EURUSD Not so fast!

FX:EURUSD   Euro / U.S. Dollar
Technicals on the chart

Fundamentals :

US GDP was weak but blamed on weather.

Fed's Williams: June rate hike would require 'good' improvement in labor market, inflation . We have some critical data coming up this week Non Payrolls.

US nonfarm payrolls increased by 126,000 last month after a downwardly revised 264,000 rise in February, the smallest gain since December of 2013. Meanwhile, the jobless rate remained unchanged at 5.5 percent. .

We should see a big improvement this month in nonfarm payrolls and should keep the pressure on EURUSD             towards the downside. Combined with Greece problems that won't go away very easily.

We also have GBPUSD             elections coming up. The GBPUSD             / EURUSD             correlation should keep the pair downward pressure building in the short term.

Similar idea. Entered at 1.119 already.
Comments welcomed. Thumbs up appreciated.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out