EUR/USD - Technical Analysis & Market Sentiment

📉 Bearish Bias

✅ Moving Averages (50MA & 200MA) - Price is below key MAs, signaling a downtrend. (+2)
✅ MACD - Histogram below the signal line, confirming bearish momentum. (+1)
✅ Parabolic SAR - Dots above price action, indicating a downtrend. (+1)
✅ Donchian Channel - Price near the lower band, reflecting selling pressure. (+1)
✅ Head & Shoulders Pattern - Bearish formation on the Stochastic Oscillator. (+1)

🔻 Total Bearish Score: 6

📰 Sources:
MACD & Donchian Analysis - IFC Markets
Price Action & Moving Averages - XTB
Head & Shoulders Pattern - RoboForex

📈 Bullish Bias

✅ 200-MA Long-term Trend - Price still above the 200-MA, showing some support. (+1)
✅ Stochastic Oscillator - Oversold conditions, potential for a short-term bounce. (+1)
✅ Fibonacci Retracement - 61.8% level acting as possible support. (+1)

🔹 Total Bullish Score: 3

📰 Sources:
Fibonacci Support - XTB
Stochastic Oversold - RoboForex

📊 Sentiment & Market Factors

📉 Eurozone Inflation Drop (- Bearish) - February's inflation slowed to 2.3% YoY, weakening the Euro. Source
📈 U.S. Inflation Rising (+ Bearish) - U.S. CPI increased to 3%, strengthening USD. Source📉 Potential U.S. Tariffs on EU (- Bearish) - New 25% tariff threats from the U.S. add downward pressure. Source
📉 ECB Dovish Stance (- Bearish) - ECB remains cautious, further weakening the Euro. Source

📌 Final Bias: Strong Bearish (Score: 6 vs 3)

📢 💡 Trade Idea: Look for Sell Setups on Retests at resistance levels.