𝐄𝐔𝐑/𝐔𝐒𝐃

Market Overview

EURUSD pair current mein H4 timeframe par strong bullish trend ko dikha raha hai. Price action ne higher highs aur higher lows form kiye hain, jo sustained upward momentum ko indicate karta hai.

Key Levels

Immediate Support: 1.1142 - Ye level past mein strong support ka kaam kiya hai aur potential entry point ke liye retested ho sakta hai agar temporary pullback hota hai.

Strong Support: 1.1070 - Ye level deeper support zone ko represent karta hai aur potential bullish reversals ke liye significant level ho sakta hai.

Immediate Resistance: 1.1210 - Ye level resistance ka kaam kiya hai, lekin current bullish momentum ke wajah se, ye soon break ho sakta hai.

Strong Resistance: 1.1210 ke upar clear resistance level nahi hai, jo further upside ke liye potential dikha raha hai.

Indicators

RSI (14): Currently 75.75 par, RSI overbought territory mein hai, jo upward momentum ke exhaustion ko suggest karta hai. Lekin RSI extended period ke liye is level par hovering hai, jo strong bullish momentum ko indicate karta hai.

MACD (12,26,9): MACD line signal line ke upar hai, aur histogram positive hai, jo bullish trend ko confirm karta hai. Ye increasing bullish momentum ko indicate karta hai.

Order Blocks

Potential Order Block: 1.1142 - Ye level potential order block ke liye long positions ke liye kaam kar sakta hai agar price is level par retrace hota hai aur bullish reversal ke signs dikha raha hai.

Potential Order Block: 1.1210 - Ye level potential order block ke liye short positions ke liye kaam kar sakta hai agar price is level par retrace hota hai aur bearish reversal ke signs dikha raha hai.

Best Areas for Buying and Selling

Buy: Potential buy entry 1.1142 support level par consider ki ja sakti hai agar price pullback hota hai aur bullish reversal ke signs dikha raha hai.

Sell: Selling opportunities limited hain due to strong bullish trend. Lekin potential sell entry consider ki ja sakti hai agar price new resistance level par bearish engulfing pattern forma, lekin ye current bullish outlook ko invalidate karega.

Additional Considerations

EURUSD pair strong uptrend mein hai, aur traders ko long positions par focus karna chahiye proper risk management ke saath. RSI ko divergence ke signs ke liye aur MACD ko potential bearish signals ke liye monitor karna essential hai. Sath hi, order blocks ko potential trading opportunities ke liye monitor karna chahiye

Euro FOREX market ka ek bohot liquid trading instrument hai. Is liye, sirf analysis karna hi nahi, balke usay confirm bhi karna zaroori hai. Aaj Sunday hai aur iska waqt khatam hone ko hai, is liye Monday ke trading ke liye tayar hona zaroori hai. Jo log der tak jaag kar ya subah jaldi uth kar pending orders place karenge, wo euro ko market ke khulne ke baad buy kar sakenge.
Friday ko humne hourly timeframe par buy signal dekha. Jab main signal ke baare mein baat karta hoon, to meri baat exponential moving averages se hoti hai. Pehli chart par red rectangle mein maine is signal candle ko mark kiya hai. Yeh zaroori hai ke growth bina kisi pullback ke chalti rahe, matlab jese hi market khulte hai, yeh upar ki taraf continue kar sakta hai. Iss case mein, pair sirf 1 to 1 ka risk to reward ratio achieve karega. But pending orders levels 1.11477 aur/ya 1.11332 par place kiye ja sakte hain. Pehli case mein, potential ratio 1 to 2 achieve ho sakta hai, aur dusre case mein 1 to 3. Lekin hourly timeframe par is tarah ke setups ki statistics dekhte hue, zyada tar chances 1 to 1 outcome ke hote hain. Phir bhi, yeh worth try hai aur buy limit order place karna chahiye.

Daily chart par bhi hum same situation dekh rahe hain, lekin yeh puri tarah se yahan visible hai. Fibonacci grid percentage line ke tor par stretched hai, jahan signal level 50% level hai. Hamari bullish idea mein, stop 0.0% level ke peeche rakha jayega, yani 1.10979 ke mark ke peeche. Yeh zaroori hai ke spread gap ke saath ho, jo har trader ke liye vary kar sakta hai. Jaise aapne andaza lagaya hoga, target levels is line ke 100% mark par hain, ie 1.12475 ke price level par. Buying tab bhi mumkin hai jab market phir se signal level ke kareeb aati hai, lekin tab ratio 1 to 1 hoga. Aisa ratio market ke liye aam hota hai, aur 1 to 2 ya usse zyada ratios bohot kam milte hain

