EUR/USD Analysis on July 8, 2025
EUR/USD Analysis on July 8, 2025
The wave pattern on the 4-hour
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The wave pattern on the 4-hour EUR/USD chart has remained consistent for several months. The upward trend segment continues to form, and the news backdrop continues to support all currencies except the U.S. dollar. The trade war initiated by Donald Trump was intended to increase budget revenues and reduce the trade deficit. However, these targets have yet to be achieved. Trade agreements are being signed slowly, and Trump's "One Big Law" is projected to raise the U.S. national debt by
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