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EUR/USD Signal - US Initial Jobless Claims - 09 Apr 2020

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Signal Details
Entry Price: 
1.0860
Take Profit: 
1.0800
Stop Loss: 
1.0900
Direction: 
Sell
Result: 
Loss
How we trade
Average: 5 (6 votes)

The euro is trading lower ahead of the Eurozone finance ministers meeting. They will continue fiscals stimulus negotiations to lower the negative impact on the economy. The European Central Bank calls for 1.5 trillion euros in fiscal measures. During the late session, forex traders will also eye the US Jobless data. The new numbers are expected at over 6 million.

eurusd signal 09 apr 2020

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Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.