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How I will trade the EURUSD following today’s NFP number

by Neville Hornsey
6 August 2021
in Forex
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The USD is currently strengthening against all of the other currencies and a good US NFP number will accelerate the appreciation into the greenback. There has been some bad economic data out for Europe, so the euro is continuing to depreciate back towards the balance area formed in July and against retail sentiment.

For more trading details, please check the hyperlinks with time stamp indicated from the video:

0:43 EUR/USD

2:19 DOW JONES

2:21 US DOLLAR INDEX

Tags: DXYEURUSDExponential moving averagesIndicatorsNon-farm PayrollsTechnical AnalysisUS Dollar
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