W1 price broke yearly Central Pivot at 1.1101 on close weekly bar for the bullish reversal. The price is crossing 1.1247 resistance for now for the bullish market condition to be continuing. If W1 price will break 1.1247 resistance level on close bar so the bullish reversal will be continuing. If not so the price will be on bearish ranging within the levels. ...
Weekly price was on bearish ranging market condition located within 1.0707 support and 1.1059 resistance level. Price broke 1.1059 resistance to above on Friday with the good breakout to be started on open bar: the 'reversal' Senkou Span line is going to be broken by the price to above for the possible reversal of the price movement from the primary bearish to the ranging bullish market condition. Chinkou Span line is breaking the price to above for the bullish breakout to be continuing in the near ...
Employment in the U.S. rose by less than expected in the month of January, according to a report released by the Labor Department on Friday, although the unemployment rate still edged lower. The Labor Department said non-farm payroll employment climbed by 151,000 jobs in January. EURUSD M5: 133 pips range price movement by Non-Farm Employment Change news event: more...
Trading the News: U.S. Non-Farm Payrolls Another 190K expansion in Non-Farm Payrolls (NFP) may boost the appeal of the greenback as the U.S. economy approaches ‘full-employment,’ but a marked slowdown in wage growth may fuel the near-term rally in EUR/USD as it dampens bets for a Fed rate-hike in the first-half of 2016. What’s Expected: Why Is This Event Important: Even though the Federal ...
Trading the News: U.S. ISM Non-Manufacturing A slowdown in the ISM Non-Manufacturing survey may produce headwinds for the greenback and spur a near-term rally in EUR/USD as fears of a slowing recovery dampens bets for a Fed rate-hike in the first-half of 2016. What’s Expected: Why Is This Event Important: Even though the Federal Open Market Committee (FOMC) appears to be on course to implement ...
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