
There are several pieces of news that needed our attention.
Don’t waste your time – keep track of how NFP affects the US dollar!
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EUR/USD seems weak. The pair is likely to reach the lows of August 19 at 1.1670, if it breaks through the psychological mark of 1.1700. On the flip side, if it manages to jump above the recent high of 1.1740, it may rally to the 50-day moving average of 1.1775.
Gold has reversed up from the strong support level of $1750. It lies at both the lower line of the triangle pattern and the 100-day moving average. It may reach the resistance level of $1780 soon if the uptrend continues. The jump above it will push the pair up to the psychological mark of $1800.
USD/JPY has jumped above the resistance level of 110.50 and pulled back. Indeed, the rally was quite fast and the pair needs a break. It can be just a short sell-off before further growth to 111.00. Support levels are 110.50 and 110.00.
There are several pieces of news that needed our attention.
A new trading week is coming…
News is always important part of the market. What do we expect today?
There are several pieces of news that needed our attention.
Here is the digest with the most interesting news for today
A new trading week is coming…
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