eur/usd

EUR/USD currency pair ne Friday ke New York session ke doran ek notable recovery experience ki, recent decline se sharply bounce back karte hue jo isay ek din pehle 1.0870 ke seven-week high ke kareeb le aaya tha. Pair ko support mila jab US Dollar (USD) mein corrections dekhne ko mile, jo upcoming US core Personal Consumption Expenditures (PCE) Price Index data ke liye uncertainty ke dauran hua. Yeh data release June ke inflation trends par roshni dalega, jo future Federal Reserve (Fed) policy decisions ko influence karega.


1. Critical resistance level 106.10 ko breach karne ki koshish mein resistance ka samna karna pada, jo key economic data releases ke pehle market hesitancy ko reflect karta hai. Notably, agar inflation figures expectations se softer hue, toh yeh earlier Fed rate cuts ke expectations ko sway kar sakte hain, jo typically USD par downward pressure exert karta hai.
2. Conversely, agar robust economic indicators aaye, toh yeh Fed stance ko zyada restrained reinforce kar sakta hai.

Market consensus filhal yeh hai ke Fed interest rate reductions September ke as early as commence kar sakti hai, aur further cuts later in the year anticipate kar rahe hain. Yeh cautious optimism broader concerns ko underscore karta hai potential policy divergences ke beech Fed aur European Central Bank (ECB) ke. Aise divergences ko investors closely monitor karte hain, jo major currency pairs jaise EUR/USD ke relative strengths ko impact karte hain.
Pair ko immediate technical challenges ka samna hai. Key resistance levels mein shamil hain 14-day Exponential Moving Average (EMA) at 1.0855 aur recent range ke upper boundary ke kareeb 1.0870. Agar yeh levels decisively breakout ho jaye, toh further upside ke liye rasta khul sakta hai descending channel ke upper boundary ke aas paas 1.0880, jo potentially psychological barrier at 1.0900 ko target kar sakta hai.

USD par pressure dal raha hai, woh United States se aane wala recent labor market data hai. Higher-than-expected payroll numbers ne softening labor demand ke hawalay se pareshaniyon ko kam kar diya hai, jo ke recent employment indicators se paida hui thi. April ke liye JOLTS Job Openings data aur May ke liye ADP Employment Change dono ne expectations se kum perform kiya, jabke 31 May tak ke week ke Initial Jobless Claims ne estimates ko exceed kar diya, jo ke labor market mein thodi cooling dikhata hai.
Is labor data ne investors ko apni expectations reconsider karne par majboor kar diya hai ke Federal Reserve (Fed) September mein rate cut karega. Iske natije mein US Treasury bond yields elevated rahein. Persistent high yields aur equity markets mein cautious sentiment ne safe-haven US Dollar (USD) ko mazid support diya, jo ke EUR/USD pair par downward pressure dal raha hai.
EUR/USD ek descending triangle mein trade kar raha tha pehle ke rising dikhaye, jo ke is chart pattern ke height ke barabar ek rise dikhata hai. Price pichle resistance level par gir gayi, jo ab support ke tor par kaam kar raha hai. Fibonacci Extension tool ke mutabiq following upside targets hain, aur pair ne 38.2% stretch ka tajurba kiya second psychological level 1.0750 par. Mazid bullish momentum ise 50% Fibonacci level 1.0762 tak ya 61.8% Fibonacci level tak push kar sakta hai, jo swing high 1.0775 ke saath coincide karta hai. 76.4% level 1.0790 par hai, aur full extension 1.0815 par hai.
Overall, 100 SMA abhi 200 SMA ke oopar cross hua hai, jo confirm karta hai ke rally strengthened hai na ke falling. Moving averages bhi triangle ke broken tip ke saath aligned hain, jo support ko mazid taqat deta hai. Magar, Stochastic Oscillator overbought region se neechay move kar raha hai, jo buyer fatigue aur possible selling pressure return ko dikhata hai. Oscillator ke paas abhi bhi neechay move karne ki kafi gunjaish hai seller fatigue reflect karne se pehle. Dusri taraf, RSI ke paas abhi bhi upar move karne ki gunjaish hai overbought region tak pohanchne se pehle, jo buyer fatigue ko dikhata hai aur rally ko jaari rehne ka ishara deta hai.
Is haftay ke aakhir mein, US non-farm payrolls report release hogi, jo June mein weak employment show karne ki tawakku hai. Agar aisa hota hai, tou dollar mazeed kamzor ho sakta hai jab traders dobara federal government se monetary policy ko ease karne ki demand karte hain. Weak fundamental data, jaise ke labor force participation rate aur average hourly earnings bhi dollar ki direction ko affect kar sakte hain.
EUR/USD pair ke liye mufeed outlook ko tasdeeq karega aur pair ko agle relevant resistance tak le ja sakta hai, jo ke 1.0960-1.0965 area ke qareeb hai. Momentum March peak, yani 1.0880 area ke paar ja sakta hai, jisse spot prices ko pehli baar January se pehle 1.1000 psychological mark tak pohnchne ka mauqa mil sakta hai, European Central Bank (ECB) meeting ke qareeb jaate hue.
Dusra mudda ye hai ke kisi bhi maayne dar dip ke doran zahir ho sakta hai ke neeche ki taraf naye buyers attract ho jayenge, jo ke descending trend-line resistance breakpoint ke qareeb, 1.0870-1.0865 area mein honge. Yeh EUR/USD pair ke liye downside ko qareeb 1.0800 confluence support tak seemit karne mein madadgar sabit ho sakta hai. Is ke baad, support 1.0755-1.0750 horizontal zone ke qareeb hai, jise agar toota jaaye to spot prices ko 1.0700 mark se neeche le ja sakta hai, June swing low, yani 1.0665 area ke taraf.

