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Author Topic: what is EUR/USD pair doing?  (Read 297 times)
arthurminton (OP)
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January 12, 2016, 05:31:03 PM
 #1

It is likely that in 2016 there will be more than a couple rate hikes and still the pair is showing weakness that is happening to the markets
Another thing is after the announcement of the non farm payroll which beated the expectation drastically there was a move of only 50 pips. Can someone tell me what is going on in EUR/USD pair?

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January 12, 2016, 05:36:10 PM
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It is likely that in 2016 there will be more than a couple rate hikes and still the pair is showing weakness that is happening to the markets
Another thing is after the announcement of the non farm payroll which beated the expectation drastically there was a move of only 50 pips. Can someone tell me what is going on in EUR/USD pair?

I think it continue to move in area 1.05 - 1.15 for a long time. Only at break of this key point we could expect an important movement (maybe under 1.00  Roll Eyes )

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arthurminton (OP)
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January 12, 2016, 06:30:40 PM
 #3

It is likely that in 2016 there will be more than a couple rate hikes and still the pair is showing weakness that is happening to the markets
Another thing is after the announcement of the non farm payroll which beated the expectation drastically there was a move of only 50 pips. Can someone tell me what is going on in EUR/USD pair?

I think it continue to move in area 1.05 - 1.15 for a long time. Only at break of this key point we could expect an important movement (maybe under 1.00  Roll Eyes )

You trade forex?
Yes, but on a very smaller scale. For me it's been more than one year. Still learning, looking forward to open a website where people can invest in my skills and I will provide them with sensible returns. Grin

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