Disliked{quote} forex market actually never closes. its an OTC market so brokers somewhere may still be operating on holidays where there is demand there is supply... liquidity on holidays are a matter though.... you need to understand. when NFP came out disappointing... it was only US online to push the EURUSD up... but there are plenty markets out there who wants to sell that move up... as i said countless times. if EURUSD actually fails to break above 1.1 on such a bad NFP data then this is surely not a good sign for bulls. moreover march NFP came out...Ignored
fxtyrant said it is positive with the wage growth yesterday which i find suprisingly that the wages are rising.
Although this is happening I still think the USD will rise for some time due to the QE. We see no signs of a rising oil price eighter. I think we can see the USD rise due to safe heaven also before it will go down again. The market is ready I think for an stock crash and USD will rise.I look like fxtyrant to 1.05 at least. Yesterdays volume were also think due to the easter