EURUSD > Expectations Before the NFP Release!!
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Analysis on #EURUSD
The EURUSD keeps hanging around 1.1900, in my experience, this happens when the market is preparing to move or extend to the upside.
however, the market is very anxious, fears of delta variant, inflation, and growth expectation, keeping the dollar stable for the time being.
after watching the fed last week and what he said about the inflation expectation, and how hard Mr. Powell tried to convince the market to calm down lead me to expect a weaker dollar but clearly the market is not convinced.
This is a big week as you we have NFP and it will determine a lot of things, for the time being, I believe it would be foolish to commit to big trades before the NFP release maybe only day trading if it meets the rules.
Check today analysis below⠀
>>“ You can be free. You can live and work anywhere in the world. And you can be independent from routine and not answer to anybody."
Analysis on #EURUSD
The EURUSD keeps hanging around 1.1900, in my experience, this happens when the market is preparing to move or extend to the upside.
however, the market is very anxious, fears of delta variant, inflation, and growth expectation, keeping the dollar stable for the time being.
after watching the fed last week and what he said about the inflation expectation, and how hard Mr. Powell tried to convince the market to calm down lead me to expect a weaker dollar but clearly the market is not convinced.
This is a big week as you we have NFP and it will determine a lot of things, for the time being, I believe it would be foolish to commit to big trades before the NFP release maybe only day trading if it meets the rules.
Check today analysis below⠀
>>“ You can be free. You can live and work anywhere in the world. And you can be independent from routine and not answer to anybody."
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