raha hai. Traders ko high-impact events se ek chhoti si raahat mil rahi hai, jab tak agle hafte key indicators release nahi hote. Ahem data mein Tuesday ko US Producer Price Index (PPI), Wednesday ko European Gross Domestic Product (GDP) growth, aur US Consumer Price Index (CPI) inflation shamil hain, jo market sentiment aur currency movements ko affect kar sakte hain.
Is beech, US Treasury bond yields mein kaafi izafa hua hai, jo June ke shuru se sabse zyada increase hai. Yeh izafa USD ki recovery mein madadgar sabit hua, jo Monday ko January ke baad sabse niche level par pahunch gaya tha. ECB ka Eurozone ke economic prospects par pessimistic outlook EUR/USD pair par niche ke pressure ko barqarar rakhta hai. Lekin, German macroeconomic data ne kuch resistance provide kiya hai jo further declines ko rok raha hai. EUR/USD Ka Nakshe 1.1350 Ki Ore; Resistance 1.1237 Aur 1.1269 Par August ke high ke upar 1.1204 ke qareeb ek upside move pair ko agle target 1.1350 aur shayad psychological resistance level 1.1300 ki taraf le ja sakta hai. Filhal, pair 50-day Exponential Moving Average (EMA) jo 1.1137 par hai, ke aas-paas resistance ka samna kar rahi hai. Price action abhi subdued hai, EUR/USD 9-day EMA jo 1.1169 par hai, ke just upar oscillate kar rahi hai. Halaanki recent gains ke bawajood, pair ab bhi pehle ke swing high jo 1.1250 ke qareeb hai, se niche hai. Downside momentum long-term technical averages se support ki wajah se limit lag raha hai. Isliye, buyers phir se EUR/USD ko apne range ke higher end ki taraf push karne ki koshish

EUR/USD currency pair ka mojooda price behavior yeh darshata hai ke agar price girti hai to bechna faida mand ho sakta hai, lekin agar price barhti hai to khareedari ka position lena bhi worth considering ho sakta hai. Accumulation level 1.0952 se ek clear upward rebound hai aur ek bullish signal nikal raha hai. Aham price level jo dekhna hai wo 1.1034 hai, jo protected zone ka lower boundary hai. Agar price 1.1034 tak pohnchti hai aur is level se ek bearish signal nikalta hai, jo volumes ke saath support hota hai, to EUR/USD pair ki price shayad 1.0952 ke aas paas ke accumulation zone ko retest karne ke liye wapas aa sakti hai. EUR/USD ne hafte ke liye psychological level 1.0999 ke upar close kiya hai, lekin price 9th figure ke beech se rebound hui aur upar chali gayi, jab ke positive US dollar data ke bawajood euro ki value mein kami nahi hui.
Diye gaye maloomat se yeh lagta hai ke lekhak agle hafte ke liye ek bearish trend ka tajwez dete hain. Unka andaza hai ke price 1.0749 tak gir sakti hai, jiska pehla target 1.0859 hai. Lekhak cautiously optimistic hain ke bearish trend ka activity agle hafte majidaar ho sakta hai. Unka kehna hai ke bearish sentiment mazid barhne ki umeed hai, jo market control ko shift karne mein madadgar hoga. Agla hafta bahut volatile hone ki umeed hai, jismein sab major currency pairs aur gold apni range shift karenge. Lekhak kehte hain ke is dauran trading mein bohot ehtiyaat baratni chahiye.

Filhal, Wednesday ko, sellers resistance provide kar rahe hain aur bullish buyers ko rokne ki koshish kar rahe hain. Yeh mumkin hai ke price pehle ek bearish correction dekhe, phir buyer support area 1.0970-1.0965 ke aas paas pohnche. Price range abhi 1.0940-1.0938 hai. Agar mojooda price hold nahi karti, to buyer shayad control le kar price ko seller's resistance area 1.1027-1.1030 ki taraf push kare. Iske ilawa, 1.09117 ke aas paas ek strong support level hai, jo pehle downward price movement ke bawajood hold raha hai, jo is area mein significant

EUR/USD H1 chart

EUR/USD pair jiska price movement abhi bhi Kumo cloud ke upar consistent hai, iska matlab hai ki ye bullish condition mein hai. Isliye, price upward rally ko continue karta hai jab tak ye successfully psychological level 1.1100 ko pass nahi kar leta. Agar downward correction hota hai, to price Kumo cloud ke area mein jaayega jo ab dynamic support ke roop mein kaam karta hai. Price minor RBS area 1.1085 ko bhi test kar sakta hai kyunki ye current price range ke closest hai. Lekin, jab Stochastic indicator parameters oversold zone mein level 20 - 10 par enter karte hain aur crossing hota hai, lekin price RBS area ko nahi pahunchta, to upward rally resume ho sakta hai. Lekin, downward correction phase ki possibility abhi bhi hai.




Indicator dwara chart par di gayi information ke basis par, yeh conclusions nikale ja sakte hain: hourly chart par, linear regression channel upwards directed hai, jo buyer activity ko indicate karta hai. Saath hi, H1 channel M15 ke priority hai. Agar market channel ke bottom par pahunchta hai, level 1.10746, to ye strong buyer ki presence ko signal karta hai. M15 channel regression abhi corrective movement ko indicate karta hai, jo usually bullish activity ke baad hota hai. Agar market level 1.10746 par hold karta hai, to entry point ko buy karne ki zaroorat hai. Target is case mein level 1.11578 hoga. Lekin, yeh note kiya jana chahiye ki market situation bearish trend ki taraf sharp change ho sakti hai agar active seller is level par hai jo current bullish trend ko change karne ki koshish karta hai

Good morning. Pichle hafte sellers bilkul kuch nahi kar paaye, Thursday ko ek koshish hui thi, lekin Friday ko news buyers ne poori girawat ko block kar diya. Aaj, jab se market khuli hai, woh price ko upar move karne mein kamiyab nahi hue hain, dekhte hain agar woh aage trading ke doran price ko upar le ja sakte hain. Abhi ka main target 1.12750 hai, isko achieve karne ke liye 1.12007 ke level ko break aur consolidate karna zaroori hai. Agar sales ki baat karein, to ek acchi reversal model ka intezar karna chahiye aur phir niche jaane ki koshish karni chahiye, kam se kam correction ki umeed rakhi ja sakti hai.

