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Hello traders,
Currently traders, investors and other moneymakers, are waiting for the ADP employment announcment which means that the market is thin and Volumes are small before the large liquidity inject the market.
Until now we can see EUR/USD has a Bearish channel with a possible reversal, USD/JPY, GBP/USD ( first is up, second has rised during Markit/CIPS and sharply fall afterwards )
Shortly there are a lot of Bulls for USD and only if a worst than expected numbers come the US dollar can fall (The Forecast is worse than previous change but I am thinking that we'll have something about 190-200k
Currently traders, investors and other moneymakers, are waiting for the ADP employment announcment which means that the market is thin and Volumes are small before the large liquidity inject the market.
Until now we can see EUR/USD has a Bearish channel with a possible reversal, USD/JPY, GBP/USD ( first is up, second has rised during Markit/CIPS and sharply fall afterwards )
Shortly there are a lot of Bulls for USD and only if a worst than expected numbers come the US dollar can fall (The Forecast is worse than previous change but I am thinking that we'll have something about 190-200k