Weekly Market Outlook - Forex & Metals Technical Analysis 17-AUG-2026
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🇺🇸🇨🇦 USDCAD – Technical Outlook

USDCAD has recently broken below a major structural level, which has now turned into a potential resistance area. This zone, highlighted in red, previously played an important role in price structure and could now act as resistance if price pulls back toward it.

🔴Major Resistance – Trend Continuation Zone (TCZ)

I’ll be monitoring this TCZ closely for potential short opportunities on the lower timeframes if price retraces back into the zone. However, I will only consider entering a trade if all technical entry conditions are fully met.

📍 Resistance Zone:
1.39688 – 1.40124

📊Market Structure Perspective

🔴Resistance holds: If price pulls back into the TCZ and sellers successfully defend the area, lower-timeframe bearish confirmation could provide a potential trend-continuation selling opportunity.

📉Selling pressure continues: If price continues lower without a pullback, I will not chase the market. I’ll wait for the next valid technical setup and confirmation.

🟢Break above resistance: A confirmed break and close above 1.40124 would weaken the bearish continuation scenario and could open the door for buyers toward the next major structural level.

⏳ Patience is key: No confirmation, no trade.

🚨Commentary

"USDCAD has broken below an important structural level, shifting our focus toward potential bearish continuation. Rather than chasing price after the breakout, I'll be watching for a healthy pullback into the 1.39688–1.40124 TCZ. If sellers step back in and all lower-timeframe entry conditions are met, this could provide a potential short opportunity. A clean break back above the zone would invalidate this scenario and shift the focus toward buyers."

⚠️Disclaimer:
This analysis is for educational purposes only and should not be considered financial advice. Always perform your own analysis and apply proper risk management before entering any trade.

🇬🇧 UK CPI – Fundamental Analysis

📅 Release Date: 19 August 2026
⏰ Time: 07:00 UK Time
🔥Impact: High
💷 Currency: GBP
🏦 Source: Office for National Statistics

📊Market Expectations

📈Forecast: 2.9%
📉Previous: 2.6%

📈Fundamental Analysis

UK inflation is expected to accelerate significantly from 2.6% to 2.9% in July. If confirmed, this would mark a reversal from the recent cooling trend and could become an important factor for the Bank of England’s interest-rate outlook.

🔹 Inflation expected to rise: A move from 2.6% to 2.9% would indicate that UK price pressures are picking up again. This would make it more difficult for the BoE to move toward a more accommodative monetary-policy stance.

🔹 BoE rate expectations: Higher inflation generally increases the probability that interest rates remain elevated for longer. If CPI surprises above 2.9%, markets could further reduce expectations for future rate cuts, potentially supporting GBP.

🔹 Tomorrow’s surprise matters: Because markets are already expecting inflation to rise to 2.9%, simply matching the forecast may generate a more limited reaction. The biggest GBP reaction could come from a meaningful deviation from expectations.

💷 Possible Scenarios

🟢Above 2.9%: Potentially bullish GBP — stronger inflation could reinforce a more hawkish BoE outlook.

🟡At 2.9%: Broadly neutral/mixed GBP — the increase in inflation is significant, but already expected and potentially priced in.

🔴Below 2.9%: Potentially bearish GBP, particularly if the miss is meaningful, as softer inflation could strengthen expectations for easier BoE policy.

📊Markets to Watch

💷 GBPUSD: Higher-than-expected CPI could support GBP and favour upside pressure, while a softer reading could weigh on the pair.

🇪🇺🇬🇧 EURGBP: A strong UK CPI surprise could favour downside pressure as GBP strengthens, while softer CPI could support EURGBP.

🇬🇧🇯🇵 GBPJPY: Could react strongly to any shift in UK rate expectations, although JPY fundamentals and broader risk sentiment remain important.

🚨Commentary

“UK inflation is forecast to rise sharply from 2.6% to 2.9%, putting tomorrow’s CPI release firmly in focus. The key will not simply be whether inflation rises, because markets already expect that — the important factor will be how the actual figure compares with the 2.9% forecast. A stronger reading could reinforce a higher-for-longer BoE outlook and support GBP, while a downside surprise could shift expectations in the opposite direction.”

⏳Wait for the data, then wait for technical confirmation. No confirmation, no trade.