Pair EURUSD H4:

1- Euro ke 4-hour chart par central area ki taraf rollback shuru ho gaya hai. Agar humein naye signals chahiye growth ke liye, to humein upper band ke bahar active exit ka intezar karna chahiye, aur dekhna chahiye ke dono bands outward khulte hain ya koi reaction nahi hoti. Agar fractals ki baat karein, to price ne July 20, 2023 se nearest fractal ko upar ki taraf nahi touch kiya. Nearest fractal downwards kaafi door hai. Isliye, nayi aur nazdeek ke fractals ke formation ka intezar karna hoga taake growth aur fall ke direction mein zyada jaldi rely kiya ja sake.

2- AO indicator abhi bhi positive area mein increase bana raha hai, jo quotes ke continued growth ke signal ko jari rakhta hai. Euro ke girne ka signal paane ke liye, humein active attenuation ki zaroorat hai jo zero mark ki taraf ho.

EUR/USD pair ne Monday ko aik nayi upward movement dikhayi. Yeh kehne ki zaroorat nahi ke euro ke mazeed barhne ki koi waja nahi thi. Din bhar koi secondary reports release nahi hui, aur na hi koi noteworthy speeches hui. Haan, kuch Federal Reserve ke representatives ne U.S. mein interviews diye, lekin woh bhi pichle teen hafton se lagbhag wahi baat keh rahe hain ke central bank September mein key rate ko kam karne par ghore kar sakta hai. Is liye, agar monetary policy mein easing ke naye bayanat se dollar ki girawat hui, toh market sirf kisi formal factor ka sahara le kar dollar ko sell kar raha hai, jaise pehle bhi hota raha hai. Aur agar aisa nahi hai, toh market bina kisi waja ke U.S. currency ko sell kar raha hai. Technical nazar se dekha jaye toh upward trend abhi bhi valid hai, aur euro indefinitely barh sakta hai. Market ka sentiment clear hai - is waqt usay buy karne ke liye kisi waja ki zaroorat nahi hai. Fed Chair Jerome Powell Friday ko speech dene wale hain, aur yeh baat to tay hai ke market unki speech mein dovish hints dhoondhne ki koshish karega taake dollar ko sell kiya ja sake.

Monday ko 5-minute time frame par teen trading signals form hue. Shuru mein price ne 1.1043 level ke aas paas do sell signals generate kiye, jo din ke akhir tak 1.1048 level mein tabdeel ho gaye aur phir usay surpass kar diya. Short position se profit nahi mila kyun ke market ne pair ko thoda downward correct karne mein kamiyabi hasil nahi ki. Lekin long position profitable rahi, aur price shaam tak nearest target 1.1091 tak pohanch gayi.

**Trading Tips on Tuesday:**

EUR/USD ne aik nayi upward trend form ki hai jo ke hourly time frame mein trend line se supported hai. Hum samajhte hain ke euro ne sab bullish factors ko fully factor kar liya hai, is liye hum mazeed upward movement ki umeed nahi rakhte. Magar, market phir bhi yeh dikhata hai ke woh kisi bhi report par panic selling karke dollar ko react karne ke liye tayar hai. Aur agar koi events nahi hote, toh market dollar ko sell karne ke liye tayar hai. Is liye, expectations apni jagah, lekin current technical picture ko nazar andaz nahi karna chahiye. Price ke trendline ke neechay consolidate hone ke baad pair mein girawat dekhi ja sakti hai.

Tuesday ko, naye traders price ke trendline ke neechay consolidate hone par girawat ki umeed kar sakte hain. Is case mein, euro 1.0888 tak gir sakta hai. Warna, pair mazeed barh kar 1.1132 tak ja sakti hai

EUR/USD H4 chart

Agar eurozone PMI data, jo is week mein release hone wala hai, economy mein improvement ko confirm karta hai, to EUR/USD higher ki taraf ja sakta hai, HSBC ke mutabiq. "Agar last week US aur UK ke liye big data week tha, to yeh week eurozone ke liye big data week hai," Clyde Wardle, HSBC ke senior emerging markets FX strategist ne kaha. Eurozone PMIs, jo Thursday ko release honge, UK aur US ke saath, important honge. US dollar side of the equation bhi equally important hoga, Fed Chairman Jerome Powell ke speech par strong focus ke saath. "Powell ko widely expected hai ki wo September rate cut ka announcement karega apne appearance mein Jackson Hole Economic Policy Symposium mein Friday ko. Yields weaker hain aur US dollar falling hai week ke start mein, traders ko lagta hai ki Fed chairman continued shift in balance of risks facing US economy ko acknowledge karega, suggesting ki restrictive policy settings ab nahi appropriate hain, opening door to imminent easing decision," analysts ne kaha.

Main abhi bhi smaller channel ko dekh raha tha. Main growth ko 1.1135 tak wait kar raha tha, aur already correction bullish side mein thi. Lekin ab main dekh sakta hoon ki wo next batch of sellers ko wait kar rahe hain ki wo unhe upward le jaaye another couple of figures. 1.1278 ki breakdown generally prospects ko kholta hai growth ke liye upper limit of ascending channel on D1. Lekin is growth ke liye, kuch extraordinary hona chahiye world mein. Uptrend force mein hai, lekin mere opinion mein, critical barrier daily chart of EURUSD par 1.1108 (stop reversal 7/8) se, jahan se last time, December 27 last year, humne downward turn receive kiya tha. Main doubt karta hoon ki is resistance ko break karne ke liye possible hoga, so main 1.1108 par reversal aur decline back to current support 1.0986 (rotation reversal 6/8) ko expect karta hoon, chart mein dikha gaya hai

Assalamu Alaikum Dosto!

