EUR/USD had a stellar session during the Friday trading day as nonfarm payroll numbers came out much better than expected. This led to a "risk on rally" that as usual had the Euro going higher.
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Get the signal follow up from Friday's EUR/USD Signal. See how the pair did and what is recommended next.
The Euro had a rough week. See our signals expert's recommendation for the the EUR/USD pair.
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Our Signals expert is recommending to buy the USD/JPY pair. Get the details here.
Before you log off for the weekend see our expert Signals trader's recommendation for the AUD/USD pair.
USD/CAD rose during the session as the markets reacted poorly to the lack of action brought forth by the ECB for the session on Thursday. After last week's proclamation of "doing whatever it takes" to protect the Euro, Mr. Draghi disappointed the markets by bringing almost nothing to the news conference.
AUD/USD initially spiked during the session on Thursday in anticipation of some new program out of the ECB that should have amount to the printing of money. However, the announcement gave very little in terms of substance, and as such the hot money players simply bailed on the "risk on trade."
GBP/USD looks absolutely horrible at this point. Granted, we're still within the consolidation range of the end of the Thursday session, but the action for the day was very poor indeed.
See the recommendation for the EUR/USD pair with this Forex signal before the day is done.
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According to the analysis of the EUR/JPY and AUD/USD trader profited on a binary options platform.
The EUR/GBP pair has pulled itself out of the bears grip, but whether we have the start of a Bullish Trend or just a retracement developing is too soon to tell.
EUR/JPY initially attempted to rally on the start of the Wednesday session, only to be turned around after the Federal Reserve failed to give the markets the "sugar high" that everybody seemed to want.
AUD/USD had an interesting session on Wednesday as it reacted both positively to the idea of continued stimulus out of the United States, and negatively to the reality that it never happened.
EUR/USD reacted very poorly to the Federal Reserve's announcement during the Wednesday session. This is because there was a certain segment of the population out there that believed the Fed was about to enter some type of quantitative easing.
As we prepare for the ECB announcement tomorrow check out this Forex signal for the EUR/USD pair.