⚠️Disclaimer:
This analysis is for educational purposes only and should not be considered financial advice. Always combine fundamental analysis with technical confirmation and proper risk management.

🇺🇸 U.S. EIA Crude Oil Inventories – Fundamental Analysis

📅 Release Date: 19 August 2026
⏰ Time: 15:30 UK Time
🔥Impact: High
🛢️ Market: Crude Oil / WTI
🏦 Source: U.S. Energy Information Administration

📊Previous Reading

📈Previous: +17.423M barrels
📊Forecast: Not currently shown

📈Fundamental Analysis

The upcoming EIA Crude Oil Inventories report will be closely watched after the previous release showed a very large 17.423 million-barrel build in U.S. crude inventories.

That previous build was fundamentally bearish for crude oil, as rising inventories generally indicate that supply is exceeding demand. Tomorrow’s release will therefore be important in determining whether that build was temporary or whether inventories continue to increase.

🔹 Previous inventory surge: A +17.423M build is unusually large. Another significant build would reinforce concerns about excess U.S. crude supply and could put additional pressure on oil prices.

🔹 A draw would change the picture: If tomorrow’s report shows inventories falling, particularly by more than markets expect, it could indicate stronger demand or tighter supply conditions and potentially support crude oil.

🔹 Size of the surprise matters: Once a forecast becomes available, the key comparison will be Actual vs Forecast, rather than simply Actual vs Previous.

🛢️ Possible Scenarios

🔴Larger-than-expected build: Bearish for crude oil — suggests increasing supply and/or weaker demand.

🟢Larger-than-expected draw: Bullish for crude oil — indicates tightening inventories and potentially stronger demand.

🟡Close to forecast: More neutral reaction, with traders likely returning their attention to technical structure and broader supply/demand conditions.

🌍Geopolitical Factor

With geopolitical risks still capable of affecting global energy supply, particularly developments involving the U.S., Iran and the Strait of Hormuz, oil may remain highly sensitive to headlines. A geopolitical escalation could support prices even alongside bearish inventory data, while signs of de-escalation could reduce the geopolitical risk premium.

Commentary

“After the previous massive 17.423M-barrel inventory build, tomorrow’s EIA report will be important for crude oil. Another strong build could reinforce the bearish supply picture, while a meaningful inventory draw could signal that last week’s increase was temporary and potentially bring buyers back into focus. As always, 🚨we won’t trade the number alone — we’ll wait for the data, observe the market reaction and look for technical confirmation.”

⏳No confirmation, no trade.

⚠️Disclaimer:
This analysis is for educational purposes only and should not be considered financial advice. Always combine fundamental analysis with technical confirmation and proper risk management.

Gold & Silver Breakout | Next key level to watch | Technical Analysis
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🇺🇸 U.S. Initial Jobless Claims – Fundamental Analysis

📅 Release Date: 20 August 2026
⏰ Time: 13:30 UK Time
🔥 Impact: High
💵 Currency: USD
🏦 Source: U.S. Department of Labor

📊 Market Expectations

📈 Forecast: 210K
📊Previous: 209K

📈 Fundamental Analysis

U.S. Initial Jobless Claims will be closely watched for fresh indications of the strength of the U.S. labour market.

Markets are expecting 210K new claims, almost unchanged from the previous 209K. This means expectations are relatively neutral going into the release, so a meaningful deviation from 210K could generate the stronger market reaction.

Initial Jobless Claims measure the number of Americans filing for unemployment benefits for the first time. Generally, lower claims indicate a stronger labour market, while higher claims can indicate increasing weakness.

This is particularly important because labour-market conditions can influence expectations surrounding the Federal Reserve’s future interest-rate policy.

🎯 Possible Market Scenarios

🟢Actual BELOW 210K:
Stronger-than-expected labour market → potentially bullish USD and bearish pressure on Gold.

🔴Actual ABOVE 210K:
Signs of a softer labour market → potentially bearish USD and supportive for Gold, as markets could lean toward a more dovish Fed outlook.

🟡Actual around 209K–210K:
Broadly in line with expectations → potentially limited initial fundamental impact, with technical structure likely becoming more important.

🚨View

The forecast is only 1K above the previous reading, so the market is essentially expecting stability in jobless claims.

