See also
03.04.2025 05:07 AMStarting today, U.S. tariffs ranging from 10% to 50% will apply to nearly all of America's trading partners. Market participants were prepared and refrained from panic, although equity indices weakened. In response, efforts to strengthen regional and global trade alliances have regained momentum. We immediately heard renewed focus on BRICS, ASEAN, APEC, and others. China, Japan, and South Korea announced the formation of a new trade bloc.
Meanwhile, markets are still evaluating losses and opportunities. Against this backdrop, investors have begun to move away from the U.S. dollar, technically triggering upward moves in anti-dollar currencies.
On the daily EUR/USD chart, the euro is approaching the first target level at 1.0955. The next targets are 1.1027 and the broader target range of 1.1110/50. The Marlin oscillator has moved into positive territory with significant upside potential.
On the H4 chart, yesterday evening's price showed a wide range—over 100 pips—directly above the MACD line, which currently reinforces that line and signals a strong short-term uptrend. This trend could only be broken if the price falls below the support level at 1.0762. In that case, the 1.0667 target would come into play.
Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.
If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.
Why does your IP address show your location as the USA?
Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaTrade anyway.
We are sorry for any inconvenience caused by this message.