purani posts milin jin ka date July 5 tha, aur aaj humaray paas ninth hai. Toh maine socha ke daily chart pe situation ko wave technique se dekha jaye: MA100 parallel to floor space mein kaam kar rahi hai - jo ke week ke dauran flat mood ka signal hai. MA18 ne ek waqt mein bearish mood dikhaya: yeh thirty degrees ke trend angle pe niche ki taraf move kar rahi thi. MA100 ko top se bottom cross kiya, aur ek dead cross banaya - jo ke sell signal hai. Lekin pichle haftay ke bulls ke asar ke neechay, jab woh vertical ascending channel mein north ki taraf move kar rahe thay. Aur yeh light moving average bhi floor ke parallel space mein kaam kar rahi hai. Sab candles moving averages, guiding averages, aur local Nichimoku cloud ke upar space mein ban rahi hain. Yeh iska matlab hai ke humara mood bullish rehta hai. Nichimoku cloud is currently bullish rangon mein hai. Forecasting ke point of view se, Kumo bears ke favor mein jata hai. Aur - MA100 ke upar position mein stagnate kar raha hai - yeh signal hai ke bears abhi real nahi hain, filhal - sirf correction dikhate hain, aur phir - kaafi mumkin hai - hum dobara upar jayen. Abhi tak mujhe is instrument pe sirf flat dikh raha hai Atlantic ke par, focus Germany ke inflation data pe shift hota hai Thursday ko, jo ke eurozone ke price pressures pe insights provide karega. Expectation yeh hai ke inflation stubbornly 2.5% ke aas paas rehti hai, jo ke European Central Bank ka 2% target exceed karti hai. Yeh persistent inflation eurozone ki economic recovery pe pressure dalti hai aur ECB ke monetary policy decisions ko challenge karti hai. Euro khud US dollar ke against comeback ki koshish kar raha hai. Yeh recently December 2023 se jo downtrend line in place thi uske upar break karne mein kamiyab raha, jo ke potential reversal signal karta hai. But technical indicators resistance levels around 1.0859 aur 1.0998 ko hurdles banate hain euro ke ascent ke liye. Conversely, agar key moving average ke niche fall hoti hai toh yeh further decline trigger kar sakti hai towards 1.0630 level. Aane wale din euro ke liye ek critical test honge, jahan political uncertainty aur economic data ke