EURUSD Forecast & Predictions

EURUSD Forex market mein ek major aur zyada trade hone wala currency pair hai. Traders iski future price ka andaza sirf trading maqasid ke liye hi nahi lagate, balki EU aur US ke economic conditions ko jaanchne ke liye bhi is par nazar rakhte hain, aur saath hi global market sentiment ko bhi samajhne ki koshish karte hain.

Yeh pair bohot zyada trade hota hai, lekin long-term investment perspective se iski exchange rate ka andaaza lagana mushkil ho sakta hai. EURUSD exchange rate ka movement interest rate differentials, inflation, unemployment rates, trade, aur capital flows se mutasir hota hai. Saath hi, pricing par unforeseen event risks aur market sentiment changes ka bhi asar hota hai. Aayiye, EURUSD exchange rate ka tajziya karte hain.

Key Points

• EURUSD ke expected hai ke yeh short term mein 1.0981–1.0601 ki boundaries mein flat trade karega.
• Medium term mein, yeh pair flat ke lower boundary 1.0601 tak pahunch jayega. Agar yeh asset is boundary ko breach karta hai, to price nayi downtrend mein trade karegi, jiska main target October 2023 ka low 1.0448 hoga.
• 2024 ke dusre half mein, EURUSD quotes US Fed ke September mein interest rate decision aur market response par depend karega. US presidential election November 2024 mein bhi rate par significant asar daal sakta hai. Election ka natija aur iska pair par asar predict karna mushkil hai.
• Analysts ke predictions 2025 ke liye mixed hain. Kuch experts yeh anticipate karte hain ke euro 2024 ke same ranges mein trade karega, jabke doosre suggest karte hain ke pair 1.2100 aur usse zyada tak barh sakta hai.
• Long-term forecasts mein negative aur positive scenarios dono samne aate hain. Negative scenario kehte hain ke pair 1.0000 se neeche gir sakta hai aur 2027 ke end tak 0.9960 tak pahunch sakta hai.
• Positive scenario yeh imply karta hai ke EURUSD steady growth karega, lekin ismein smooth corrections bhi hoti rahengi agle kuch saalon mein. 2027 ke end tak, pair ki value 1.3862 tak pahunch sakti hai agar halaat favorable rahein.
• General tendencies yeh suggest karti hain ke currency pair market instability aur tense geopolitical climate ke dauran decrease karta hai. Lekin, iski high liquidity EURUSD pair ko speculation ke liye perfect tool banati hai.
• EURUSD: technical analysis ke mutabiq, euro ne Target Zone 3, 1.1121 - 1.1105 ko pierce kiya hai. Medium-term uptrend mein agla bullish target Target Zone 4, 1.1289 - 1.1273 hai.

EURUSD ki Characteristic Features

EURUSD ek major currency pair hai Forex par, jo apni high liquidity ke liye jaana jata hai. Yeh koi hairat ki baat nahi hai kyunke ismein duniya ki do badi reserve currencies shamil hain. Zyada Forex trades EURUSD mein ki jati hain, jo total volume ka kareeb 20% hoti hain.

EURUSD rate ek indicator ke tor par kaam karta hai jo US aur EU economies ka muqabla karta hai. Agar US economy steady growth dikhati hai aur EU mein problems samne aati hain, to EURUSD rate drop kar sakta hai. Iske baraks, agar America ka growth rate decline karta hai aur eurozone thrive karta hai, to EURUSD increase karega.

EURUSD ki kuch key features:

• Trading hours on Forex. EURUSD pair ko Monday se Friday tak lagatar trade kiya jata hai, jisme European aur American sessions ke dauran trading volumes aur rate movements sabse significant hoti hain.
• Volatility. EURUSD pair medium volatility ke liye jaana jata hai. Important news releases ke dauran asset 100 pips aur usse zyada move kar sakta hai. Exchange rate performance analysis yeh dikhata hai ke average daily EURUSD volatility kareeb 80 pips hoti hai.
• Spread EURUSD pair ka ek major advantage hai. Iski highest liquidity ki wajah se, EURUSD spread sabse low hoti hai. Typically, yeh popular ECN accounts par ek pip se zyada nahi hoti.

US Dollar in 2024: Growth Attempts Ahead of the US Election

2024 ke aaghaz mein US currency ke liye halaat favorable the. Fed ka high interest rate 5.50% ne major banks aur hedge funds se investments attract kiye. Ek stable domestic political situation aur oil prices $70 per barrel se zyada rehne ki wajah se Q1 2024 mein US GDP growth 1.4% tak pohunch gayi, jo ke analysts ke forecast 1.3% se zyada thi.

Mulki COVID-19 pandemic se recovery economic stimulus measures ki wajah se hui jo Joe Biden ne implement kiye the. Consumer spending steady raha, jo economic growth ko mazid barhawa diya. Log goods aur services par paisa kharch karte rahe, jo economic recovery mein madadgar raha. January 2024 tak unemployment rate 3.7% tak gir gayi, jo economy par positive asar daal rahi thi. Job recovery continued rahi aur isne consumer spending ko support kiya.

