Free no deposit Bonus Forex
Wednesday, 23.05.2018, 15:39
Welcome Guest | RSS
 
Main RegistrationLogin
Site menu
Login form
Make money on Fore
FreshForex bonus
Statistics

Total online: 1
Guests: 1
Users: 0
RoboForex bonus
...
Main » 2018 » March » 8 » The euro dollar forex trading forecast for EUR / USD at today 08.03.2018: EURO is in a point of balance in anticipation of performances M.Dr
09:38
The euro dollar forex trading forecast for EUR / USD at today 08.03.2018: EURO is in a point of balance in anticipation of performances M.Dr

article29594.jpg

Results of the last trading day:


On Wednesday, 7 March, trading in the euro / dollar ended slightly up. The euro updated intraday high at 1.2448 during the European trade, at least 1.2385 - in the US session. By the close of the day the price rebounded to 1.2411.

 

 

The US currency strengthened against the euro from 1.2448 against the background of partial profit and yield favorable US labor market data.


Data from Automatic Data Processing (ADP) showed that the US private sector in February was created 235 thousand. New jobs compared to 234 thousand. The previous month (forecast was 195 thousand.). They are important before tomorrow's report Non-Farm

 

 

Planned statistics (GMT +3):

09:45 Switzerland will report on changes in the unemployment rate for February.

At 10:00 Germany will declare the change of volume of industrial orders in January.

At 15:45 the ECB will publish a decision on interest rates.

At 16:15 Canada will report on changes in the number of bookmarks of new foundations for February.

At 16:30, a press conference of the ECB. Canada will release the index for new housing prices for January and declare the change of volume of building permits issued in January. US report on changes in the number of initial applications for unemployment benefits.

 

Fig. 1 euro / dollar, hour period. Data source: TradingView


Expectations were completely justified yesterday's movement. First worked out the maximum forecast, then at least to the closure of the day and returned to the level of 1.2411.


At the time of writing, the euro is worth 1.2407 review. Price trading near book line LB. Due to the upcoming press conference M.Dragi without review forecast. Draghi with peyrolsom unpredictable, so technical analysis on them does not work.  


If you start from the daily TF, then appeared bearish signs on Stochastic Oscillator. But again, Draghi does not look at the technical indicators. He can drive the price at any price, regardless of the level generated pricing models. On the day of the press conference and the Non-Farm Payrolls, I prefer to stay out of the market.


Today, due to speak, US President Trump for trading duties on steel and aluminum.

 

Vladislav Antonov Alpari

 

 

Views: 45 | Added by: mik | Rating: 0.0/0
Total comments: 0
Only registered users can add comments.
[ Registration | Login ]
Search
Forex Brokers
no deposi binary
Calendar
«  March 2018  »
SuMoTuWeThFrSa
    123
45678910
11121314151617
18192021222324
25262728293031
Entries archive
Our poll
Rate my site
Total of answers: 40
Site friends
  • Create a free website
  • Online Desktop
  • Free Online Games
  • Video Tutorials
  • All HTML Tags
  • Browser Kits
  • Rating
    Copyright Bonus-FX.com © 2018-2012
    Website builderuCoz