One of the best-performing currencies this year so far is the Yen and according to the Morgan Stanley’s experts it could strengthen further more in the coming months
Unfortunately, NFP isn’t what it used to be any longer. But for us traders there is not such thing as boring news release… So I cannot wait for the next one
EUR/USD - Sentiment is in favor of the dollar. I believe the price will break below the bottom of the May 09 (1.18185) and will continue down to 1.1740/50 during next days.
Forecast for the European session on May 21 EUR I recommend that you watch the purchase only after returning to 1.1742 in the morning, or on a rebound from support 1.1710 and 1.1683. I will not sell for breakdown 1.1742. It is better to wait for the anchoring below this range and its test already f...
Forecast for the European session on May 30 EUR The first test of 1.1584 will lead to a slight correction down by 15-20 points, and a second test by the second half of the day will break this level with an exit at 1.1636, where I sell for a rebound. If we go down to 1.1520, the purchases are only o...
Forecast for the European session June 1 EUR Today we have a number of important data and non-pharma, so that the movement will not be one way. In such unpredictable days, I prefer not to go into the market, because the reaction can be anything. If we go to 1.1710, buyers can try to pull the euro t...
Last month the shaking was short and heavy, but nothing dramatically. The market today behaves quite normal, so maybe the influence of NFP is like last month, short and already forgotten again quickly.