Actually, unemployment claims data usually give big influences into the market. The influences can be a counter trend or boost current trend. Unemployment claims also can be indication for USD future.
Friday, December 7, 2012
Market Today : Euro-USD Dec 7th 2012
Based on my previous post, euro-usd failed to reach the peak and was going down after unemployment claim of USA. We can look at the picture, euro usd is passing below defense area. it tells us that bear trend is happening now. Based on the picture we can make prediction that euro-usd will make bear trend today (Dec 7th 2012).
Actually, unemployment claims data usually give big influences into the market. The influences can be a counter trend or boost current trend. Unemployment claims also can be indication for USD future.
Actually, unemployment claims data usually give big influences into the market. The influences can be a counter trend or boost current trend. Unemployment claims also can be indication for USD future.
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