The important factor won’t simply be whether claims rise or fall — it will be how far the actual number deviates from the 210K forecast.

A substantial upside surprise could raise concerns about labour-market weakness, while a significant downside surprise would reinforce the view that employment conditions remain resilient.

⚠️Trading Approach:
Don’t chase the first move after the release. High-impact U.S. data can produce sharp volatility and false initial reactions. Allow the market to digest the figures and combine the fundamental outcome with technical confirmation.

No confirmation, no trade. 📊

⚠️Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always use proper risk management.

🇳🇿🇺🇸 NZDUSD – Technical Outlook

📊Market Structure

NZDUSD has a major CTZ (Counter Trade Zone) above the current price, highlighted in red. This area has previously acted as a significant rejection zone, making it an important level to monitor if price pushes higher.

🔴Resistance / CTZ: 0.60513 – 0.61003

📉Trading Plan

If price reaches this CTZ, I’ll be monitoring the lower timeframes closely for potential selling opportunities.

However, simply reaching the zone is not enough to enter a trade. I will only consider a short position if all of my technical entry conditions are met, particularly confirmation from price action on timeframes such as H1 or H4.

📈Alternative Scenario

If price manages to break and establish itself above 0.61003, the bearish setup would weaken and this could open the door for further buying momentum.

🎯Key Focus:
Rejection from CTZ → Look for confirmed selling opportunities
Break above CTZ → Buyers could take control

⚠️No confirmation, no trade.

Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always use proper risk management.

₿ BITCOIN (BTC) – Technical Outlook

📊Previous Analysis

Bitcoin has reacted beautifully to the technical structures we identified earlier.

📉The bearish Head & Shoulders pattern near the highs successfully signalled the downside move.

📈Later, price formed a bullish inverse Head & Shoulders around the lower support area, which also reacted strongly and pushed BTC higher.

This is another good example of why we focus on price action, structure and confirmation rather than simply predicting where the market will go.

🔴Major Resistance Ahead

Bitcoin is now making a strong move towards the major resistance zone around $82,350 – $85,500, highlighted in red on the chart.

This is a significant structure area where heavy selling pressure could potentially enter the market.

However, an important point: reaching resistance does not automatically mean Bitcoin will reverse.

If sellers step in and we receive proper bearish confirmation, this area could produce a meaningful rejection or correction.

🚀On the other hand, if Bitcoin maintains its bullish momentum and breaks convincingly above this resistance zone, it could open the door for buyers to push towards further highs.

⚠️RSI is also currently showing overbought conditions, so chasing the current move with FOMO carries additional risk. Overbought does not necessarily mean price must fall, but it gives us another reason to watch the upcoming resistance carefully.

🎯Key Focus:
Rejection + bearish confirmation → potential selling pressure
Clean breakout above resistance → further upside becomes possible

The level gives us the location — price action gives us the confirmation.

📌No confirmation, no trade.

⚠️Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always use proper risk management.

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🇺🇸🇨🇦 USDCAD – Technical Outlook
📊Market Structure

USDCAD recently broke below a major structure level, which had previously acted as an important reaction area. Following the breakout, this area can now potentially act as resistance if price pulls back towards it.

🔴Resistance Zone: 1.39688 – 1.40124

📉Trading Plan
I’ll be monitoring this zone closely for potential selling opportunities on lower timeframes if price retraces back into the area.
However, a pullback into the zone alone is not enough for an entry. I will only consider a short position if my technical entry conditions and bearish price-action confirmation are present.

📈Alternative Scenario
If price manages to break and establish itself back above 1.40124, the bearish outlook would weaken and this could open the door for buyers and further upside.

🎯Key Focus: Pullback + bearish confirmation → potential selling opportunity Break above resistance → buyers could regain control

📌 No confirmation, no trade.
⚠️Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always use proper risk management.

🇩🇪 German GDP (QoQ) – Post Fundamental Analysis

📅 Release Date: 25 August 2026
🔥Impact: High
💶 Currency: EUR
🏦 Source: German Federal Statistical Office

📊 Released Data

📈Actual: +0.3%
📊Forecast: +0.2%
📉Previous: +0.4%

📈Fundamental Analysis

Germany’s economy expanded by 0.3% quarter-on-quarter in Q2, beating market expectations of 0.2%.

This is a positive surprise for the euro, as economic growth came in stronger than economists expected.