Kuch purani posts milin jin ka date July 5 tha, aur aaj humaray paas ninth hai. Toh maine socha ke daily chart pe situation ko wave technique se dekha jaye: MA100 parallel to floor space mein kaam kar rahi hai - jo ke week ke dauran flat mood ka signal hai. MA18 ne ek waqt mein bearish mood dikhaya: yeh thirty degrees ke trend angle pe niche ki taraf move kar rahi thi. MA100 ko top se bottom cross kiya, aur ek dead cross banaya - jo ke sell signal hai. Lekin pichle haftay ke bulls ke asar ke neechay, jab woh vertical ascending channel mein north ki taraf move kar rahe thay. Aur yeh light moving average bhi floor ke parallel space mein kaam kar rahi hai. Sab candles moving averages, guiding averages, aur local Nichimoku cloud ke upar space mein ban rahi hain. Yeh iska matlab hai ke humara mood bullish rehta hai. Nichimoku cloud is currently bullish rangon mein hai. Forecasting ke point of view se, Kumo bears ke favor mein jata hai. Aur - MA100 ke upar position mein stagnate kar raha hai - yeh signal hai ke bears abhi real nahi hain, filhal - sirf correction dikhate hain, aur phir - kaafi mumkin hai - hum dobara upar jayen. Abhi tak mujhe is instrument pe sirf flat dikh raha hai Atlantic ke par, focus Germany ke inflation data pe shift hota hai Thursday ko, jo ke eurozone ke price pressures pe insights provide karega. Expectation yeh hai ke inflation stubbornly 2.5% ke aas paas rehti hai, jo ke European Central Bank ka 2% target exceed karti hai. Yeh persistent inflation eurozone ki economic recovery pe pressure dalti hai aur ECB ke monetary policy decisions ko challenge karti hai. Euro khud US dollar ke against comeback ki koshish kar raha hai. Yeh recently December 2023 se jo downtrend line in place thi uske upar break karne mein kamiyab raha, jo ke potential reversal signal karta hai. But technical indicators resistance levels around 1.0859 aur 1.0998 ko hurdles banate hain euro ke ascent ke liye. Conversely, agar key moving average ke niche fall hoti hai toh yeh further decline trigger kar sakti hai towards 1.0630 level. Aane wale din euro ke liye ek critical test honge, jahan political uncertainty aur economic data ke interplay se iska short-term trajectory determine hoga

Aap EUR/USD currency pair ka tajziya kar rahe hain aur iski recent performance ko dekh rahe hain. Aapke tajziye ke liye, ye points madde nazar rakhna zaroori hai:

1. **Maujooda Market Conditions:** Aaj ke data ke mutabiq, EUR/USD pair 1.0876 par hai, jo ke -0.05% ki halki kami ko darshata hai. Yeh is baat ki nishani hai ke market kafi mustahkam hai aur fluctuation choti-moti hai.

2. **Economic Reports ka Asar:** Aaj ke economic reports mein EUR Retail Sales MoM aur USD Personal Income aur Spending MoM shamil hain. Yeh dono reports ahm hain kyunke yeh economic health aur consumer behavior ka pata deti hain, jo EUR/USD pair mein volatility paida kar sakti hain.

3. **Market Sentiment:** Halki kami ko dekhte hue, yeh zaroori hai ke dekha jaye in reports ka market sentiment par kya asar hota hai. Agar kisi taraf se achi data aati hai to wo currency ko mazid majboot kar sakti hai, jabke kamzor data aur zyada fluctuations paida kar sakti hai.

4. **Aane Wale Events:** Dusre economic events ya geopolitical developments ko bhi dekhna zaroori hai jo EUR/USD exchange rate ko asarandaz kar sakti hain. Isme central bank announcements ya international trade news shamil ho sakti hain.

5. **Technical Analysis:** Chart patterns aur technical indicators ka jaiza lena bhi aage ke movements ka pata lagane mein madadgar ho sakta hai. Trends, support aur resistance levels aur kisi bhi technical signals ko dekhna zaroori hai jo direction mein tabdeeli ka ishara de sakte hain.

Khulasah, jab ke mojooda tabdeeli choti hai, lekin aane wale economic reports aur broad market conditions EUR/USD currency pair ke future direction ko tay karenge. Agle haftay, zyada data releases ki umeed hai jo currency markets ko significant impact kar sakti hain. United States apna GDP figures Thursday ko release karega, jahan pichle quarter ke 1.4% se 1.9% tak barhne ki umeed hai. Friday ko Personal Consumption Expenditures Price Index inflation rates announce karega, jahan 2.6% se thoda kam 2.5% tak hone ki umeed hai. Tuesday ko, euro ke shuruati nuqsanat ne Euro/USD pair ko naye lows par 1.0850 ke aas-paas push kiya. Investors umeed kar rahe hain ke euro in crucial data releases se pehle support paayega. Euro ne recent gains ko 1.0948 se zyada chhod diya hai. 200-day Simple Moving Average (SMA abhi bhi barqarar hai, lekin weekly declines buying pressure ko kam darshati hain.

Currency pair ne Friday ke New York session mein achi recovery dekhi, jo ke recent decline ke baad aayi thi, jo ise 1.0870 ke nazdeek le aayi thi. Yeh pair support mila jab US Dollar (USD) ne correction dekha aur June ke liye US core Personal Consumption Expenditures (PCE) Price Index data ke aas-paas uncertainty ka samna kiya. Yeh data inflation trends ko samajhne mein madad dega aur Federal Reserve (Fed) ke future policy decisions ko influence karega.

