EURUSD - 1 May, wait for sell signal following main trend today

1 Mei

EURUSD trend forecast MAY 1 , 2025


💬The EUR/USD pair staged a modest rebound on Thursday, recovering early session losses after dipping toward the 1.1285 region and stabilizing around 1.1330 during European trading hours. The shared currency finds support as the US Dollar Index (DXY) — a gauge of the Greenback's strength against a basket of six major currencies — struggles to sustain its recent two-day rebound and remains capped below the key psychological barrier at 100.00.

Sentiment toward the US Dollar remains subdued amid a trifecta of economic concerns: a surprise contraction in first-quarter US GDP, a slowdown in job creation, and lingering uncertainty surrounding US-China trade relations. These factors have collectively dimmed the outlook for the Greenback and provided a tailwind for the euro, as market participants reassess expectations for future Federal Reserve policy moves in light of weakening economic momentum.

💬 DXY is showing signs of recovery after the US-Ukraine mineral agreement was officially signed. Leading to the weakening of EURUSD, the price is still under selling pressure today.

🥇///SELL EURUSD: zone 1.13400 - 1.13550

SL: 1.13900

TP: 40 - 60 - 100pips ( 1.12550 )


Safe and profitable trading

1 Mei

Dagangan aktif

+ 45 pips, amazing signal SELL EURUSD ( 1.13400 - 1.13550 )