Risk Disclaimer: The example below is for illustrative purposes only and is based on price movements derived from Contracts for Difference (CFDs). The calculations reflect hypothetical outcomes using historical or specified price data for the relevant instrument on the stated date and are not indicative of future performance. Any reliance placed on this material is strictly at the user’s own risk.
Weekly Special Report: EUR/USD
GEOPOLITICS: MIDDLE EAST WAR
- EVENT: U.S. PRESIDENT TRUMP SAID U.S. - IRAN MEETING COULD HAPPEN OVER THE COMING WEEKEND (APRIL 18- 19). President Donald Trump said the next meeting between the United States and Iran may take place over the weekend, adding to optimism that the Iran war could be nearing an end. Trump said Iran had offered not to possess nuclear weapons for more than 20 years.
- BREAKING (APRIL 8): U.S. PRESIDENT TRUMP ANNOUNCED A TWO-WEEK CEASEFIRE IN THE MIDDLE EAST WAR. The markets rose in value after US President Trump announced a two-week ceasefire with Iran. The optimism could provide further support to the EUR/USD price, especially if the peace talks show progress.
Source: Reuters
EVENTS:
- TUESDAY, APRIL 21 AT 13:30 GMT+1: U.S. RETAIL SALES (MARCH). U.S. Retail Sales rose 3.71% annually in February, exceeding the increase seen in January (+3.71%). If, however, March data comes in weak, this could put negative pressure on the U.S. dollar, supporting the EUR/USD currency pair.
- THURSDAY, APRIL 23 AT 09:00 GMT+1: EUROZONE MANUFACTURING AND SERVICES PMI (APRIL). The Eurozone Manufacturing Activity (PMI) index rose to 51.6 in March, up from 50.8 in February. If the trend remains positive in April, the euro could be expected to see a boost.
- THURSDAY, APRIL 23 AT 15:30 GMT+1: U.S. WEEKLY INITIAL JOBLESS CLAIMS. The weekly U.S. report shows how many people file for jobless claims for the first time. If the data shows an increase in first-time jobless claims, the U.S. dollar could come under negative pressure, potentially supporting EUR/USD.
CENTRAL BANKS
- WEDNESDAY, APRIL 29 AT 19:00 GMT+1: US FEDERAL RESERVE (FED) INTEREST RATE DECISION. The US Fed is scheduled to meet next on April 29 and will announce its latest interest rate decision at 19:00 GMT+1. The press conference, hosted by Fed Chair Jerome Powell, will begin at 19:30 GMT+1. The Fed’s benchmark rate currently stands at 3.75%, and it remains unclear how many rate cuts may follow in 2026, if any. Each upcoming Fed meeting provides investors with an opportunity to assess what lies ahead in terms of monetary policy in the U.S. economy.
- THURSDAY, APRIL 30 AT 13:15 GMT+1: EUROPEAN CENTRAL BANK (ECB) INTEREST RATE DECISION. The European Central Bank (ECB) is set to meet next on April 30 and will announce its latest interest rate decision at 13:15 GMT+1. The press conference, hosted by President Christine Lagarde, will begin at 13:45 GMT+1. The ECB’s benchmark rate currently stands at 2.15%, and there are rising chances of a rate hike after headline inflation in the Eurozone increased to 2.5% in March from 1.9% in February.
TECHNICAL ANALYSIS AND PRICE ACTION:
- SUPPORT AREA: 1.1600 - 1.1500. After rising more than 2% following U.S. President Trump’s announcement of a two-week ceasefire in the Middle East war, EUR/USD has now moved back above the 1.1600 - 1.1500 region, which has acted as a support area since June 2025. However, the price can also decrease.
- FORECAST: Deutsche Bank forecasts 1.2000.

GRAPH (Daily): January 2026 – April 2026
Please note that past performance does not guarantee future results
EUR/USD, April 17, 2026
Current Price: 1.1785
Example of calculation based on weekly market trend for 1.00 Lot1
|
EUR/USD
|
|
Pivot Points
|
Resistance 3
|
Resistance 2
|
Resistance 1
|
Support 1
|
Support 2
|
Support 3
|
|
Profit or loss in $
|
2,950
|
2,150
|
1,450
|
-1,350
|
-1,550
|
-1,850
|
|
Profit or loss in €2
|
1,645
|
1,199
|
808
|
-753
|
-864
|
-1,031
|
|
Profit or loss in £2
|
2,180
|
1,589
|
1,072
|
-998
|
-1,146
|
-1,367
|
|
Profit or loss in C$2
|
4,033
|
2,939
|
1,982
|
-1,845
|
-2,119
|
-2,529
|
- The above calculations are made based on 1.00 lot which is equivalent of 100,000 units
- Calculations for exchange rate used as of 10:00 (GMT+1) 17/04/2026
You can use risk management tools such as Stop-Loss and Take-Profit.