JoeChampion

EURUSD:Couple of Scenarios depending on Friday's NFP

FX:EURUSD   يورو / دولار أمريكى
Hey Traders, above is a technical overview on EURUSD and the most important zones to watch, Fed yesterday have threw some hawkish comments "rates are likely to be higher than previously anticipated", but before the next FOMC we have a couple of events to consider. First of all NFP and next week CPI data.
If NFP comes again above expectations that will signal more rate hikes from the fed and thus more USD strength and EURUSD downsides. If the numbers are normal that will not be enough for fed to hike rates massively. and for CPI it's the same story. Numbers above expectations will lead to a more restrictive monetary policy and normal number will slow down the pace.
Feel free to ask any questions in the comment section.
Trade safe, Joe.

Join our telegram Channel for daily market updates t.me/JoeChampion
إخلاء المسؤولية

لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.