Yesterday data on labor in the US was not revealed. Now it is not clear when Nonfarm Payrolls are to be issued; probably it will happen this week. Today optimistic data on Europe is expected. Trade balance in Germany in August (at 10:00 UTC+4) is expected to be 15.1 billion euro vs. 14.5 billion in July; France’s trade balance is estimated to be -4.8 billion euro vs. -5.1 billion euro. At 14:00 UTC+4 data on Factory orders in Germany in August is issued; forecast 1.2% vs. -2.7% in July. If there is no other relevant news, the euro may enter the range 1.3591-1.3607. However, on the whole, the expectations are declining. The first target is the range 1.3537/42 (on the 4H), when the rate consolidates under it, we expect the decline to support of trend line on the daily chart, 1.3492.
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Thanks for your nice article. Here is the today's news given by Octafx about EUR/GBP. The EUR/GBP dropped for the eighth trading day in a row and posted the lowest daily close since November 2012, below 0.8000. New traders can make enough profits following technical analysis easily. broker makes it easy for you.
উত্তরমুছুনEURUSD is a most common currency pair to me to Trade in Forex platform. Today you can see that, the single currency is looking to consolidate the recent bounce off session lows, taking the EUR/USD back to the vicinity of 1.3600 the figure. I use OctaFX to get Accurate analysis and news for all Major Currencies.
উত্তরমুছুনEur/Usd really my favorite pair and also most newbies love to trade on this as it is one of the most stable and predictable currency pairs and at the moment I also get such a low spread on it thanks to OctaFX broker, as they have just 0.2 pips set for most of the major pairs and also has equally high leverage up to 1.500, so that makes things so much easier for us to maintain good money management levels.
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