EUR/USD ke Fundamentals:

Critical resistance level 106.10 ko todne ki koshish ko resistance ka saamna karna pada, jo key economic data releases ke aage market ke hesitant hone ko reflect karta hai. Agar inflation figures expected se kam aati hain, to Fed ke rate cuts ke expectations badh sakti hain, jo aam tor par USD par downward pressure daalti hain. Wahi, agar economic indicators strong rahe, to Fed ke zyada restrained stance ka prospect barh sakta hai.

Market consensus filhal yeh hai ke Fed September mein interest rate cuts shuru kar sakta hai, aur baad mein aur cuts bhi ho sakte hain. Yeh cautious optimism broader concerns ko highlight karta hai jo Fed aur European Central Bank (ECB) ke beech policy divergences ko lekar hain. Investors in divergences ko closely monitor karte hain, jo major currency pairs jaise EUR/USD ki relative strength ko impact karta hai.

Daily Time Frame Technical Outlook:

Pair ko foran technical challenges ka samna karna pad raha hai. Key resistance levels mein 14-day Exponential Moving Average (EMA) 1.0855 aur recent range ke upper boundary 1.0870 ke aas-paas hain. Agar in levels ke upar decisive breakout hota hai, to further upside ki raah khul sakti hai jo descending channel ke upper boundary ke 1.0880 ke aas-paas tak pahunch sakti hai, aur shayad psychological barrier 1.0900 tak bhi target kar sakti hai.

Technical tor par, EUR/USD consolidation phase ko navigate kar raha hai, jo daily candlestick patterns mein nazar aata hai. Pair descending channel ke andar oscillate kar raha hai, aur underlying support bearish side ke 200-day Exponential Moving Average (EMA) ke aas-paas 1.0816 par hai.

**EURUSD Analysis: Weekly Summary and Forecast**

Doston, aaj hum EURUSD ke pichle haftay ka analysis aur agle hafte ke liye forecast ko dekhenge. Pichle haftay ke weekend par, maine socha tha ke EURUSD ki price 1.0910 ke level ki taraf correction kar rahi hogi. Lekin, dekha gaya hai ke price is level ke neeche hi bani hui hai. Yeh is baat ko darshata hai ke mera forecast sahi nahi hua. Halankeh, 1.0910 ka level abhi bhi relevant hai aur iski taraf ek baar phir se dekhne ki zaroorat hai.

Ek aur level jo hamare liye maayne rakhta hai wo hai 1.0940. Is level par humne ek "shark" formation dekha hai, jo aam tor par reversal ki nishani hoti hai. Yeh formation market ki direction ko palatne ke ishaare de sakta hai, aur isliye 1.0940 ka level bhi ek strategic point hai.

Mera purana medium-term chart bhi is waqt relevant hai. Is chart mein ek laal zigzag upar ki taraf number one ke saath chal raha hai, aur mere plans bhi yeh suggest karte hain ke zigzag upar ki taraf smoothly transition hota rahega. Lekin, yeh sellers ke liye ek nuksaan hai kyunki price kafi der se neeche ja rahi hai aur zigzag upar ki taraf abhi tak form nahi hua. Aam tor par, yeh situation fakeout ka indication hota hai, jiska matlab hai ke zigzag neeche ki taraf number two ko chhota karke execute kiya ja sakta hai taake sellers ko confuse kiya ja sake. Ek chhota zigzag sellers ki kamzori ka bhi ishaara hota hai, aur isliye yeh zaroori hai ke sab zigzags ko waqt par execute kiya jaye.

Mere Friday subah ke forecast ke mutabiq, hum 1.0910 ka target nahi pohoch paaye, isliye Monday se price continuation ki ummeed ki ja sakti hai. Yeh analysis kehte hai ke market abhi bhi volatile hai aur strategic levels ko monitor karna zaroori hai. Isliye, aage ki planning ke liye in levels ko dhyan me rakhte hue trading decisions lena hoga.

EUR/USD Market Analysis:

Filhal EUR/USD ka bazaar daam 1.0876 hai, jo ke pichle band hone ke muqablay mein -0.05% ki halki kami ko darshata hai. Yeh choti si tabdeeli bazaar ki istiqamat ko zahir karti hai; magar aane wale ma’ashi events kuch volatility introduce kar sakte hain. Aaj do bade ma’ashi reports aane wali hain: EUR Retail Sales MoM aur USD Personal Income and Spending MoM. Yeh reports bazaar ke rukh ko naya mod de sakti hain.

