EUR/USD waiting for a breakthrough | 03 5月 2024

03 5月 2024, EUR/USD

EUR/USD waiting for a breakthrough

Event to pay attention to today:

15:30 GMT+3. USD - Nonfarm Payrolls

EURUSD:

On Thursday, the EUR/USD returned to the upper boundary of the recent consolidation, regaining territory north of 1.0700 as market risk appetite rebalances ahead of Friday's US Non-Farm Payrolls (NFP) data.

With European economic data scarce on Friday, investors will focus on the US employment data due out early in the US market session. The US employment data, which is expected to show 243k net jobs in April, is slightly below the previous 12-month high of 303k. With the market betting on when and how often the US Federal Reserve (Fed) will cut interest rates, investors are hoping that the weakening pace of hiring will signal a slowdown in the US economy, which continues to grow at a faster rate than most of the developed world.

Trade recommendation: Watch the level of 1.0760, buy when it is consolidated

Our company provides an opportunity to earn income not only from your trading. By attracting clients within the affiliate program, you can get up to $30 per lot!

David Johnson
Analyst of «FreshForex» company
同意该评论吗?
交易员的评论:
Close
授权
您浏览器禁用cookie 文件. 在此情况下, 私人空间显示不正常. 如何启动cookie 文件的支持.
manager photo manager photo
Online-support
我们很高兴回答您的问题

提交申请

Get bonus