Deprecated: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in /home2/onlinesh/public_html/freemoneyforum.net/Sources/Load.php(225) : runtime-created function on line 3
EURUSD: all eyes on NFP
  Freemoneyforum.net Welcome, Guest. Please login or register.
Did you miss your activation email?
August 19, 2019, 05:07:04 AM
Home Help Search Login Register

Trading Forex Crypto MBC Nymex EXNESS
Trading Crypto currencies CFD 24/7 EXNESS
Binary option Crypto currencies 24/7 Olymptrade
InstaForex - the best broker in Asia InstaForex

+  MAKE MONEY ONLINE || FreeMoneyForum.Net
|-+  Online earnning
| |-+  Forex
| | |-+  EURUSD: all eyes on NFP
« previous next »
Pages: [1] Print
Author Topic: EURUSD: all eyes on NFP  (Read 149 times)
GersonH
Newbie
*
Posts: 17


View Profile Email
« on: September 10, 2018, 03:13:23 AM »

Current situation:


In order for this week’s trading to close at my projected level around 1.1580, the bears need to go on the attack today. For the time being, they’re holding off ahead of today’s NFP report in the US, which comes out at 15:30 (GMT+3).

If the NFP report disappoints market participants today, there’s a risk of returning to 1.1720 over the following 3 hours. I don’t make market predictions on payrolls day. If the actual figures significantly diverge from projections, we can expect volatility within a 100 – 150 pip range.

There aren’t any important news releases from Europe expected. The market often consolidates within a narrow range ahead of the NFP report. Don’t be surprised if the pair continues to trade at around 1.1635 up until 15:30 (GMT+3).

Markets are jittery over the possibility of even more tariffs being imposed on Chinese imports to the US, so pressure on the euro will remain even if it moves upwards at 15:30

See more forex trading ideas daily here!
Logged
Pages: [1] Print 
« previous next »
Jump to:  


Login with username, password and session length

Powered by MySQL Powered by PHP Powered by SMF 1.1.11 | SMF © 2006-2008, Simple Machines LLC Valid XHTML 1.0! Valid CSS!
Page created in 0.027 seconds with 18 queries.