empty
InstaForex Loprais Team - Official participant of the Dakar rally
InstaForex Loprais Team - Official participant of the Dakar rally
This section is designed for those who are just starting their trading journey. InstaForex educational and analytical materials will meet your training needs. Our experts' recommendations will make your first steps to trading success simple and clear.
Start as Beginner
How to start trading
Useful information
Training and recordings
InstaForex innovative services are an essential element of productive investment. We strive to provide our clients with advanced technical capabilities and make their trading routine comfortable as we are recognized as the best broker in this regard.
Become Investor
PAMM System
ForexCopy System
Passive investments
Partnership with InstaForex is beneficial and top-tier. Join our affiliate programs and enjoy bonuses, partner rewards, and the possibility to travel with the team of the world-renowned brand.
Become Partner
Main Page
Partner Area
Advantages for Affiliates
Registration
This section contains the most lucrative offers from InstaForex. Receive bonuses when topping up an account, compete with other traders, and get real prizes even when trading in a demo account.
All Promo Campaigns
Bonuses
Contests
Events
Holidays with InstaForex are not only pleasant but also useful. We offer a one-stop portal, numerous forums, and corporate blogs, where traders can exchange experiences and become successfully integrated into the Forex community.
Full details
Forums
We are in social networks
Forex humour
Forex Portal
InstaForex is an international brand created in 2007. The company provides services for online FX trading and is recognized as one of the world's leading brokers. We have won the trust of more than 7,000,000 retail traders, who have already appreciated our reliability and focus on innovations.
Learn More
History
Why Choose Us
InstaSport
Regulation
Company News
Awards
InstaForex Stars
InstaForex Offline
Headquarters
Key documents
Social Responsibility
10.06.2025 12:38 AM
EUR/USD: Calm Before the Storm? The Market Awaits News from London
Open trading account Open demo account

The EUR/USD pair continues to trade within a 100-pip price range of 1.1350–1.1450, bouncing between its boundaries. Buyers are trying to hold within the 1.14 area, while sellers aim to pull the pair toward the base of the 1.13 level. However, the mixed fundamental backdrop doesn't support any sustainable price movement—neither upward nor downward. The dollar is in a holding pattern as the market awaits the outcome of the London talks and key U.S. inflation reports, which could trigger volatility in EUR/USD. The pair is now stuck in a sideways channel within this corridor.

This image is no longer relevant

The Dollar Plays Lead Again

Once again, the U.S. dollar plays the lead role in the EUR/USD pair. The euro quickly priced in the results of the June ECB meeting, where the central bank cut rates by 25 basis points and effectively announced a pause or end to the monetary easing cycle. Following Christine Lagarde's comments, EUR/USD approached the 1.15 area, updating a six-week high at 1.1495. However, sellers took over the initiative on the same day thanks to relatively solid Nonfarm Payroll data. Still, EUR/USD bears could not push the pair significantly lower: after reaching 1.1372, they rushed to take profits, dampening the bearish momentum. The pair has since drifted sideways, awaiting the next catalyst.

What Could Shake the Pair?

There are two key drivers: upcoming inflation data and developments in U.S.-China (or U.S.-EU) trade talks.

The negotiation track takes precedence in terms of importance. A new round of consultations between U.S. and Chinese officials began in London, marking another effort to restart dialogue between the superpowers. The previous attempt—after the Geneva meeting—ended in failure. Tensions escalated again until Trump and Xi Jinping agreed to resume negotiations during a recent phone call.

Following the Geneva meeting (May 11), the dollar strengthened significantly across the market. On Monday, the greenback also showed growth, but EUR/USD traders remain cautious—the pair is falling but still within its range.

Structure and Expectations

The meeting includes high-level representation: Vice Premier He Lifeng leads the Chinese delegation, while Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and U.S. Trade Representative Jameson Greer are on the U.S. side.

Top officials are expected to attempt to initiate systemic trade talks at the working group level. This seems likely, given the recent phone call between Trump and Xi. However, traders will closely monitor the post-meeting rhetoric: reserved comments—or silence—will likely be interpreted negatively for the U.S. dollar.

Given the current uncertainty, it makes sense to take a wait-and-see approach to EUR/USD. Surprisingly, optimistic comments could quickly support sellers, while cautious remarks (or a lack thereof) favor buyers.

The London negotiations are the top theme for this day, especially as Monday's economic calendar is nearly empty. In addition, a 10-day "quiet period" is now in effect ahead of the June Fed meeting.

Market Positioning and Upcoming Data

Traders have already reacted to last Friday's mixed Nonfarm Payroll report and are now looking ahead to key U.S. inflation data (CPI and PPI), due Wednesday and Thursday. According to forecasts, inflation is expected to accelerate in May as the effects of Trump's new tariff policy emerge. While the Fed is unlikely to draw strong conclusions from a single report, rising CPI and PPI against the backdrop of falling ISM indexes creates an unfavorable macro setup for the dollar. The "ghost of stagflation" could deter traders from the greenback, especially if the London talks end in disappointment.

