TRUMP’S TARIFF CHAOS: USD PLUMMETS AS TRADE WAR HEATS UP!

Brace yourselves, folks! The EUR/USD pair has taken a dramatic dive to 1.1746, sending shockwaves through the market as the dollar crumbles under the weight of Donald Trump’s latest bombshell tariffs! This is not a drill!

Trump has launched a trade shockwave, slapping a staggering 25% duty on goods from a whopping 14 countries, including heavyweights like Japan and South Korea. Get ready for chaos as these exporters face the financial hit starting this August!

But that’s not all! The president has issued an executive order to delay reciprocal tariffs from July 9 to August 1, giving everyone a little extra time for negotiations. But can you feel the tension? It’s palpable!

And just when you thought it couldn’t get crazier, Trump is hinting at MORE tariffs—this time targeting nations in cahoots with the anti-American BRICS alliance during their summit in Brazil! Buckle up; it’s going to be a bumpy ride!

Just last week, the dollar was riding high as trade tensions seemed to ease, but that’s all gone now! A robust June labor report painted a rosy picture, but now speculation about the Fed’s next move is swirling like a storm! Say goodbye to any hopes of a July rate cut!

SCARY TECH ANALYSIS: EUR/USD FLUCTUATIONS!

H4 Chart: ROLLERCOASTER RIDE!

On the H4 chart, it’s a wild ride as EUR/USD surges to 1.1747, trying to stabilize but forming an uncertain consolidation range. Will it shoot up to 1.1760 or nosedive to 1.1650? It’s anyone’s guess! If it breaks through, we could see gains rocket up to 1.1885! But beware—falling below could plunge us to 1.1611 and beyond!

H1 Chart: RED ALERT!

On the H1 chart, it’s a nail-biting wait as EUR/USD hovers around 1.1717. An uptick to 1.1777 seems possible, but beware of the dark clouds ahead—momentum is teetering, and a tumble to 1.1700 could strike at any second, dragging us down to 1.1611!

CONCLUSION: TURBULENT TIMES AHEAD!

The EUR/USD is under siege with tariff uncertainties wreaking havoc and shaky expectations for the Fed! Key support levels loom at 1.1650 (H4) and 1.1611 (H1), and if they break, we could be staring at a free fall of epic proportions! On the flip side, a breakout could signal a glimmer of hope for a short-term recovery.

WARNING: FOR YOUR EYES ONLY! These forecasts are just the author’s personal sensationalist take. This is not trading advice—proceed at your own risk!

By the Drama-Infused Analytical Team