Bitcoin 
Ethereum 
Tether 
BNB 
XRP 
USDC 
Solana 
TRON 
Lido Staked Ether 
Figure Heloc 
There is arguably just one to take note of on the day, as highlighted in bold below.That being for EUR/USD at the 1.1600 level. It’s a modest-sized one but not likely to factor much into play in the day ahead. As things stand, headline risk is everything in markets.US president Trump dropped a bombshell on markets yesterday and since then, it’s been rather chaotic. The general sentiment in major currencies is now driven by broader dollar sentiment, which is in turn driven by the overall risk mood. So, that is the biggest driver of trading sentiment right now.The dollar is recouping some losses today as market jitters start to creep back in. That’s keeping EUR/USD pinned down to 1.1585 at the moment. I wouldn’t expect the expiries to have too much pull factor on a day/week like this. So, price action will be more heavily influenced by dollar sentiment more so than any potential pull from the expiries above.Looking to European trading, be wary of the tail end of the session. When Trump wakes up, we might be in for another roller coaster ride.For more information on how to use this data, you may refer to this post here.Head on over to investingLive (formerly ForexLive) to get in on the know!
This article was written by Justin Low at investinglive.com.
💡 DMK Insight
EUR/USD is hovering around the 1.1600 mark, and here’s why that matters right now: With the current geopolitical tensions and economic indicators fluctuating, this level could serve as a psychological barrier for traders. If the pair breaks below 1.1600, it may trigger further selling pressure, potentially leading to a test of lower support levels. Conversely, if it holds, we might see a bounce back, especially if any positive news emerges from the U.S. administration. Keep an eye on the daily chart for any signs of reversal patterns or volume spikes that could signal a shift in momentum. The real story is that while 1.1600 might seem modest, it’s a critical pivot point in the context of broader market sentiment. Traders should also consider how this level interacts with related assets, like U.S. Treasury yields, which can influence the dollar’s strength. Watch for any headlines that could impact market sentiment, as they can create volatility around this level.
📮 Takeaway
Monitor the EUR/USD at 1.1600 closely; a break below could lead to increased selling pressure, while a hold may signal a potential rebound.