Inflation control mein rahi, jisne US Fed ko monetary policy mein halki si asani dene ki ijaazat di, halan ke interest rates high rahe. Government support programs jo pandemic ke dauran introduce kiye gaye, jaise ke small businesses ke liye support aur direct payments to citizens, economy par positive asar daalte rahe.

Lekin, summer 2024 tak unemployment barh gayi aur yeh 4.1% tak pohunch gayi, jo saal ke aaghaz se 0.4% ka izafa tha. US national debt $35 trillion ke mark se zyada ho gaya.

Bloomberg Economics ne US debt outlook par ek million simulations conduct kiye hain. Unmein se 88% yeh dikhate hain ke borrowing ek unsustainable path par hai. Congressional Budget Office apni predictions mein warn karta hai ke US public debt pichle saal ke GDP ka 97% se barh kar 2034 tak 116% tak pohunch sakta hai. Actual prospects mazeed bure hone ke chances hain. Foreign debt problem naye US president ke liye ek bara issue banegi.

US dollar depreciation May se June 2024 tak dekhi gayi, jo zyada tar incumbent President Joe Biden ke election race se unexpected withdrawal ki wajah se hui. Kamala Harris Democratic Party ko election mein represent karegi. Woh fall 2024 mein former President Donald Trump ke sath debates aur elections ka samna karegi. Markets ab tak is information ko process kar rahe hain, aur US dollar ek narrow range mein trade kar raha hai.

General forecast ke mutabiq, US currency ke liye 2024 ke end tak do main scenarios banaye ja sakte hain depending on the outcome of the US presidential election. Ek scenario Democratic Party candidate ke jeetne ka hai aur doosra Republican representative ke jeetne ka.

Agar Democratic Party candidate jeet ta hai, to US dollar ke likely hai ke woh strengthen karega. US dollar appreciation ka global trend 2021 mein start hua tha, aur ab asset ek upward cycle mein trade kar raha hai. Current economic aur fiscal policy ke continue rehne ke chances hain, aur US Fed monetary policy ko ease karne ka soch sakta hai.

Agar Republican candidate jeet ta hai, to US dollar short-term volatility ka samna kar sakta hai due to the uncertainty related to economic policy change. Depending on the new president's policies, US dollar ya to strengthen karega ya phir weaken ho sakta hai.

Economists ke opinions Donald Trump ke possible victory par mixed hain. Capital Economics yeh believe karta hai ke Trump ke jeetne se economy aur stock market par negative asar ho sakta hai. Company warn karti hai ke Trump ki policies on tariffs aur immigration se slower economic growth aur higher inflation ho sakti hai. The Economist Trump ke possible victory ko 2024 mein global economy ke liye ek bara threat keh raha hai. Yeh note karta hai ke uski policies significant uncertainty aur instability create kar sakti hain. Lekin, UBS economists predict karte hain ke kuch industries Republican victory se benefit kar sakti hain.

Isliye, 2024 ke end tak US currency ka future uncertain hai. Technical analysis ke mutabiq, US dollar ek global uptrend mein trade kar raha hai. Lekin, agar opposition candidate jeet ta hai, to yeh trend reverse ho sakta hai.

The Euro in 2024: Continued Downward Trend

2024 ka aaghaz euro ke US dollar ke against losses ke saath hua. January aur March se April tak price chart par EURUSD decline ke do distinct waves dekhi ja sakti hain.

Euro depreciation ka sabab slow economic development tha late 2023 aur early 2024 mein due to the ECB's high interest rate aur inflation. January 2024 mein, rate 4.50% tha, jo bloc ki economy ke grow karne ke liye bohot high tha.

EU bloc ki economy multiple member economies par mabni hoti hai. German economy EU mein ek important role ada karti hai. COVID-19 se slow recovery, worsening geopolitical problems in 2022, aur energy crisis ki wajah se, German economy ne Q1 2024 mein negative GDP register kiya. Germany ka GDP is period mein -0.2% tha. Saath hi, kuch countries, jaise ke Ireland aur France, ne zyada GDP growth dikhai, jo eurozone GDP par asar daali. Eurozone GDP Q1 ke liye 0.4% thi.

Q2 2024 mein, German GDP (preliminary data) phir se negative tha aur yeh -0.1% tha forecast 0.0% ke mukable. Is tarah, kuch countries solid growth nahi hasil kar payi, jo eurozone GDP aur single European currency ke exchange rate par negative asar daal rahi thi.

High inflation ECB ke liye ek aur problem hai. Official sources ke mutabiq, June 2024 mein (preliminary data) EU mein inflation year-over-year 2.5% tak pohunch gayi, jo Central Bank ke target 2.0% se zyada hai.

Isliye, ECB do extremes ke darmiyan balance kar raha hai: high inflation aur low economic growth. ECB interest rate ko high level par nahi rakh sakta kyunke is case mein economic growth slow ho jayegi. Saath hi, rate ko sharply cut bhi nahi kiya ja sakta. Warna, inflation ka ek naya spike hoga. In problems ke ilawa, wahan 6.4% unemployment rate bhi hai jo ke US ke 4.1% ke muqable mein zyada hai.

Economic perspective se, US dollar purchases ke liye euro se zyada attractive hai. Europe abhi tak low GDP growth rates, high inflation, aur labor sector mein problems se suffer kar raha hai. Saath hi, US uncontrolled foreign debt ke growth aur aane wale presidential elections ka samna kar raha hai.

