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Forex Signal For EUR/USD: Falls Continue as Fed Moves to Cumulative Tightening.

Forex Signal For EUR/USD: Falls Continue as Fed Moves to Cumulative Tightening. Forex Signal For EUR/USD: Falls Continue as Fed Moves to

Forex Signal For EUR/USD: Falls Continue as Fed Moves to Cumulative Tightening.
Yazar: Ross Sutton

Yayınlanma: 3 Kasım 2022 18:49

Güncellenme: 3 Kasım 2022 16:54

Forex Signal For EUR/USD: Falls Continue as Fed Moves to Cumulative Tightening.

    Forex Signal For EUR/USD: Falls Continue as Fed Moves to Cumulative Tightening.   Economists expect the economy to expand to more than 200,000 jobs, while the unemployment rate remains at a 50-year low of around 3,6%.  

Bear Market Outlook

 
  • Sell ​​the EUR/USD pair and take profit at 0,9785.
  • Add a stop-loss at 0,9900.
  • Timetable: 1-2 days.
 

Forex Signal For EUR/USD: Falls Continue as Fed Moves to Cumulative Tightening.

 

Bull Market Outlook

 
  • Take a buy stop at 0,9935 and a profit at 1,0100.
  • Add a stop-loss at 0,9850.
  EUR/USD price rose after the latest Federal Open Market Committee (FOMC) interest rates and hit 0,9967, the highest level since Oct. 28. The focus is now shifting to upcoming US nonfarm payroll (NFP) data.   eurusd_03112022_cryspus  

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