Breaking forecast 02/05/2018
February 5, 2018 10:21 pmVideo
Latest News
- Bitcoin slides ahead of halving event – Crypto News April 18, 2024
- Trading Signals for BITCOIN (BTC/USD) for April 18-20, 2024: buy above $62,500 or $63,037 (4/8 Murray – rebound) April 18, 2024
- GBP/USD. April 18th. Andrew Bailey did not clarify the situation on QE April 18, 2024
- Trading Signals for GOLD (XAU/USD) for April 18-20, 2024: buy above $2,375 (6/8 Murray – 21 SMA) April 18, 2024
- Technical Analysis – Netflix stock moves within narrow range ahead of earnings April 18, 2024
- Technical Analysis – GBPUSD tries to recoup some losses April 18, 2024
- USD/JPY in crisis April 18, 2024
- EUR/USD: trading plan for US session on April 18. EUR gets stuck at 1.0686 April 18, 2024
- Fed to keep policy tight for longer than markets view April 18, 2024
- Technical Analysis – BTCUSD drops to 6-week low as halving looms April 18, 2024
- Midweek Technical Look – EURUSD, US 500, WTI April 18, 2024
- Technical Analysis – AUDJPY pulls back but stays in uptrend April 18, 2024
- Forex forecast 04/18/2024: EUR/USD, USD/JPY, Oil and Bitcoin from Sebastian Seliga April 18, 2024
- Video market update for April 18, 2024 April 18, 2024
- Technical Analysis – WTI oil futures exit sideways move to the downside April 18, 2024
- Market Comment – US dollar on the back foot as nervousness lingers in equity markets April 18, 2024
- Hot forecast for EUR/USD on April 18, 2024 April 18, 2024
- EUR/USD and GBP/USD: Technical analysis on April 18 April 18, 2024
- Trading plan for GBP/USD on April 18. Simple tips for beginners April 18, 2024
- Trading plan for EUR/USD on April 18. Simple tips for beginners April 18, 2024
Breaking forecast 02/05/2018
EURUSD: Prepare for an upward impulse
On Friday, a report on employment in the US was published:
The number of new jobs is + 200, 000, higher than the forecast.
Unemployment stood at 4.1% – unemployment at the lowest levels since 2007.
Before this, the Fed issued a statement on the state of the US economy, which increased its attention on inflation.
In general, the news was in favor of the dollar – except for a strong decline in the US stock market on Friday -2% – but there the correction was brewing a very long time.
Nevertheless, the euro fell slightly.
We still expect the euro to continue to rising.
Buy for the breakthrough 1.2525, stop at 1.2480, target is 1.2640.
Alternative: Sell at the break down of 1.2330.
The material has been provided by InstaForex Company – www.instaforex.com
Related Posts: