Sorry, you need to enable JavaScript to visit this website.

EUR/USD Signal - USD Initial Jobless Claims - 22 Oct 2020

You are here

»
Signal Details
Entry Price: 
1.1840
Take Profit: 
1.1815
Stop Loss: 
1.1880
Direction: 
Sell
How we trade
Average: 5 (2 votes)

EURUSD is trending to the downside today prior to USD Initial Jobless claims data. The data is a measure of the number of people filing first-time claims for state unemployment insurance. Technically the pair has rebounded out of the 1.1880 pivot, and is below the 30m 50 moving average. We anticipate continued downside on the major forex pair into the 1.1815 pivot.

Submitted by Toni H. on Thu, 22 Oct 2020 03:37:12 GMT

Live Broker Spreads

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.

Site Pages

Legal Pages

Social Corner

Trading tools