fbpx

EUR/USD falls again capped? This week’s non-farm payrolls will be critical?

Share This Post

EUR/USD:
The EUR/USD D1 chart can see that the disk has formed a head and shoulders pattern and the price is currently trying to break out of the neck. Once the neck level is broken, the price is expected to hit a new low. Pay attention to the US non-farm payrolls report this week. If this week’s non-farm payrolls data report is not better than expected, it is predicted that the dollar will rise further and then fall back.

H1 chart price moved lower to 0.618 after hitting the 0.786 Fibonacci backtest. At present, a downtrend line is formed on the disk, and after the price hits the trend line, there is a very high probability that it will form resistance, preventing the price from rising further and falling. The target price can be aimed at the location of the previous support level.

Order suggestion:
You can enter the market at a high level and go short. Long-term shorting can wait for the release of the non-agricultural data or the breakthrough of the support level below.

All transactions involve risks and the above analysis is for reference only. When placing an order, be sure to set the lot size and remember to set the stop loss.

More To Explore

Daily Market Analysis

美元强势逆袭,金价“看跌吞没”,多头这下危险了!

周二(8月16日)亚市盘初,现货黄金在1780关口下方徘徊,目前交投于1777.35美元/盎司附近,隔夜美元指数大幅上涨,创下一周新高,对金价打压明显,金价一度跌至1770关口附近,日K线图在相对高位出现“看跌吞没”的顶部信号,投资者需要提防金价的进一步下跌风险。 数据表示:“黄金一直停留在1800美元附近,周一美元走强正推动黄金和整个大宗商品市场下跌。现在黄金交投很谨慎,美联储将继续加息……投资者确实预期利率即将提高。”

Access The Financial Markets Online Anywhere Anytime

It only takes a few minutes to enter the exciting world of trading

Account Types

Cutting-edge MT5 trading platform, that are designed and developed to provide stability and enable real-time trading.

Social Trading

Cutting-edge MT5 trading platform, that are designed and developed to provide stability and enable real-time trading.

Promotions

Cutting-edge MT5 trading platform, that are designed and developed to provide stability and enable real-time trading.

Introducer Broker Program

Cutting-edge MT5 trading platform, that are designed and developed to provide stability and enable real-time trading.

Risk Warning : Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. 

Risk Warning:
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Lepanto Financial Advisers Limited is the holding company of Ultimate Pinnacle Limited. (Address: Fifth Floor, Suite 23, 63/66 Hatton Garden, London, England, EC1N 8LE). All services and products accessible through the site www.upfxtrade.com are provided by Ultimate Pinnacle Limited with the registered address Suite 305, Griffith Corporate Center P.O Box 1510, Beachmont Kingstown St.Vincent & the Grenadines.

Ultimate Pinnacle Limited is a limited liability company established in Belize as an operating subsidiary within the Lepanto Group of companies (collectively “Ultimate Pinnacle”) under Registration No. 173474 and having its registered address at No. 1 Corner of Hutson Street and Marine Parade, Belize City, Belize.

Lepanto Financial Advisers Limited is the holding company of Ultimate Pinnacle Limited. (Address: Fifth Floor, Suite 23, 63/66 Hatton Garden, London, England, EC1N 8LE). All services and products accessible through the site www.upfxtrade.com are provided by Ultimate Pinnacle Limited with the registered address Suite 305, Griffith Corporate Center P.O Box 1510, Beachmont Kingstown St.Vincent & the Grenadines.
Ultimate Pinnacle Limited is a limited liability company established in Belize as an operating subsidiary within the Lepanto Group of companies (collectively “Ultimate Pinnacle”) under Registration No. 173474 and having its registered address at No. 1 Corner of Hutson Street and Marine Parade, Belize City, Belize.

Lepanto Group Pty Ltd is authorised and regulated by the Australian Securities & Investments Commission, ASIC (ACN: 072 424 830)

Ultimate Pinnacle Limited is a company authorised and regulated by the National Futures Association (NFA ID: 0537666)

e-mail: [email protected]

GC=F 
$1,784.40000  0.30%  
BTC-USD 
$23,636.04500  1.35%  
AAPL 
$173.03000  0.09%  
EURUSD=X 
$1.01678  0.03%  
GBPUSD=X 
$1.20690  0.21%  
INTC 
$36.19000  0.41%  
NFLX 
$245.69000  1.37%