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Maybe NFP on Friday will be make some changes on the current unstoppable falling.
Well, let's see.
Maybe NFP on Friday will be make some changes on the current unstoppable falling.
I doubt it
For a long time NFP data is rigged (with part time jobs numbers instead of full time jobs numbers and "seasonal adjustment" used to produce whatever number they wish out of the thin air). Fundamentals are just triggers for hfts now
We are having the usual slowdown before the next push down. Trend is still a strong bearish. Look for peaks to sell
We are having the usual slowdown before the next push down. Trend is still a strong bearish. Look for peaks to sell
We are close to straight forward falling down. Hard to find any peak
We are close to straight forward falling down. Hard to find any peak
Just sell at Asian session
Just sell at Asian session
Might be the best trading strategy in the next couple of months
EUR/USD broke below 1.1800 and fell even lower, reaching 1.1750, but finally formed a hammer candlestick in the four hour filter chart. Considering how oversold the pair is that hammer is likely a signal for a consolidation. That said, I think the pair will eventually reach 1.1700 sooner or later.
We are having the usual slowdown before the next push down. Trend is still a strong bearish. Look for peaks to sell
Interesting, thank you.
EUR/USD broke below 1.1800 and fell even lower, reaching 1.1750, but finally formed a hammer candlestick in the four hour filter chart. Considering how oversold the pair is that hammer is likely a signal for a consolidation. That said, I think the pair will eventually reach 1.1700 sooner or later.
It will
But it looks dangerously manipulated
NFP day
Expecting worse than expected NFP data (the usual : cold, holidays, ...) and a classical Friday profit taking