-
EUR/USD: holding above 1.3000
US employment data disappointed big, as the economy managed to create just 88K new jobs. The unemployment rate fell to 7.6% still too high according to FED standards. Dollar got smashed across the board, and the EUR/USD soared to 1.3027 although the pair is struggling to maintain the 1.3000 level, as US stocks opened strongly down. Bias however remains to the upside as the hourly chart shows price found support in a strongly bullish 20 SMA and indicators heading north above their midlines. As long as above 1.2950/60 area the pair could present an upward continuation, although the movement is seen as corrective in the ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Apr 5, 2013 12:29pm Apr 5, 2013 12:29pm
- Guest
- | IP XXX.XX.218.51
- Comment #2
- Quote
- Apr 5, 2013 1:14pm Apr 5, 2013 1:14pm
-
DragonFire
- | Joined Sep 2010 | Status: Member | 2093 Comments
There is always a price for promises you don't keep!
- Comment #3
- Quote
- Apr 5, 2013 1:34pm Apr 5, 2013 1:34pm
- alimm0f
- | Joined Feb 2013 | Status: Member | 100 Comments
- Comment #4
- Quote
- Apr 5, 2013 1:39pm Apr 5, 2013 1:39pm
- alimm0f
- | Joined Feb 2013 | Status: Member | 100 Comments
- Comment #5
- Quote
- Apr 5, 2013 2:25pm Apr 5, 2013 2:25pm
- Guest
- | IP XXX.XX.218.51
- Comment #6
- Quote
- Apr 5, 2013 2:52pm Apr 5, 2013 2:52pm
- suyog1982
- | Joined Feb 2013 | Status: Junior Member | 1 Comment