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The wind is changing

TiffanyK (TiffanyK)
Nov 30 2016 at 16:53
427 posts
Do you guys think that most of the pairs will go in the opposite direction during the NFP? It seems for now this will happen. Nothing sure, but I just want to be prepared when the fast movements start.

Accept the loss as experience
togr (togr)
Dec 01 2016 at 08:21
4862 posts
I believe market will move both sides. In any case people still believe FED will increase the rates in DEC so good NFP number will confirm the cause and USD can skyrockets.

tormess (tormess)
Dec 01 2016 at 11:04
52 posts
togr posted:
I believe market will move both sides. In any case people still believe FED will increase the rates in DEC so good NFP number will confirm the cause and USD can skyrockets.


Yes, I think it EURUSD may fall about 100 pips after the NFP if we see a better number announced.

olivia_jones
Dec 01 2016 at 12:44
24 posts
EURUSD is range bound since there are a lot of uncertainties going on over Euro zone political stability. Moreover Italy referendum is also lined up and a rejection for proposed constitutional reforms can unleash confidence in the euro zone economy, which definitely can take euro down from its consolidation range. Right now, investors are just being sidelined, refrained to put any major positions before the major events. the recent short term rebound is just due to value buying in Euro and profit booking in USD and indeed if NFP comes better than expected it can test its psychological level of 1.05 again as Higher fed rate hike expectations can drive dollar in further bullish territory.

tradfred (tradfred)
Dec 13 2016 at 07:39
36 posts
togr posted:
I believe market will move both sides. In any case people still believe FED will increase the rates in DEC so good NFP number will confirm the cause and USD can skyrockets.


If the market moves in both directions it could be, in a way, beneficial to investors?

Adribaasmet
Apr 29 2018 at 06:36
947 posts
tradfred posted:
togr posted:
I believe market will move both sides. In any case people still believe FED will increase the rates in DEC so good NFP number will confirm the cause and USD can skyrockets.


If the market moves in both directions it could be, in a way, beneficial to investors?


For the short term trader like, the scalpers; definitely, it is.

Gorh
May 01 2018 at 10:00
16 posts
The wind of changes is blowing now on D1 on the several currency pairs. For example, let's look at the Aud usd and eur usd.







Attachments:


Gorh
May 01 2018 at 10:00
16 posts
togr (togr)
May 01 2018 at 12:34
4862 posts
We will see what brings FOMC statement and NFP this week

mlawson71
May 02 2018 at 14:54
1487 posts
I forgot the they're this week, good thing you reminded me. Thanks for that. Let's hope there'll be more than whipsaws.

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