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Hello traders,
October has just started and the expectations are great. The participants are awaiting the Non Farm Payroll to see will it be over or under 200k. Today we are expecting the initial jobless claims and the ISM manufacturing which are also with a decent impact. I suppose there will be no big change and there will be only generated a great noise (movement up and down several times) with big amplitude. Overall the main pair (EUR/USD) will try to reach the hard to penetrate 1.1111 level and only if it goes under it we must take an action. The yen is trying to gain force but the level 120 will attract it again. Just wait and see react on certain levels only.
Good luck to all
October has just started and the expectations are great. The participants are awaiting the Non Farm Payroll to see will it be over or under 200k. Today we are expecting the initial jobless claims and the ISM manufacturing which are also with a decent impact. I suppose there will be no big change and there will be only generated a great noise (movement up and down several times) with big amplitude. Overall the main pair (EUR/USD) will try to reach the hard to penetrate 1.1111 level and only if it goes under it we must take an action. The yen is trying to gain force but the level 120 will attract it again. Just wait and see react on certain levels only.
Good luck to all
