Price action OCT 30th
EURUSD remained bought throughout the day. The preference is buying at 1.06. We will wait for the European opening tomorrow if we have a valid retracement until 1.06 to return for purchases until TP 1.0610 and 1.0620. If, on the other hand, buyers begin their day with buying pressure from 1.0610/1.0620, then purchases extend to […]
Fx market update week 19th to 23rd trading online
EURUSD remains buyer within the levels above 1.09. It is estimated that the market could anticipate the testimony of Jerome Powell boosting the dollar this week. Euro could see significant profit taking below 1.09 to 1.0850 ahead of negative production data this Friday. Attention with levels between 1.0950 and 1.0960 ideally do not keep buying […]
United States Closes Its Year With Less Than 5% Unemployment
The United States closes its year with unemployment of 4.2% from 6.7% in January 2021. The final production of the services sector closes this 2021 with 69.1% increasing from 57.2%. Both data gave a weekly close with a strong dollar only at the USDCAD cross. The rest of the fx crosses were kept out of […]