Support aur Resistance Levels

EUR/USD ke liye support levels hain:
1.0840
1.0820
1.0800

Yeh levels wo areas hain jahan price zameen par paon rakhti hai aur shayad upar ki taraf wapas aa sakti hai. Traders aksar in levels ko dekhte hain taake agar price yahan tak pohanchti hai to buying opportunities dhoondh sakein.

Dusar taraf,

Resistance levels bhi ahem hain kyunki yeh wo barriers hain jahan price ko selling pressure ka saamna karna pad sakta hai aur niche ki taraf wapas aa sakti hai. Agar price in levels tak pohanchti hai, to traders selling opportunities par ghor kar sakte hain.

Aaj ka pivot point 1.0885 par hai. Pivot point ek technical indicator hai jo traders ko mukhtalif timeframes mein bazaar ke trends identify karne mein madad karta hai. Filhal ke market price 1.0876 hai jo pivot point se neeche hai, isse bearish outlook ka ishara milta hai. Jab price pivot point ke neeche hoti hai, to aksar yeh weak buying interest aur aage ke girawat ka potential zahir karti hai.

Moving average EUR/USD ke liye 1.08728 par hai, jo downward trend ko darshata hai. Moving average price data ko smooth out karne mein madad karta hai taake ek flowing line ban jaye, jo trend ka direction identify karne mein asaan hoti hai. Filhal ke moving average bearish trend ko zahir karta hai kyunki yeh pivot point aur current market price dono se neeche hai.

Bearish Scenario

Given ke filhal market price 1.0876 pivot point 1.0885 se neeche hai aur moving average bhi downward trend ko darshata hai, ek bearish scenario ki ummeed ki ja rahi hai. Iska matlab hai ke bazaar ka jazba selling ki taraf zyada hai. Traders ko expect karna chahiye ke price diye gaye support levels ki taraf move karegi.

Agar aaj ke ma’ashi reports Eurozone mein retail sales ko kam darshati hain ya U.S. mein personal income aur spending ki ummeed se zyada strong hoti hain, to yeh bearish outlook ko mazid barhawa de sakta hai. Euro ke liye negative news ya U.S. Dollar ke liye positive news aam taur par EUR/USD pair ko girane ka sabab banti hai.

Aaj sab ko salaam! EUR/USD currency pair ka M15 chart dekh kar humne dekha ke linear regression channel upar ki taraf ja raha hai. Yeh bullish trend ko darshata hai jahan buyers market ko 1.09082 ke level tak push kar rahe hain. Yeh upar ki movement ek buying opportunity provide karti hai, lekin ihtiyaat zaroori hai.

M15 chart par linear regression channel ke upward slope se yeh pata chalta hai ke buyers actively prices ko upar push kar rahe hain. Lekin, is trend ki mazid confirmation ke liye zaroori hai ke H1 timeframe par bhi linear regression channel upward trend dikhaye. Support level 1.08793 ke aas paas hai jo critical support point ban gaya hai. Buying opportunities is level se consider ki ja sakti hain, lekin agar price is level ke neeche consolidate karti hai to buying activities ko rokna zaroori hai. Resistance level immediate target ke liye 1.09082 hai. Agar price is level tak pohnchti hai, to dekhna hoga ke buyers is level ke upar consolidate kar sakte hain ya nahi. Agar buyers is resistance ke upar consolidate karte hain, to yeh trend reversal ka indication ho sakta hai aur further buying opportunities mil sakti hain.

Buying strategy ke liye, M15 linear regression channel ke lower edge se buy positions enter karna chahiye aur 1.09082 level ke upar consolidation dekhni chahiye. Agar price is level ke neeche consolidate karti hai to buying ko roknay ki zarurat hai. Risk management ke liye stop-loss orders ko 1.08793 ke thoda neeche set karna chahiye. Market conditions ko dekhte hue M15 aur H1 charts ko regularly monitor karna zaroori hai. Buyers ka current effort 1.09082 level ko push karne ka hai aur agar yeh momentum barqarar raha to bullish outlook mazid strong ho sakta hai. Lekin, sellers bhi pressure dal sakte hain, isliye ehtiyaat barqarar rakhein aur positions adjust karte rahein.

EUR/USD currency pair ke price behavior ka analysis kiya ja raha hai. Filhaal positions ko reverse karne ki koi zaroorat nahi, kyun ke ek important market participant abhi bhi buying kar raha hai, jab ke 60% se zyada log selling kar rahe hain. Iss situation mein, jaldi koi badlaw ummed nahi hai. Naye trading week ke shuruat par, upward trend ke continue hone ki ummeed hai, jo shayad baqi ke buyers ko shake out kar de.

