empty
28.04.2025 01:05 AM
The U.S. Dollar. Weekly Preview

This image is no longer relevant

The United States is facing an important week, but it is unlikely to be important for the U.S. dollar. Significant reports on the labor market, job openings, unemployment, and GDP and ISM business activity data will be released this week. Therefore, we might expect market reactions and intense movements. However, I highly doubt that we will see them. When a similar set of economic data was released in the U.S. a month ago, the market practically ignored it. Both instruments have been stagnant for almost three weeks, and they are awaiting new decisions from Donald Trump. Consequently, the labor market and unemployment data might also be overlooked.

At this point, there's not much more to say about the dollar. There will be a few important reports that may be ignored. What and when Donald Trump decides regarding tariffs remains unknown. Recently, the U.S. President has been focusing more on the conflict in Ukraine, assuring that a peace agreement might be signed soon. Undoubtedly, this is a vital topic for the entire world, as it could mean one less military conflict. If only India and Pakistan hadn't started their own conflict this week.

The primary focus should still be on Trump, as he remains the key market driver. I believe that over time, Trump will try to find a way out of the situation he created, but there's no room left to lower tariffs further for 75 countries — they are already at minimal levels. Negotiations with China are not underway, so there's no reason to lower tariffs for Beijing either. At the moment, I don't see what could drive demand for the U.S. dollar in the new week.

This image is no longer relevant

Wave structure for EUR/USD:

Based on the analysis of EUR/USD, I conclude that the instrument continues to build a new upward trend segment. Donald Trump's actions reversed the previous downward trend. Therefore, the wave structure will entirely depend on the position and actions of the US president for the foreseeable future. It is essential always to keep this in mind. Based solely on the wave structure, I expected constructing a three-wave correction within wave 2. However, wave 2 has already been completed, taking a single-wave form. The construction of wave 3 of the upward segment has begun, and its targets may extend to the 1.2500 area ("the 25th figure"). Achieving these targets will depend solely on Trump, and the internal structure of this wave is already becoming rather "awkward."

This image is no longer relevant

Wave structure for GBP/USD:

The wave structure of the GBP/USD instrument has transformed. Now, we are dealing with an upward, impulsive trend segment. Unfortunately, under Donald Trump, markets may experience many shocks and reversals that do not conform to any wave structure or technical analysis. The supposed wave 2 has been completed, as quotes have exceeded the peak of wave 1. Therefore, the construction of an upward wave 3 should be expected, with immediate targets at 1.3345 and 1.3541. Ideally, it would be good to see a corrective wave 2 within wave 3, but the dollar would need to rise for that to happen. And for that, someone would have to start buying it.

Main principles of my analysis:

  1. Wave structures should be simple and clear. Complex structures are difficult to trade and often lead to changes.
  2. If there is no confidence in the market situation, it is better not to enter it.
  3. Absolute certainty in the direction of movement does not exist and never will. Always remember to use protective Stop Loss orders.
  4. Wave analysis can be combined with other types of analysis and trading strategies.
Seleccione el marco de tiempo
5
min
15
min
30
min
1
hora
4
horas
1
día
1
s.
Gana con los cambios en el valor de las criptomonedas con InstaForex.
Descarga MetaTrader 4 y abre tu primera operación.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    UNIRSE AL CONCURSO

Recommended Stories

El Bitcoin se vende fácilmente

Mientras el mercado debate cómo afectará la legislación sobre las stablecoins, la reanudación de las amenazas arancelarias de Donald Trump deteriora el apetito global por el riesgo y contribuye

Marek Petkovich 13:41 2025-06-02 UTC+2

Los litigios judiciales entre Trump y las empresas sobre los aranceles influirán negativamente en los mercados (existe la probabilidad de que continúe la caída del precio del Bitcoin y del Litecoin)

Los mercados mundiales siguen bajo la fuerte influencia de los acontecimientos que ocurren en Estados Unidos, que tanto en el ámbito político como en el económico se comportan como

Pati Gani 12:57 2025-05-30 UTC+2

Análisis del par GBP/USD. El 30 de mayo. La justicia prevaleció, ¿pero por cuánto tiempo?

El par de divisas el par GBP/USD el jueves se consolidó por debajo de la línea media móvil, mientras que el dólar creció durante tres días consecutivos. Sin embargo, todo

Paolo Greco 07:40 2025-05-30 UTC+2

Análisis del par EUR/USD. El 30 de mayo. Jaque a Donald Trump.

El par de divisas EUR/USD continuó un débil movimiento descendente durante la primera mitad del jueves, pero en la segunda mitad se disparó bruscamente al alza. Vimos un fuerte estallido

Paolo Greco 07:40 2025-05-30 UTC+2

Análisis del par GBP/USD. El 27 de mayo. La libra esterlina se mantiene estable.

El par de divisas GBP/USD continuó su movimiento alcista el lunes. Es importante señalar de inmediato que la situación con el euro es bastante complicada e inestable. El euro

Paolo Greco 07:28 2025-05-27 UTC+2

Análisis del par EUR/USD. El 27 de mayo. El presidente dijo, el presidente cambió de opinión.

El par de divisas EUR/USD reanudó su movimiento alcista durante la sesión del lunes desde la apertura del mercado. Otra caída del dólar estadounidense la semana pasada fue provocada

Paolo Greco 07:28 2025-05-27 UTC+2

El caos en los mercados continuará (hay probabilidad de una continuación de la caída local del #USDX y del precio del oro)

Los mercados continúan actuando a ciegas en medio de las acciones caóticas de D. Trump, quien intenta sacar a EE.UU. de la más profunda crisis integral como el barón

Pati Gani 11:26 2025-05-23 UTC+2

Análisis del par GBP/USD. El 22 de mayo. El mercado vuelve a responder sin ambigüedades a Trump.

El par de divisas GBP/USD continuó su movimiento hacia el norte el miércoles, aunque a primera vista no había razones claras para ello. Sí, el nivel de inflación (el único

Paolo Greco 07:12 2025-05-22 UTC+2

Análisis del par EUR/USD. El 22 de mayo. Un nuevo golpe al dólar: «One big beautiful bill act».

El par de divisas EUR/USD continuó su movimiento ascendente durante el miércoles. El dólar estadounidense lleva cayendo sin pausa por más de una semana, algo que no sucedía en todo

Paolo Greco 07:12 2025-05-22 UTC+2

El Bitcoin se convierte en víctima de estafadores

La confianza en el mundo financiero no solo puede perderla el dólar estadounidense. La información sobre el robo de datos de aproximadamente 197 mil clientes de Coinbase, la mayor plataforma

Marek Petkovich 14:05 2025-05-19 UTC+2
¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.
Widget callback
 

Dear visitor,

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?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

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 InstaForex anyway.

We are sorry for any inconvenience caused by this message.