Saturday, June 4, 2016

REPLAY: Forex trading video: A technical look at the EURUSD, GBPUSD and USDJPY

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Non Farm Payroll and ISM was weak and the dollar got weak. What now?

***I posted this video toward the end of the day on Friday.  Sometimes they get lost as they scroll down the page, but you might find it of interest as you prepare for next week.  Have a great weekend.

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The dollar tumbled in trading today after the shocking US employment  and ISM data. The market is taking out tightening expectations from the Fed, but we must be cognizant of risk levels and trade potential.  

In this video, I take a step back and look at the major currency pairs from a technical perspective (and a little fundamental as well), outline the risks and targets.  

Rather than spoil the fun, watch the video....

Remember....

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Did you TRUST the levels today? 

Speaking of Trust....Did you check out this video from earlier in the week?

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



References

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