FXEMPIRE
All
Ad
Corona Virus
Stay Safe, FollowGuidance
World
18,802,282Confirmed
706,443Deaths
11,977,252Recovered
Fetching Location Data…
Advertisement
Advertisement
Christopher Lewis
eurusd

The EUR/USD pair initially fell during the course of the session on Friday, but after the Nonfarm Payroll Numbers came out, the market then turned back around and reach towards the 1.10 level. Because of this, we ended up forming a bit of a hammer. We think that this market will more than likely continue to consolidate between the 1.08 level and the 1.11 level above, with the 1.10 level essentially being “fair value.” Because of this, we are actually going to step to the side of this particular pair, as it is going to be a bit tight in our opinion.


 

Advertisement
Don't miss a thing!
Discover what's moving the markets. Sign up for a daily update delivered to your inbox

Latest Articles

See All

Expand Your Knowledge

See All

Trade With A Regulated Broker

  • Your capital is at risk