However, there is an important detail: growth still slowed from the previous quarter’s 0.4% to 0.3%. So while today’s result beat expectations, it doesn’t necessarily signal a major acceleration in the German economy.

🇩🇪Germany is the euro area’s largest economy, meaning stronger German growth can improve confidence around the wider Eurozone outlook and potentially influence expectations surrounding future ECB monetary policy.

💶 Potential EUR Impact

🟢Short-term: Mildly Bullish EUR

The 0.3% actual vs 0.2% forecast is supportive for the euro because the economy performed better than markets anticipated.

However, because the surprise is only 0.1 percentage point and growth slowed from the previous quarter, I would classify this as moderately positive rather than strongly bullish.

🎯Money Markers View

Today’s GDP report gives the EUR a positive fundamental signal, but one economic release alone isn’t enough to determine the broader direction of the currency.

The next important question is whether upcoming Eurozone inflation, employment and activity data support the same picture.

As always, we combine the fundamental bias with technical structure and price-action confirmation rather than chasing the initial reaction.

📌 Fundamental Bias: Mildly Bullish EUR 🟢

⚠️Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always use proper risk management.

🇺🇸 U.S. CB Consumer Confidence – Post Fundamental Analysis

📅 Release Date: 25 August 2026
🔥Impact: High
💵 Currency: USD
🏦 Source: Conference Board

📊Released Data

🔴Actual: 89.4
📊Forecast: 90.3
📉Previous: 90.2

📉 Fundamental Analysis

U.S. Consumer Confidence came in at 89.4, below the market forecast of 90.3 and also below the previous reading of 90.2.

This represents a weaker-than-expected reading and suggests U.S. consumers have become slightly less confident about economic conditions.

Consumer confidence is important because consumer spending represents a major part of U.S. economic activity. When confidence weakens, households may become more cautious with spending, which can potentially weigh on future economic growth.

The broader trend is also worth watching. Consumer confidence has declined considerably from the higher levels seen in 2024 and is currently sitting around the lower end of its recent range.

💵 Potential USD Impact

🔴Short-term: Mildly Bearish USD

The miss against both the forecast and previous reading is fundamentally negative for the dollar.

However, the deviation is relatively small — 89.4 vs 90.3 expected — so this alone may not be enough to generate a sustained USD move.

🟡Markets will likely place greater weight on upcoming inflation, employment and Federal Reserve data when assessing the broader USD outlook.

🥇 Gold & Markets

📉USD: Mildly bearish
📈Gold: Potentially supportive
📈U.S. Indices: Mixed — weaker confidence can raise growth concerns, although increased expectations for easier Fed policy could provide some support.

🎯 View

Today’s report adds a small negative signal to the USD fundamental picture, but it shouldn’t be treated as a major standalone change in trend.

The important thing now is whether upcoming U.S. data confirms a broader slowdown or whether today’s weakness proves temporary.

As always, we don’t trade the number alone. Fundamentals provide context; technical structure and price-action confirmation determine the setup.

📌Fundamental Bias from this release: Mildly Bearish USD 🔴

⚠️Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always use proper risk management.

🇳🇿🇺🇸 NZDUSD – Technical Outlook

📊Market Structure
NZDUSD has a major CTZ (Counter Trade Zone) above the current price, highlighted in red. This area has previously acted as a significant rejection zone and remains an important level to monitor.

🔴Resistance / CTZ: 0.60513 – 0.61003

📉Trading Plan
If price moves back towards this CTZ, I’ll be monitoring closely for potential selling opportunities.
However, reaching the resistance zone alone is not enough to enter a trade. I will only consider a short position if all of my technical entry conditions are met, with confirmation from price action on lower

timeframes such as H1 or H4.

📈Alternative Scenario
If NZDUSD manages to break and establish itself above 0.61003, the resistance could be invalidated and this would open the door for buyers and potentially further upside.

🎯Key Focus:
🔴Rejection + bearish confirmation → Potential selling opportunity 🟢Break above CTZ → Buyers could take control

📌No confirmation, no trade.

⚠️Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always use proper risk management.