Agar EU government current economic problems ko overcome karne mein kamyab ho jati hai aur bina zyada nuqsan ke labor sector ko economic development ka rasta de sakti hai, to euro ke paas strengthen hone ka chance hoga. Warna, agar current situation aise hi rehti hai aur economic problems mazeed barhti hain, to 2021 se shuru hui global downtrend ke continue rehne ke chances hain, aur euro naye lows tak pohunch sakta hai.

Euro/dollar weekly price forecast

Euro ne pichle hafte apna medium-term uptrend maintain rakha. Iske natije mein, price ne Target Zone 3, 1.1121 - 1.1105 ko breach kiya. Agla bullish target Target Zone 4, 1.1289 - 1.1273 hai.

Agar is hafte correction develop hoti hai, to price support (A) 1.1032 - 1.1016 tak gir sakti hai. Jab asset is zone ko test kare, to long trades consider karein with the target at last week's high.

Trend's boundary 1.0948 - 1.0923 tak shift ho rahi hai. Agar price correction ke dauran is zone tak pohunchti hai, to long trades consider karein.

EURUSD Technical Analysis

Daily chart dikhata hai ke EURUSD March 2024 se flat trade kar raha hai. Instrument channel ki upper boundary 1.0985 aur lower boundary 1.0603 ko breach nahi kar sakta. Agle maheene ke liye, upper boundary par long trades consider karein aur lower boundary par short trades.



Jab price upper boundary ko breach karegi, to pair ek uptrend form karega aur December 2023 ke high near 1.1138 tak pahunch jayega. Agar pair lower boundary ko upper side se breach karta hai, to ek downtrend emerge hoga, aur price October 2023 ke low 1.0446 tak pahunch jayegi.

Moving averages EMA21 aur EMA190 kisi distinct direction ko nahi dikhate aur is waqt market ke flat structure ko confirm karte hain.

Jab indicator mid-July mein overbought zone mein pohuncha, EURUSD price decline hui. Bearish target shayad lower boundary 1.0668–1.0603 ke range mein ho.

RSI neutral zone mein hai aur selling ya buying opportunities indicate nahi kar raha. Agar channel ka lower boundary reach hota hai, aur RSI oversold zone mein enter karta hai, to long trades consider ki ja sakti hain. Is case mein, bullish target upper boundary 1.0983–1.0917 ke range mein hoga.

EUR/USD pair ka above 200-day Exponential Moving Average (EMA), jo currently positioned hai at 1.0826. 200-day EMA ek crucial benchmark hai traders aur analysts ke liye, jo serve karta hai as a dividing line between long-term bullish aur bearish trends. Is level ko surpass karna ek strong bullish signal hai, jo suggest karta hai ke EUR/USD pair ek phase of powerful short-term upward momentum mein enter ho raha hai. 200-day EMA ke upar movement reflect karta hai ek shift in market sentiment, attracting traders eager to engage with the bullish trend.
Relative Strength Index (RSI) ek essential tool hai EUR/USD pair ki momentum ko evaluate karne ke liye. Currently, RSI hover kar raha hai around 60, indicating ke pair overbought territory mein nahi hai. Yeh suggest karta hai ke bullish trend abhi extend hone ka potential hai without an imminent risk of reversal. Ek RSI reading near 60 strong buying momentum ko signal karta hai, jo traders ke liye confidence instill karta hai about the continuation of the upward trend.
Volume analysis further support karta hai bullish outlook ko EUR/USD pair ke liye. Recent trading volumes rise hui hain during the upward movement, signaling strong market participation aur backing for the current trend. Higher trading volumes often precede significant price movements, lending credibility to the overall bullish trend. Yeh solid foundation of market participation bullish signals ke reliability ko enhance karta hai.
Lagta hai ke bearish correction movement aage bhi 1.0892 par RBS area ko retest karne ki koshish karegi aur phir 1.0869 tak ke agle RBS level tak pohnchne ki umeed hai. 1.0862-1.0892 ke RBS levels se bullish price action ko bullish trend ko continue karne ke liye ek achha foothold banaya ja sakta hai. Is price level range par pending buy limit orders rakhi ja sakti hain, jiska target tp1 1.0950 tak supply area ko reach karna hai aur tp2 ko is haftay ke highest price limit 1.1008 tak test karna hai. Buying plan ke liye risk loss limit ma200 (blue) movement limit ke neeche 1.0820 ke aas-paas rakha ja sakta hai. Sales plan ke liye do options hain: ek short-term cell entry jo bearish correction movement ke continuation ke sath supply area 1.0950 par bullish rejection ka intezar karega. Long-term sales plan tab consider kiya ja sakta hai jab trend bearish phase mein enter kare, jaise ke ma200 (blue) movement limit ke neeche 1.0777 tak girawat dekhne ko mile. Lekin, seller ko pehle 1.0900 ke support ko solid breakout ke sath penetrate karna hoga, warna bullish rejection is bearish scenario ko later thwart kar sakti hai. Instant sell open karna abhi risky lagta hai, kyun ke 1.0900 ke aas-paas fakeout ho sakta hai jo bullish movement ko drive kar sakta hai.
Ab market apna focus Jerome Powell ke Jackson Hole Symposium mein aane wale speech par kar raha hai. Investors yeh dekhne ke liye baychain hain ke Powell ka Fed ki future monetary policy par kya viewpoint hoga, aur agar dovish tone rakhi gayi toh yeh euro ko mazeed strong kar sakti hai.

