The wind is changing
Tiffany
(TiffanyK)
Membre depuis Feb 12, 2016
427 messages
Nov 30 2016 at 16:53
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
vontogr
(togr)
Membre depuis Feb 22, 2011
4862 messages
Dec 01 2016 at 08:21
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.
Torsten
(tormess)
Membre depuis Jun 15, 2015
52 messages
Dec 01 2016 at 11:04
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
Membre depuis Sep 15, 2016
24 messages
Dec 01 2016 at 12:44
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.
Antonio
(tradfred)
Membre depuis Jul 13, 2016
36 messages
Dec 13 2016 at 07:39
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
Membre depuis Aug 27, 2017
897 messages
Apr 29 2018 at 06:36
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
Membre depuis Apr 16, 2018
16 messages
May 01 2018 at 10:00
Gorh
Membre depuis Apr 16, 2018
16 messages
May 01 2018 at 10:00
vontogr
(togr)
Membre depuis Feb 22, 2011
4862 messages
May 01 2018 at 12:34
We will see what brings FOMC statement and NFP this week