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🇺🇸 U.S. GDP (QoQ) – Post Fundamental Analysis

📅 Release Date: 26 August 2026
🔥Impact: High
💵 Currency: USD
🏦 Source: U.S. Bureau of Economic Analysis

📊Released Data

📊Actual: 1.5%
🎯 Forecast: 1.5%
📈Previous: 2.1%

📉Fundamental Analysis

U.S. GDP grew at an annualised rate of 1.5% in Q2, exactly matching the market forecast of 1.5%.

Because the result came directly in line with expectations, there is no major surprise for markets from the headline figure itself.

However, the more important point is the slowdown compared with the previous 2.1% growth rate. Growth has dropped from 2.1% to 1.5%, indicating that the U.S. economy expanded at a slower pace during Q2.

That creates a slightly softer fundamental picture for the U.S. economy, even though today’s number wasn’t worse than markets expected.

💵 Potential USD Impact

🟡Immediate impact: Neutral USD

Since Actual = Forecast, much of this result was already priced into the market, so the headline GDP number alone may have a limited effect on the dollar.

🔴Broader interpretation: Slightly Bearish USD

The slowdown from 2.1% → 1.5% suggests economic momentum is cooling. If other U.S. indicators — particularly employment, consumer spending and inflation — also weaken, markets could increase expectations for a more dovish Federal Reserve.

However, one GDP reading alone isn’t enough to establish that trend.

🥇 Potential Market Reaction

💵 USD: Neutral initially / slightly bearish broader picture
🥇 Gold: Potentially mildly supportive if USD and yields weaken
📈U.S. Indices: Mixed — slower growth is negative economically, but expectations of easier monetary policy could provide support.

🎯View

The key takeaway here isn’t a GDP miss — there wasn’t one.

The result landed exactly where markets expected at 1.5%, so today’s headline provides little reason for an aggressive immediate repricing.

What deserves attention is the slowdown from 2.1% to 1.5%. If upcoming U.S. data confirms that economic momentum is continuing to weaken, that could become increasingly important for future Fed policy expectations and the USD outlook.

📌Fundamental Bias from this release: NEUTRAL → SLIGHTLY BEARISH USD 🟡🔴

As always, don’t trade the number alone. Wait for price-action confirmation.

⚠️Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always use proper risk managem

🇺🇸 U.S. EIA Crude Oil Inventories – Post Fundamental Analysis

📅 Release Date: 26 August 2026
🔥Impact: High
🛢️ Asset: Crude Oil
🏦 Source: U.S. Energy Information Administration

📊Released Data

📈Actual: +0.095M
🎯Forecast: +1.600M
📊Previous: +4.405M

📈Fundamental Analysis

U.S. crude oil inventories increased by only 95,000 barrels, significantly below the expected 1.6 million-barrel build and sharply lower than the previous 4.405 million-barrel increase.

Although inventories technically recorded a small build, the figure was considerably better than forecast and indicates that crude supplies rose far less than anticipated. This is generally considered bullish for crude oil, as it suggests a relatively tighter supply-and-demand balance.

🟢Initial Fundamental Bias: Bullish for Crude Oil

However, traders should also monitor gasoline and distillate inventories, refinery activity, U.S. production levels and the market’s technical reaction before confirming the next directional move.

⚠️Disclaimer: This analysis is for educational purposes only and should not be considered financial or trading advice. Always manage your risk carefully.

🇦🇺 AUDUSD

This pair has a major structure level above, highlighted in red, which has previously acted as a significant area of value and rejection.

📊Technical Analysis

I’ll be monitoring this CTZ zone closely for potential short opportunities on the lower timeframes. However, I will only consider a trade if all technical entry conditions are met on lower timeframes such as H1 or H4.

On the other hand, a confirmed break above this resistance zone could invalidate the bearish setup and open the door for buyers, potentially shifting the short-term directional bias.

🔴Resistance Zone: 0.72300 – 0.72691

⚠️Trade Confirmation

No confirmation, no trade. Price reaching the zone alone is not considered a valid entry; lower-timeframe confirmation and appropriate risk management remain essential.

⚠️ Disclaimer: This analysis is for educational purposes only and should not be considered financial or trading advice. Always conduct your own analysis and manage risk appropriately.

