Forex EUR/USD Daily Video, April 25, 2024

[Sive Morten]

Good morning,

EUR downside reaction was minimal yesterday, and now our 1.0745 predefined level is mostly reached. Thus, downside action could start on a background of coming GDP and PCE numbers. We intend to carefully look for bearish signs around:

 

[Brett Reynolds]

Coming to end of month and BIG Data releaseas next week. I am holding Buy on Cable after what looked like an important reversal at $1.23 area. I will monitor EURO for Sell opportunity from $1.0750 - $1.0800..for reversal which is expected...but next week could 'possibly bring some surprises..!?