Daily chart ka analysis dikhata hai ke euro/dollar pair ek pehle se bana hua sideways wedge mein trade kar raha hai. Jab lower boundary se rebound hua, jo ke local minimum 1.0659 thi, to euro/dollar pair ne upward movement shuru ki. Abhi tak, ye upward movement mukammal nahi hui, kyun ke price upper boundary tak nahi pohnchi. Is liye, current levels se buy karna behtar hai, resistance line ke 1.0959 ya 1.0969 ke aas-paas tak. Is wajah se market open hote hi buying ki sifarish ki ja rahi hai.

EUR/USD pair ka weekly chart dekha jaye to reversal pattern nazar aata hai. Chhoti si pin bar ke bawajood, ye suggest karta hai ke pair phir se rise kar sakta hai previous levels ke aas-paas, lagbhag 1.0628 ke aas-paas. Iska matlab hai ke pair is level ko exceed nahi karega jab tak naye inflation data release nahi hota, jo stagnation ke khatam hone ka indication de sakta hai.

Daily chart par main growth ka prediction kar raha hoon, jo 1.0973 ke aas-paas tak pohnch sakta hai, aur 1.0668 par support wapas aane ka bhi idea hai. Four-hour chart bhi ek range dikhata hai data release se pehle, jo stagnation se movement ki possibility ko indicate karta hai. Pair grey range mein revert ho chuka hai, jo yeh suggest karta hai ke ye opposite range boundaries tak pohnch sakta hai.

Kuch purani posts milin jin ka date July 5 tha, aur aaj humaray paas ninth hai. Toh maine socha ke daily chart pe situation ko wave technique se dekha jaye: MA100 parallel to floor space mein kaam kar rahi hai - jo ke week ke dauran flat mood ka signal hai. MA18 ne ek waqt mein bearish mood dikhaya: yeh thirty degrees ke trend angle pe niche ki taraf move kar rahi thi. MA100 ko top se bottom cross kiya, aur ek dead cross banaya - jo ke sell signal hai. Lekin pichle haftay ke bulls ke asar ke neechay, jab woh vertical ascending channel mein north ki taraf move kar rahe thay. Aur yeh light moving average bhi floor ke parallel space mein kaam kar rahi hai. Sab candles moving averages, guiding averages, aur local Nichimoku cloud ke upar space mein ban rahi hain. Yeh iska matlab hai ke humara mood bullish rehta hai. Nichimoku cloud is currently bullish rangon mein hai. Forecasting ke point of view se, Kumo bears ke favor mein jata hai. Aur - MA100 ke upar position mein stagnate kar raha hai - yeh signal hai ke bears abhi real nahi hain, filhal - sirf correction dikhate hain, aur phir - kaafi mumkin hai - hum dobara upar jayen. Abhi tak mujhe is instrument pe sirf flat dikh raha hai Atlantic ke par, focus Germany ke inflation data pe shift hota hai Thursday ko, jo ke eurozone ke price pressures pe insights provide karega. Expectation yeh hai ke inflation stubbornly 2.5% ke aas paas rehti hai, jo ke European Central Bank ka 2% target exceed karti hai. Yeh persistent inflation eurozone ki economic recovery pe pressure dalti hai aur ECB ke monetary policy decisions ko challenge karti hai. Euro khud US dollar ke against comeback ki koshish kar raha hai. Yeh recently December 2023 se jo downtrend line in place thi uske upar break karne mein kamiyab raha, jo ke potential reversal signal karta hai. But technical indicators resistance levels around 1.0859 aur 1.0998 ko hurdles banate hain euro ke ascent ke liye. Conversely, agar key moving average ke niche fall hoti hai toh yeh further decline trigger kar sakti hai towards 1.0630 level. Aane wale din euro ke liye ek critical test honge, jahan political uncertainty aur economic data ke interplay se iska short-term trajectory determine hoga

