The economic calendar looks very light for the week ahead and most likely we should see more price action related move in the FX market. After an impressive NFP we can expect some more follow through on the US Dollar front before to see any retracement. I think that the major currency pairs will present the best trading opportunity in the coming week and in this regard I'll focus my attention on both EUR/USD and GBP/USD.

If I where to chose between the two pairs, I think the most potential we can find it in trading GBP/USD which has taken quite a big hit but also EUR/USD has a strong seasonality pattern during the final period of the year as usually it gets stronger so this idea are worth to keep in mind.

Best Regards,
Daytrader21
الترجمة الى الانجليزية اظهار الاصلي