Forum

The VERY important level for EURO

I think the 1.3610 will be a major resistance for the euro in the days to come.(it is close to the 1.3633 78.6% fib level April high - May low) For the last couple of days it was the daily high, moreover it was the highest level the price visited since May 2nd. A break through 1.3610 and 1.3633 will

Good Friday NFP and GBP/USD

Non-farm payroll increased by 180K in March after a 113K gain in February. (revised from 97K). Economists had forecast a number close to 134K. Just after the release we saw dollar strengthening across the board, since positive NFP numbers might postpone the much expected Fed rate cut. However