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This will keep the eurusd going more down.
As usual the Non-Farm Payrolls had quite the effect on the market and provoked a lot of volatility. Whatever their effect I think the downward trend is as strong as ever and will reach 1.2200, perhaps even 1.2000.
Have a great weekend, everyone!
Well, this was whipsaw 101. Usual NFP day
Including the last push up. Profit collecting at its best (nobody believes anybody)
Including the last push up. Profit collecting at its best (nobody believes anybody)
I think that it is more NFP data manipulation (again) only to lower this time. FED and their VE
I think that it is more NFP data manipulation (again) only to lower this time. FED and their VE
We are going to see more and more of rigged data now. That is what VE is all bout
We are going to see more and more of rigged data now. That is what VE is all bout
Yep. even the last month NFP data was revised - but to higher now. Meaning that the last month data was already "adjusted"
Long to short ratios before the market open :
Minimal gap up (1.2462 at Bloomberg)
The gap is rising : 1.2478
Now that the artificial gap is closed we can see a clear continuation - up. Currency wars at its best