR/USD
Trend Outlook: Neutral to Bullish
Current Price Range: 1.0730 – 1.0825
🔍 Technical Outlook:
The EUR/USD is hovering near a short-term support zone around 1.0730. A breakout above 1.0800 may trigger a bullish momentum toward 1.0875, while a break below 1.0700 can lead to a retest of 1.0650.
- Support Levels: 1.0730, 1.0700
- Resistance Levels: 1.0800, 1.0875
- Indicators: RSI nearing 50, MACD showing slight bullish crossover
📅 Fundamental Watch – High Impact Event:
Wednesday, May 15, 2025 – U.S. Consumer Price Index (CPI) Data Release
This is a high-impact news event that may bring volatility to USD pairs. If the CPI comes in hotter than expected, we may see EUR/USD retrace due to stronger dollar momentum.
Additionally, watch for:
- Eurozone GDP (Q1 final release, scheduled for Thursday)
- ECB member speeches – which could hint at future interest rate paths
💡 Trading Insight:
- Consider buy setups above 1.0800 if U.S. CPI is weaker than forecasted
- Be cautious around news release times — increased volatility may hit both stop-loss and take-profit orders quickly
⚠️ Disclaimer:
This content is for educational and informational purposes only and does not constitute financial advice. Trading in forex and derivatives carries a high level of risk and may not be suitable for all investors. Please ensure you fully understand the risks involved and consult with a financial advisor before making any trading decisions.
Published by: Spider Capital Investment Limited | Your trusted trading partner with No Commission, Minimum Spreads & Maximum Leverage.
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