POST NFP OUTCOME OVER THE PAIRS:
POST NFP OUTCOME OVER THE PAIRS:- Weaker-than-expected nonfarm payrolls report sent equities higher and lowered the Dollar on Friday. Futures markets are also pointing towards firmer open in Asia today, Gold recouped around two-thirds of Thursday’s selloff and prices remain above the trend line support from March low. Now support is at the place around […]
TECHNICAL MARKET ANALYSIS 7th JUNE
TECHNICAL MARKET ANALYSIS 7th JUNE EUR/USD EUR/USD is currently strengthened after the release of the weaker than expected U.S. jobs report. The Eurozone Retail Sales data released last Friday indicated a decline in consumer spending in April. The pair is testing the support zone of 1.21500 and the resistance will be at 1.23200, look for […]