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The wind is changing
Dec 01, 2016 at 11:04
會員從Jun 15, 2015開始
49帖子
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.
會員從Sep 15, 2016開始
24帖子
Dec 01, 2016 at 12:44
會員從Sep 15, 2016開始
24帖子
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.
Dec 13, 2016 at 07:39
會員從Jul 13, 2016開始
33帖子
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?
會員從Aug 27, 2017開始
875帖子
Apr 29, 2018 at 06:36
會員從Aug 27, 2017開始
875帖子
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.
keeping patience.......
會員從Aug 27, 2017開始
875帖子

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