Is baat ko madde nazar rakhtay hue, chaliye EUR/USD pair ke technical parameters par nazar dalte hain aur dekhte hain ke yeh pair apne yearly highs se upar kis tarah continue kar sakta hai.

EUR/USD, Euro aur United States Dollar ka aik currency pair hai. Forex market mein yeh pair sabse ziada traded aur liquid pair hai, isliye isko "Fiber" ke naam se bhi jana jata hai. Yeh pair European Union aur United States ki economic health ko reflect karta hai aur iski qeemat bohot se economic factors, monetary policies, aur geopolitical events se influenced hoti hai. EUR/USD ka analysis traders ke liye bohot important hai kyun ke yeh pair forex market ka aik major indicator mana jata hai.
Euro, yaani EUR, European Union ka official currency hai aur yeh duniya ki sabse badi economies mein se ek ka representative hai. European Central Bank (ECB) ki monetary policies, jaise ke interest rates aur quantitative easing, Euro ki value par baray asar dalti hain. Iske ilawa, European Union ke member states ki economic indicators, jaise ke Germany, France, aur Italy ki GDP growth, inflation rate, aur political stability bhi EUR/USD ki qeemat ko influence karte hain.
United States Dollar, yaani USD, duniya ki sabse powerful aur stable currency hai. Yeh global trade aur finance ka center hai aur US economy ki strength ka representative hai. USD ki value par US Federal Reserve (Fed) ki monetary policies, jaise ke interest rates, inflation control measures, aur economic indicators, jaise GDP growth, employment data, aur consumer confidence ka seedha asar hota hai. Global market trends aur risk sentiment bhi USD ki value ko influence karte hain.
EUR/USD ki qeemat par bohot se international factors ka asar hota hai. Agar European economy strong hai aur ECB interest rates barha raha hai, to Euro ki demand barh jati hai, jo EUR/USD ki qeemat ko upar le ja sakti hai. Waisi hi, agar US economy strong ho rahi hai aur Fed interest rates ko barha raha hai, to USD ki value barh sakti hai, jo EUR/USD ko neeche la sakti hai. Geopolitical tensions, trade policies, aur global financial market trends bhi is pair ki qeemat ko significantly influence karte hain.

Market Overview
EURUSD pair current mein H4 timeframe par strong bullish trend ko dikha raha hai. Price action ne higher highs aur higher lows form kiye hain, jo sustained upward momentum ko indicate karta hai.

Key Levels

Immediate Support: 1.1142 - Ye level past mein strong support ka kaam kiya hai aur potential entry point ke liye retested ho sakta hai agar temporary pullback hota hai.

Strong Support: 1.1070 - Ye level deeper support zone ko represent karta hai aur potential bullish reversals ke liye significant level ho sakta hai.

Immediate Resistance: 1.1210 - Ye level resistance ka kaam kiya hai, lekin current bullish momentum ke wajah se, ye soon break ho sakta hai.

Strong Resistance: 1.1210 ke upar clear resistance level nahi hai, jo further upside ke liye potential dikha raha hai.

Indicators

RSI (14): Currently 75.75 par, RSI overbought territory mein hai, jo upward momentum ke exhaustion ko suggest karta hai. Lekin RSI extended period ke liye is level par hovering hai, jo strong bullish momentum ko indicate karta hai.

MACD (12,26,9): MACD line signal line ke upar hai, aur histogram positive hai, jo bullish trend ko confirm karta hai. Ye increasing bullish momentum ko indicate karta hai.

Order Blocks

Potential Order Block: 1.1142 - Ye level potential order block ke liye long positions ke liye kaam kar sakta hai agar price is level par retrace hota hai aur bullish reversal ke signs dikha raha hai.

Potential Order Block: 1.1210 - Ye level potential order block ke liye short positions ke liye kaam kar sakta hai agar price is level par retrace hota hai aur bearish reversal ke signs dikha raha hai.

Best Areas for Buying and Selling

Buy: Potential buy entry 1.1142 support level par consider ki ja sakti hai agar price pullback hota hai aur bullish reversal ke signs dikha raha hai.

Sell: Selling opportunities limited hain due to strong bullish trend. Lekin potential sell entry consider ki ja sakti hai agar price new resistance level par bearish engulfing pattern forma, lekin ye current bullish outlook ko invalidate karega.

Additional Considerations

EURUSD pair strong uptrend mein hai, aur traders ko long positions par focus karna chahiye proper risk management ke saath. RSI ko divergence ke signs ke liye aur MACD ko potential bearish signals ke liye monitor karna essential hai. Sath hi, order blocks ko potential trading opportunities ke liye monitor karna chahiye

EUR/USD pair ne Monday ko aik nayi upward movement dikhayi. Yeh kehne ki zaroorat nahi ke euro ke mazeed barhne ki koi waja nahi thi. Din bhar koi secondary reports release nahi hui, aur na hi koi noteworthy speeches hui. Haan, kuch Federal Reserve ke representatives ne US mein interviews diye, lekin woh bhi pichle teen hafton se lagbhag wahi baat keh rahe hain ke central bank September mein key rate ko kam karne par ghore kar sakta hai. Is liye, agar monetary policy mein easing ke naye bayanat se dollar ki girawat hui, toh market sirf kisi formal factor ka sahara le kar dollar ko sell kar raha hai, jaise pehle bhi hota raha hai. Aur agar aisa nahi hai, toh market bina kisi waja ke US currency ko sell kar raha hai. Technical nazar se dekha jaye toh upward trend abhi bhi valid hai, aur euro indefinitely barh sakta hai. Market ka sentiment clear hai - is waqt usay buy karne ke liye kisi waja ki zaroorat nahi hai. Fed Chair Jerome Powell Friday ko speech dene wale hain, aur yeh baat to tay hai ke market unki speech mein dovish hints dhoondhne ki koshish karega taake dollar ko sell kiya ja sake.

