www.varchev.com

How can we trade EUR/USD during the US NFP data today at 15:30

Rating:

12345
Loading...

Today at 15:30 investors and traders will anticipate the US Non Farm Payrolls data, as the forecast is for 180K and previous 235K.

The NFP data has big impact over the US rate course and during the release a increased volatility is expected.

EUR/USD next resistance levels are: 1.0660 1.0720 1.0750 1.0830

Next support levels are: 1.0630 1.0550 1.0500 1.0455

Short-term trend remains bearish and the improvement in the economic performance of the EU are not sufficient grounds for ECB to shift the direction of monetary policy.

In case of actual values:

between 169K and 179K we can expect the price to remain in range between 1.0630 and 1.0660

between 180K and 200K likely to break below 1.0630 and reach levels 1.0550

over 200K we can expect a breakout below two supports and target 1.0500

between 160K and 168K we can expect a breakout above 1.0660 with target 1.0720

below 160K highly negative - breakout above two resistance and reach 1.0775

Trader Nikolay Georgiev


 Varchev Traders

Read more:

RECCOMEND WAS THIS POST USEFUL FOR YOU?
If you think, we can improve that section,
please comment. Your oppinion is imortant for us.
WARNING: Any news, opinions, research, data or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. Varchev Finance Ltd. expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information. Varchev Finance Ltd. may provide information, quotes, references and links to or from other sites and blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the sites, blogs or other sources of information.
Varchev Finance

London


25 Canada Square, Level 33, office 50, Canary Wharf London, E14 5LQ +44 20 3608 6256

Universal numbers

World Financial Markets - 0700 17 600    Varchev Exchange - 0700 115 44

Varchev Finance Ltd is registered in the FCA (FINANCIAL CONDUCT AUTHORITY) with a passport in the United Kingdom: FCA, United Kingdom - registration number: 494 045, which allows provision of financial services in the United Kingdom.

Varchev Finance Ltd strictly comply with the statutes of the European directive MiFID (Markets in Financial Instruments). targeting increased efficiency, transparency and uniformity of financial instruments.
Varchev Finance Ltd is authorized and regulated by the Financial Supervision Commission - Sofia, Bulgaria: License number RG-03-02-05 / 15.03.2006

The information on this site is not intended for distribution or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.


Disclaimer:

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63,41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

chat with dealer
chat with dealer
Cookies policy