Sell limit 1.1180; SL: 1.1230; TP:1.1130
We can secure the transaction by moving SL to original entry point when we have a profit of 20-30 pips.
EUR/USD 11 may
Buy limit EUR/USD at 1.1380; SL:1.1330; TP:1.1430
NZD/USD 10 May
I recommend Sell limit NZD/USD at 0.6830, TP: 0.6780; SL: 0.6880
Fundamentals:RBNZ Financial Stability Report; RBNZ Gov Wheeler Speaks 00:00 a.m. Eastern European Time.
We can secure the transaction by moving SL to original entry point when we have a profit of 20-30 pips.
Happy pips!
AUD/USD
For today I recomend Sell AUD/USD at 0.7445, TP: 0.7395; SL: 0.7495.
Fundamentals: For AUD the NAB Business Confidence index will be published at 4:30 a.m. Eastern European Time.
We can secure the transaction by moving SL to original entry point when we have a profit of 20-30 pips.
Happy pips!
EUR/USD
After opening with a gap that’s already about to be recovered we can look forward to new movements in the market for EUR/USD. With big events like the NFP coming up we will have an interesting week. Because July 3rd will be a federal holiday in the U.S. (which happens when July 4th is a Saturday) the NFP will be published Thursday. Expectations are 231K, while the previous value was 280k.
Market players expect a 226K value for the NFP, while the unemployment rate is expected to remain at 5.4%. Anything above a 200K NFP and an under 5.6% unemployment rate is favorable for the USD; however, a slight miss of the forecast could pull back some of the greenback’s recent gains.
In my view EUR/USD will reach 1,1300 until Thursday and after a positive NFP it will find support at 1,1130-40.
Sell 1,1315-20; TP1: 1,1200 TP2: 1,1130; SL:1,1390
We can secure the transaction by moving SL to original entry point when we have a profit of 20-30 pips.
The financial history of the world
In the four-hour version of THE ASCENT OF MONEY, historian and author Niall Ferguson seeks to explain the financial history of the world, exploring how our complex system of global finance evolved over the centuries, how money has shaped the course of human affairs and how the mechanics of this economic system work to create seemingly unlimited wealth or catastrophic loss.