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  • ADP: Private Sector Employment Increased by 212,000 Jobs in February

    From adpemploymentreport.com Story is in PDF Format

    Private sector employment increased by 212,000 jobs from January to February according to the February ADP National Employment Report® . Broadly distributed to the public each month, free of charge, the ADP National Employment Report is produced by ADP® , a leading global provider of Human Capital Management (HCM) solutions, in collaboration with Moody’s Analytics. The report, which is derived from ADP’s actual payroll data, measures the change in total nonfarm private employment each month on a seasonally-adjusted basis. Payrolls for businesses with 49 or fewer employees increased by 94,000 jobs in February, ... (full story)

bad for usd forecast...
bad for USD
it still down for EURUSD,GBPUSD and GBPJPY
The increase in the service sector jobs numbers should be good for USD
only a terror attack in America will cause the dollar to fall right now. It is moving upward whether news is bad or not.
Still nothing... are you up or continuation down? EUR/USD
Quoting Forexpcb
only a terror attack in America will cause the dollar to fall right now. It is moving upward whether news is bad or not.
coz of fucking bastards mother fucker market makers
yep.
  •  Guest
  • | IP X.XXX.126.184
dxy gooooona fall heavy in short period of time
  •  Guest
  • | IP XX.XXX.102.14
good for US, 212 k + is good news, but this is in the market now already, so range 1,1120 - 1,1180 today
  •  Guest
  • | IP XX.XX.21.100
Bad for usd....sell usd
ahaiii....all sector down....nothing interest rate hikes more for june....
All my analysis is based on Wyckoff Methods
sell usd, bad news
maybe it waits for next round of news (BOC Rate Statement, Overnight Rate, ISM Non-Manufacturing PMI)
I'm thinking manufacturing will be down which might cause a temporary dollar setback, but the trend will continue up tomorrow. just my 2 cents.
I have Fibo levels plotted on the USD/DKK pair and it has tested 50% level three times since 4am. My guess is that will be the support for today anyway.
Thus, the 1.11 EU level should hold.
Quoting Seitecu
Still nothing... are you up or continuation down? EUR/USD

I'm still selling EURUSD
Quoting lighting1
it still down for EURUSD,GBPUSD and GBPJPY
Might be market makers wants us to do a blow job
  •  Guest
  • | IP XXX.XX.146.147
Quoting hesron
ahaiii....all sector down....nothing interest rate hikes more for june....
You disqualified yourself by shouting out something thats clearly shows you didnt read the report.
what i say nothing interest rate hike more in june ..as FOMC Member Evans Speaks "Rising rates too early could undermine recovery Evans is an arch-dove so the comments aren't a big surprise but he seems to be stepping up his anti-hiking rhetoric so that could spook USD bulls"
All my analysis is based on Wyckoff Methods
Sell EUR! I would go with fundamental analysis for now.. ECB still need to flood the market with more Euro therefore weaker EUR still in my book.
You guys are thinking incorrectly...

The news may have brought in a wave of weak hand buyers. Eg, people who will capitulate and collapse the EUR when they sell in panic. Will just take a bit for fear to build as their positions sit there doing nothing or turning red.

The ADP report isn't really market moving anyway...
"Don't fear a bubble until it starts to burst."
Just shorted USD/DKK @6.7042 based on tough resistance on the weekly chart. I don't have a TP set. I'm hoping I can stay short for a while. Anyone else trade this pair?
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  • | IP XX.XXX.198.53
I think they will drag the euro to 1.10 firs then then to 1.000 before euro stands for up movment all the news will not stop the usd this is political economy
Quoting Seitecu
Still nothing... are you up or continuation down? EUR/USD
100% agreed and super duper like the comment.
  •  Guest
  • | IP XXX.X.58.98
euro become rubish
hhahhaah sell USD........good data or bad USD up.and ISM due to release.
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