- EUR/USD continued to approach 1,0800 on Tuesday.
- The markets are prepared for tariff announcements from Trump administration on Wednesday.
- Economic data receives the rear seat for Trump tariff stress, but the NFP is still ahead.
EUR/USD was stuck to familiar levels on Tuesday, and investors were supported by US President Donald Trump for a long time threatened “mutual” tariffs package, while close to 1,0800 handles. The exact details of President Trump’s constantly changing tariff offers remain cloudy, and since Donald Trump started to work 71 days ago, he will change several times or even clearly delayed in four different cases.
Forex Today: Everything is about “Day of Liberation”
The Wall Street Journal reported on Tuesday The United States Trade Representative Office can prepare a last -minute alternative tariff proposal to submit to Donald Trump to alleviate and facilitate a pile of tariff threats from the US President in the last 71 days.
European inflation figures came with small surprises on Tuesday. US ISM Manufacturing PMI for March Sank faster than expected, businesses fell in front of the expected tariff announcements fell from 50.3 to 49.0. Median market forecasts are expected to print 49.5 or better. The new order index of ISM production fell sharply for the second month and the lowest level of the two years fell to 45.2.
European economic data continue to be middle -storey for the rest of the trading week, but most traders will be engaged in balancing tariff reactions until Wednesday. However, a new edition of the US Farm Payroll (NFP) labor figures will be made on this Friday. This NFP version may be an important data point for the markets for the markets to act as a “bell için for the effects of the Trump team’s tariff plans, while the labor data of March into an economic environment after the Tariff.
EUR/USD Price Estimation
EUR/USD continues to trade in the midst of a technical trap, buyers cannot get a strong leg higher, but the short pressure is very limited to push the fiber price action below the 200 -day exponential moving average (EMA) just south of the 1,0700 handle.
EUR/USD has caught a short -term loss line by pushing technical oscillators into the extreme capital zone, but a continuation model is not possible as market participants focus on geopolitical factors.
EUR/USD Daily Graphics
Dow Jones FAQ
The Dow Jones Industrial average, one of the oldest stock market indices in the world, was compiled from 30 most traded stocks in the USA. The index is a price weighted rather than mainly with capital letters. The prices of the founding stocks are calculated by collecting them and dividing them into a factor with 0.152. The index was founded by Charles Dow, who founded Wall Street Journal. In the following years, unlike wider indices such as S&P 500, he was criticized for not being enough representatives for watching only 30 conglomerates.
Many different factors direct Dow Jones Industrial Average (DJIA). The total performance of the component companies described in the three -month company earning reports. The US and global macroeconomic data also contribute to investor’s feelings. Interest rates determined by the Federal Reserve (FED) affect the DJIA because many companies are largely dependent on the cost of loan costs. Therefore, inflation can be a large drive and other metrics affecting the FED decisions.
Dow theory is a method to determine the primary trend of the stock market developed by Charles Dow. An important step is to compare the direction of Dow Jones Industrial Average (DJIA) and Dow Jones Transport Average (DJTA) and follow the trends in which both of them act in the same direction. Volume is a confirmatory criterion. Uses the elements of theory, peak and gutter analysis. Dow’s theory demonstrates three trend stages: savings when it starts to buy or sell smart money; The participation of the people when the wider people joined; And distribution when smart money comes out.
There are several ways to trade with DJIA. The first is to use ETFs that allow investors to exchange DJIA as a single security instead of buying shares in all 30 constituent companies. A leading example SPDR Dow Jones Industrial Average ETF (DIA). DJIA futures contracts allows traders to speculate about the future value of the index, and options are not obligation to buy or sell at a predetermined price in the future. Investment funds allow investors to take part in a diversified portfolio of DJIA stocks, and thus exposure to the overall index.