Monday ko 5-minute time frame par teen trading signals form hue. Shuru mein price ne 1.1043 level ke aas paas do sell signals generate kiye, jo din ke akhir tak 1.1048 level mein tabdeel ho gaye aur phir usay surpass kar diya. Short position se profit nahi mila kyun ke market ne pair ko thoda downward correct karne mein kamiyabi hasil nahi ki. Lekin long position profitable rahi, aur price shaam tak nearest target 1.1091 tak pohanch gayigayi

200-day Exponential Moving Average (EMA), jo currently positioned hai at 1.0826. 200-day EMA ek crucial benchmark hai traders aur analysts ke liye, jo serve karta hai as a dividing line between long-term bullish aur bearish trends. Is level ko surpass karna ek strong bullish signal hai, jo suggest karta hai ke EUR/USD pair ek phase of powerful short-term upward momentum mein enter ho raha hai. 200-day EMA ke upar movement reflect karta hai ek shift in market sentiment, attracting traders eager to engage with the bullish trend. Relative Strength Index (RSI) ek essential tool hai EUR/USD pair ki momentum ko evaluate karne ke liye. Currently, RSI hover kar raha hai around 60, indicating ke pair overbought territory mein nahi hai. Yeh suggest karta hai ke bullish trend abhi extend hone ka potential hai without an imminent risk of reversal. Ek RSI reading near 60 strong buying momentum ko signal karta hai, jo traders ke liye confidence instill karta hai about the continuation of the upward trend.
Volume analysis further support karta hai bullish outlook ko EUR/USD pair ke liye. Recent trading volumes rose sharply during the upward movement, signaling strong market participation and backing for the current trend. Higher trading volumes often precede significant price movements, lending credibility to the overall bullish trend. Yeh solid foundation of market participation bullish signals ke reliability ko enhance karta hai.
Lagta hai ke bearish correction movement aage bhi 1.0892 par RBS area ko retest karne ki koshish karegi aur phir 1.0869 tak ke agle RBS level tak pohnchne ki umeed hai. 1.0862-1.0892 ke RBS levels se bullish price action ko bullish trend ko continue karne ke liye ek achha foothold banaya ja sakta hai. Is price level range par pending buy limit orders rakhi ja sakti hain, jiska target tp1 1.0950 tak supply area ko reach karna hai aur tp2 ko is haftay ke highest price limit 1.1008 tak test karna hai. Buying plan ke liye risk loss limit ma200 (blue) movement limit ke neeche 1.0820 ke aas-paas rakha ja sakta hai. Sales plan ke liye do options hain: ek short-term cell entry jo bearish correction movement ke continuation ke sath supply area 1.0950 par bullish rejection ka intezar karega. Long-term sales plan tab consider kiy

Investors Federal Reserve Chair Jerome Powell ki upcoming address par keenly focused hain Jackson Hole Symposium mein Friday ko, jo U.S. central bank ki future monetary policy direction ke liye crucial insights provide kar sakta hai. Yeh anticipation ne markets mein cautious optimism ka sense create kiya hai, especially EUR/USD currency pair ke baare mein.

EUR/USD pair currently Wednesday ke same range mein trade kar raha hai, stability maintain karte hue Powell ki speech par heightened attention ke baad. Notably, pair apni year-to-date high 1.1775 ke qareeb hover kar raha hai, jo euro ki dollar ke khilaf significant appreciation ko reflect karta hai.

Yeh level traders aur analysts ke liye focal point ban gaya hai, jo closely monitor kar rahe hain ki euro apni recent gains ko extend kar sakta hai ya nahi.

Guzeel char dinon mein, EUR/USD pair winning streak par hai, confluence of factors ki wajah se. Pehle, eurozone ki economic outlook mein improvement ke signs dikha rahe hain, key indicators global uncertainties ke baad bhi resilience ko point kar rahe hain. Yeh euro mein confidence ko bolster kar raha hai, investors mein demand ko increase kar raha hai.

Doosre, U.S. dollar ko mixed economic data aur U.S. economic recovery ki sustainability ke concerns ki wajah se downward pressure ka saamna hai. Federal Reserve ne economy ko support karne ka signal diya hai, lekin potential tapering ke timing aur scale ke baare mein abhi bhi sawal hain. Yeh uncertainty ne dollar ki relative weakness mein contribute kiya hai, euro ko additional boost provide kiya hai.

Powell ki speech ke approach, market likely remain within trading range mein hai, significant volatility ke potential ke saath remarks ki tone aur content par depend karta hai. Agar Powell dovish stance ki hint dete hain, EUR/USD pair ko upward momentum dekhne ko mil sakta hai, potentially 1.1775 level ko break karne ke liye. Conversely, hawkish tone euro ki rally ko halt kar sakta hai aur pullback ko lead kar sakta hai.

Summary mein, EUR/USD pair ki near-term trajectory Powell ki address se heavily influence hogi, traders aur investors ke liye critical event ban gaya hai