EUR/USD Chart Analysis
EUR/USD chart kay analysis main kai aham support aur resistance levels hain jin par traders ko tawajjo deni chahiye. Pehla aham support level 1.0916 low se 1.0972 high tak ke upward move ke 50% Fibonacci retracement ke qareeb hai, jo ke 1.0937 par hai. Yeh level bohot aham hai kyun ke Fibonacci retracement levels aksar market psychology ki wajah se strong support ya resistance ke taur par kaam karte hain
Agar price 1.0937 level se neeche jati hai to yeh ek bearish move ko trigger kar sakti hai, jo EUR/USD pair main mazeed girawat ka sabab ban sakti hai. Agla aham support area 1.0880 se 1.0926 pivot point range ke qareeb hai. Pivot points traders ke liye is liye essential hain kyun ke yeh market main potential turning points ko indicate karte hain. Agar price is pivot range se neeche jati hai to yeh 1.0873 level ki taraf short term main move ka darwaza khol sakti hai
Filhal EUR/USD qareeb 1.0860 par trade ho raha hai. Yeh qurbat yeh indicate karti hai ke pair considerable selling pressure ke neeche hai, jo zyadatar US Dollar ke Euro ke muqablay main strong hone ki wajah se hai. Agar Dollar mazeed strong hota hai, to hum EUR/USD pair ko mazeed critical support levels ki taraf girta dekh sakte hain
Overall trend bearish lag rahi hai, khas tor par agar price significant support levels ke upar rehne main nakam rehti hai. Dollar ki strength yahaan ek key factor hai. Euro ki weakness Dollar ke muqablay main bearish sentiment ko contribute kar rahi hai. Traders ko economic indicators aur news ko qareebi taur par monitor karna chahiye jo US Dollar aur Euro ko affect kar sakti hain, jaise ke interest rate decisions, economic data releases, aur geopolitical events
Agar potential targets ki baat ki jaye, to agar EUR/USD 1.0860 se neeche break karti hai to agla level 1.0800 dekhne layak hoga. Yeh level ek psychological barrier hai aur apni round number nature ki wajah se kuch support provide kar sakta hai. Agar yeh level breach hota hai to mazeed girawat 1.0750 ya 1.0700 tak ho sakti hai
Agar EUR/USD 1.0860 level ke upar rehne main kamiyab hota hai aur recovery stage karta hai to pehla resistance jo dekhna hoga woh 1.0900 level hoga. Is level ke upar break hone par pair ko 1.0937 level ko retest karte dekh sakte hain, aur us se upar move recent high 1.0972 ko target kar sakta hai
Nateejatan, EUR/USD pair filhal ek bearish phase main hai, jahan kai critical support levels test ho rahe hain. Key levels jo dekhne layak hain woh hain 1.0937, 1.0880-1.0926 pivot range, aur 1.0873. In levels se neeche break mazeed girawat ka sabab ban sakti hai, jab ke inke upar rehne se kuch recovery ho sakti hai. Traders ko broader market sentiment aur economic indicators par nazar rakhni chahiye taake informed trading decisions le sakein

EUR/USD pair

Euro (EUR) ne hafte ki shuruat dheere se ki, US Dollar (USD) ke muqablay mein 1.0900 level ke neeche gira raha hai. Yeh sakoon pehle ke busy period ke baad aaya hai. Hefte ki shuruat mein major economic data releases ki kami ke sath, EUR/USD traders wait-and-see mode mein hain, aur Wednesday ko European Union (EU) aur US se aane wale key Purchasing Managers' Index (PMI) data ka intezaar kar rahe hain. Is dheere shuruat ka matlab hai ke Monday aur Tuesday ko EUR/USD balanced range mein trade hone ki ummeed hai, kyunki investors apne aap ko data release ke liye position kar rahe hain. Tuesday ko sirf US existing home sales figures for June ka release notable data point hoga.

Lekin, EUR/USD traders ka asli focus Wednesday ko shift ho jayega, jab PMI data price movements ka key driver banega. Hafte ke doosre hisson mein high-impact US economic data ka release dominate karega. Thursday ko US GDP figures for the second quarter of 2024 release kiye jayenge, jo ke US economy ke long-term health ke liye valuable insights provide karega. Aur finally, Friday ko key US inflation data week ka aakhri data point hoga, jo ke currency markets ke liye data-packed week ko wrap up karega.



Halanki recent pullback ke bawajood, EUR/USD pair pichle teen hafton se upar ki taraf trend kar raha hai. Yeh uptrend price chart par higher highs aur higher lows ki series se characterize hota hai. Magar, kuch technical indicators nazar aa rahe hain jo near term mein potential weakness ka ishara de rahe hain. Relative Strength Index (RSI) aur Stochastic Oscillator dono negative ho rahe hain, jo short-term pullback ka signal de sakte hain. Agar 1.0928 ka nazdeek ka support level break hota hai, toh EUR/USD niche ki taraf 4-hour chart par established ascending channel ke lower border 1.0898 ki taraf gir sakta hai. Agar is level ke neeche decisively close hota hai, toh uptrend ke continuation par shak ho sakta hai. Agar 50-period moving average jo 1.0870 par hai, ke neeche significant break hota hai, toh yeh ek strong bearish signal hoga, jo EUR/USD prices ko 1.0850 area tak le ja sakta hai, jahan ek previous resistance trend line hai.

