Last Friday, Non-Farm Payrolls is out. This is like fuel for usd and affects everyone, especially EUR / USD and GBP / USD. On Friday the report came out a mixture. People are confused and prices swing up and down. I was on the losing side of trade but the swing at one point, was 30 pips, but because generally Marketiva news block for hours, finally ending at a lost. Well anyway its currency. If you do not lose in forex you do not feel the emotion.
Anyway I will review some peers. Maybe some of you can find a retailer in my review. As for me I am currently off the market waiting to come to the senses. Currently, all couples are in extreme oversold or overbought.
EUR / USD
Currently 1.2532 after falling nearly 200 pips. She is currently on a downtrend thin with a possible target of 1.2450. For those of you who are already in a short position, it is possible to maintain the final position with stop loss of his choice. For me I only consider entering 1.2450, depending on the strength of the force.
GBP / USD
Currently as 1.8540 and EUR / USD drops like a rock on the NFP report out. Possible target is 1.8200. Looks like a return very soon. Just watch the trend and momentum for a possible entry. I'll be watching this.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment