The EURUSD was unable to reverse the downtrend even after the disappointing job data from the U.S. The EURUSD was trying to move up after the U.S. job report, but the euro buyers were not pushing it hard enough. The US non-farm payrolls numbers came in way below the market…
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The Strong U.S. Private Sector Job Numbers Sent the EURUSD down to 1.15 Again
The EURUSD has been trading between 1.15 and 1.1590 since yesterday. The EURUSD recovered some of the huge losses that it had suffered from since September 24, but the weakness resumed after the strong U.S. ADP survey numbers. The private sector added 230,000 jobs in September, which far exceeded the…
The EURUSD Is in Free Fall and the 1.15 Handle Is Being Challenged
The EURUSD was in the free fall pattern after the U.S. and Canada reached the trade agreement at the 11th hour. The EURUSD has suffered huge losses since September 24 and fallen almost 300 pips. Several factors have triggered the U.S. dollar strength against the euro. The Fed will continue…
New MT4 EA Experiment – Buy Bullish: Set up, Rules, and Results Week 61
1 trade has been closed since the last update. The total realized loss is $223. Last week, we ended at $271 in losses minus interests and fees. After the loss this week, that brings our total net loss to $494 minus interests and fees. The strategy can be found here. The…
Draghi Send the Euro above 1.18 but the Move Faltered
The EURUSD was pushed higher by the ECB president, Draghi’s optimistic view on inflation, but it gave back all of the gain later. The EURUSD had an opportunity today to retest 1.18. The bullish momentum was triggered by the ECB president, Draghi’s comment on inflation. He expects the inflation to…