Market Assessment - EURUSD

There are no reports of HIGH importance due out today and no public holidays in UK or USA. The USD Unemployment Rate & USD Change in Non-farm Payrolls are due out tomorrow, Friday, at 1:30pm GMT+1. These reports are of MEGA Importance hence, there is a HIGH probability of ALL Markets trending sideways today leading up to the report tomorrow. For this reason, I will only have 1 (one) Live attempt at the Markets today.
Look at the EURUSD 5min Chart, the Market is currently trending sideways between R1 and S1. I have placed a pending BUY order just above R1, see chart.


  1. eToro is the ultimate forex trading platform for novice and professional traders.


Post a Comment

Popular posts from this blog

About dkbMARKETS, Forex Trading Competition with Cash Prizes and Other Bonuses

Economic Reports - 22.4.2010