EUR/USD D1 chart
Pichlay kal Euro ke price ne 40 points ka izafa kiya hai, jo yeh darsha raha hai ke buyers ka control hai. Kal ke trading session mein currency ne 1.09149 level ka aim kiya tha. Agar wo is mark ko break kar ke momentum ko agle haftay tak barqarar rakhte hain, to agla target 1.09419 hoga, jo ke 1.09 tak ka move lead kar sakta hai. Filhal sellers ke pass mazboot footing nahi hai ke wo effective sell positions initiate kar sakein. Qarib tareen support level 1.086 hai, aur agar isay break karte hain to price 1.08045 tak gir sakti hai.

4-hour chart par dekha jaye to EURUSD pair upper band ke sath trade kar raha hai, aur upper band open hai, jo ke ek bullish signal darsha raha hai. June 4th ka fractal 1.09149 ka level pohoch gaya hai. Ek naya, qareebi fractal downward emerge hua hai, jo ke possible price decline ka target ho sakta hai. Is ka breakout aur consolidation price ko July 9th ke fractal ki taraf gir sakta hai jo ke 1.08045 ke level par hai. AO indicator positive zone mein izafa dikhata hai, aur ek naya maximum form hua hai. Pehla peak kab hoga yeh abhi clear nahi, jo ke price growth ke agay barhne ka ishara de raha hai. Price drop ka reliable signal hasil karne ke liye zero ki taraf active attenuation ka intezar karna zaroori hoga.

Is waqt, EUR/USD pair apni current path par continue karegi jab tak ke US inflation numbers ka reaction nahi aata, jo ke kal Thursday ko announce hone wale hain. Inflation data pair ki direction ko influence karega. Agar inflation figures expectations se zyada high hoti hain, to US Dollar mazboot hoga, jo ke EUR/USD pair ko decline karega kyun ke market potential interest rate hikes anticipate karega by Federal Reserve. Dusri taraf, agar inflation figures expectations se low hoti hain, to US Dollar weak hoga, jo ke Euro ko support dega aur pair ko higher push karega. Traders aur investors US inflation announcement ko closely monitor karenge, kyun ke yeh future monetary policy direction ke baray mein critical insights provide karega Federal Reserve ka. Yeh data release EUR/USD pair mein significant volatility induce karega, jo ke current neutrality ko break kar ke trend ke liye clear direction set kar sakta hai.

Currency pair ne Friday ke New York session ke doran ek noticeable recovery dikhayi, jo recent decline se sharp bounce back thi, jo ke pichle din 1.0870 ke nazdeek ek saat hafte ke high ke kareeb le aayi thi. Yeh pair ne support paayi jab US Dollar (USD) mein corrections dekhne ko mili, kyunki agle US core Personal Consumption Expenditures (PCE) Price Index data ke liye uncertainty thi. Yeh data release inflation ke trends ko roshan karne ki umeed hai, jo ke future Federal Reserve (Fed) policy decisions ko influence karegi.

EUR/USD ke Fundamentals:

Critical resistance level 106.10 ko breach karne ki koshish ko resistance ka saamna karna pada, jo ke market ke hesitancy ko reflect karta hai ahead of key economic data releases. Aham baat yeh hai ke agar inflation figures expected se kam hoti hain to expectations towards earlier Fed rate cuts badal sakti hain, jo aam tor par USD par downward pressure daalti hai. Wohi agar economic indicators strong hain to Fed ke restrained stance ko reinforce kar sakte hain.

Market consensus filhal yeh hai ke Fed shayad September tak interest rate reductions shuru kar sakta hai, aur aage ke months mein aur cuts ki umeed hai. Yeh cautious optimism broader concerns ko reflect karta hai jo ke Fed aur European Central Bank (ECB) ke beech policy divergences par focused hai. Yeh divergences investors ke liye closely monitored hoti hain, jo major currency pairs jese EUR/USD ki relative strengths ko impact karte hain.

Daily Time Frame Technical Outlook:

Pair ko foran technical challenges ka saamna hai. Key resistance levels mein 14-day Exponential Moving Average (EMA) at 1.0855 aur recent range ke upper boundary ke nazdeek 1.0870 shamil hain. Agar in levels ke upar decisive breakout hota hai to yeh further upside ke liye raasta khol sakta hai, jo ke descending channel ke upper boundary ke around 1.0880 tak ja sakta hai, aur psychological barrier 1.0900 tak bhi target kar sakta hai.