Technical Outlook

On the D1 timeframe, the EUR/USD pair remains between the middle and upper lines of the Bollinger Bands and above all lines of the Ichimoku indicator, which continues to show a bullish "Parade of Lines" signal. These signals suggest a preference for long positions. However, given the ambiguous fundamentals, it's best not to rush into longs—the news from the UK could reshape the technical picture or confirm existing signals. For now, staying out of the market is the safer option until the preliminary London talks conclude.

Irina Manzenko,
Analytical expert of InstaForex
© 2007-2025
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
All Analytics
Forecast
USD/JPY: Simple Trading Tips for Beginner Traders on June 27th (U.S. Session) Trade Review and Recommendations for the Japanese Yen The price test of 144.59 occurred when the MACD had already moved significantly above the zero line, which limited the pair's upward
Jakub Novak
13:20 2025-06-27 +02:00
1255
Forecast
GBP/USD: Simple Trading Tips for Beginner Traders on June 27th (U.S. Session) Trade Analysis and Recommendations for the British Pound There were no tests of the levels I identified earlier in the day due to extremely low volatility. In the second half
Jakub Novak
13:16 2025-06-27 +02:00
1390
Breaking Forecast Trading Plan Cryptocurrencies USD/RUB Russian Economy Video Analysis
Trading Instruments
EURUSD GBPUSD USDCHF USDCAD USDJPY AUDUSD EURGBP EURJPY NZDUSD EURNZD Silver Gold #CL #USDX COVID-19 Bitcoin
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

The Yen Has Lost Its Bullish Momentum

The Consumer Price Index (CPI) in the Tokyo region declined in June from 3.4% to 3.1% year-over-year, marking the first signal so far that may indicate a slowdown in price
Kuvat Raharjo 12:21 2025-06-27 UTC+2

EUR/JPY. Analysis and Forecast

The EUR/JPY pair is regaining positive momentum during today's trading session, reversing its recent decline.The euro continues to benefit from the prevailing sentiment of selling the U.S. dollar
Irina Yanina 12:17 2025-06-27 UTC+2

Inflation in Canada Remains Too High – USD/CAD May Accelerate Its Decline

Inflation in Canada remains too high to expect a rate cut by the Bank of Canada at its upcoming meeting. In April, inflation sharply slowed to 1.7% y/y, and most
Kuvat Raharjo 11:16 2025-06-27 UTC+2

XAU/USD. Analysis and Forecast

Gold is drawing renewed selling interest today after breaking below the key $3300 level. Traders are awaiting the release of the U.S. Personal Consumption Expenditures (PCE) Price Index, which
Irina Yanina 10:47 2025-06-27 UTC+2

PCE Index Data Unlikely to Significantly Impact Market Dynamics (Potential for Renewed Growth in EUR/USD and Bitcoin)

The easing of tensions in the markets, following a pause in the military conflict in the Middle East, supports the return of the previous paradigm—an increase in demand for stocks
Pati Gani 09:52 2025-06-27 UTC+2

The Market Is Off the Leash

Greed has returned to the markets. While professionals warn about the need for caution amid geopolitical uncertainty, trade wars, and the state of the U.S. economy, retail investors are once
Marek Petkovich 09:16 2025-06-27 UTC+2

What to Pay Attention to on June 27? A Breakdown of Fundamental Events for Beginners

There are relatively few macroeconomic reports scheduled for Friday. Some experts refer to the PCE indicator as "important" and "the Fed's favorite," but we do not share that view
Paolo Greco 07:02 2025-06-27 UTC+2

GBP/USD Overview – June 27: History Doesn't Repeat Itself

The GBP/USD currency pair continued its strong upward movement throughout Thursday. Since the beginning of the week, the U.S. dollar has lost "only" 330 pips. As we've previously stated
Paolo Greco 03:41 2025-06-27 UTC+2

EUR/USD Overview – June 27: Can Trump Balance the Trade Deficit?

The EUR/USD currency pair is in a "free rise" (similar to the term "free fall"). The dollar is once again plunging into the abyss, just as we repeatedly warned. It's
Paolo Greco 03:41 2025-06-27 UTC+2

Powell, Trump, and Everyone Else

What will change with the arrival of a new Federal Reserve Chair? This is a rather important question, and the answer to it may already have implications for the U.S
Chin Zhao 00:08 2025-06-27 UTC+2

Top analytics

Relevance up to 01:00 2025-06-28 UTC--5
USD/JPY: Simple Trading Tips for Beginner Traders on June 27. Analysis of Yesterday's Forex Trades
08:50 2025-06-27
Forecast
Relevance up to 00:00 2025-06-28 UTC--5
XAU/USD. Analysis and Forecast
10:47 2025-06-27
Fundamental analysis
Relevance up to 22:00 2025-06-27 UTC--5
EUR/USD Forecast for June 27, 2025
05:13 2025-06-27
Technical analysis
Relevance up to 22:00 2025-06-27 UTC--5
USD/JPY Forecast for June 27, 2025
05:04 2025-06-27
Technical analysis
Relevance up to 22:00 2025-06-27 UTC--5
GBP/USD Forecast for June 27, 2025
05:07 2025-06-27
Technical analysis
Can't speak right now?
Ask your question in the chat.
Widget callback
Callback widget
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.