🇨🇦 Canada GDP (QoQ) – Post Fundamental Analysis

📅 Release Date: 28 August 2026
🔥Impact: High
💵 Currency: CAD
🏦 Source: Statistics Canada

📊Released Data

🟢Actual: +0.8%
➖ Forecast: Not available
📊Previous: +0.1%

📈 Fundamental Analysis

Canada’s economy expanded by 0.8% in Q2, a substantial improvement from the previous quarter’s 0.1% growth.

The important point here is the acceleration:

Q1: +0.1% → Q2: +0.8% 📈

This indicates considerably stronger economic activity during the second quarter and reduces concerns about near-term economic stagnation.

There is no published consensus forecast shown, so we cannot correctly call this a “beat” or “miss.” However, compared with the previous quarter, the direction is clearly positive.

🇨🇦 Potential CAD Impact

🟢Fundamental Bias: BULLISH CAD

Stronger economic growth can support the Canadian dollar because it potentially reduces pressure on the Bank of Canada to ease monetary policy aggressively.

If stronger GDP is accompanied by resilient employment and inflation, markets may reassess expectations for future BoC policy in a more hawkish direction.

💱 Potential Market Reaction

🟢CAD: Positive / Bullish
📉 USDCAD: Potential bearish pressure from the CAD side
📈 CADJPY: Potentially supportive
📉 EURCAD / GBPCAD: Potential downside pressure from CAD strength

However, CAD pairs will also depend heavily on the opposing currency and broader risk sentiment.

🎯 View

The key takeaway is the acceleration in Canadian economic growth.

Moving from just 0.1% growth to 0.8% represents a meaningful improvement in economic momentum and is fundamentally supportive for CAD.

But because no consensus forecast is provided, we shouldn’t describe the release itself as an upside surprise. The next question is whether upcoming Canadian employment and inflation data confirm this stronger economic picture.

📌Fundamental Bias from this release: BULLISH CAD 🟢🇨🇦

No confirmation, no trade.

⚠️This analysis is for educational purposes only and should not be considered financial advice. Always use proper risk management.

https://youtu.be/dYz4-lJNrXI

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🇩🇪🇪🇺 Germany CPI (MoM) – Post Fundamental Analysis

📅 Release Date: 31 August 2026
🔥 Impact: High
💶 Currency: EUR
🏦 Source: Federal Statistical Office Germany

📊Released Data

🔴Actual: +0.2%
🎯 Forecast: +0.3%
📊Previous: +0.8%

📉Fundamental Analysis

German consumer inflation increased by only 0.2% month-on-month in August, coming below the 0.3% forecast and slowing sharply from the previous 0.8% increase.

This gives us two important signals:

0.8% Previous → 0.2% Actual 📉
0.2% Actual < 0.3% Forecast 🔴

Germany is the euro area’s largest economy, so softer German inflation can influence expectations for the broader Eurozone inflation picture and, consequently, expectations surrounding ECB monetary policy.

Lower-than-expected inflation generally reduces the pressure on the ECB to maintain restrictive monetary policy. If this cooling trend is confirmed by broader Eurozone inflation data, markets could price a relatively more dovish ECB outlook.

💶 Potential EUR Impact

🔴Fundamental Bias from this release: BEARISH EUR

The immediate fundamental interpretation is negative for the euro because:

📉Inflation missed expectations
📉Monthly inflation slowed significantly from July
🏦 Softer inflation reduces pressure for restrictive ECB policy
💶 This can weigh on EUR, particularly if upcoming Eurozone data confirms the trend

💱 Potential Market Reaction

📉EURUSD: Bearish EUR pressure
📉EURJPY: Potential downside from the EUR side

📈EURGBP: Could face downside pressure if GBP fundamentals remain comparatively stronger

📉EURCHF: Potential downside pressure from EUR weakness

Of course, the second currency in each pair matters, so this isn’t automatically a trade signal.

📊 View

This is a soft inflation release for Germany.

The combination of a forecast miss (0.2% vs 0.3%) and a substantial slowdown from 0.8% to 0.2% provides a bearish fundamental input for EUR.

However, one German CPI release alone shouldn’t determine the entire EUR outlook. The stronger confirmation would come from Eurozone-wide inflation data and subsequent ECB expectations.

📌Post-release bias: BEARISH EUR 🔴🇪🇺

No confirmation, no trade.

⚠️This analysis is for educational purposes only and should not be considered financial advice. Always combine fundamentals with technical confirmation and proper risk management.