Renewed losses incurred by the euro-dollar pair during trading on Thursday due to the successive positive data of the US dollar as it came better than previous months and better than expected, to rise the dollar index 98.44 and close at 98.34 as the breach of the index summit 98.49 will open the door to new gains for the US dollar
Influential news: Today is packed with the most important news of the month, which is the employment and unemployment data of the United States, which affects all currencies completely (expected data will come positive) at 3.30 pm Jerusalem
We believe that the general trend for today is more losses. The trend is downward, and God Almighty is higher and more knowledgeable.
Today's recommendation: to sell the EURUSD pair from 1.0995, targeting 1.0950, endowment 1.1015
More losses on the GBP pair and closes below 1.2930 during Thursday's trading foreshadows for further decline. I think that the next stage will target areas of 1.2880 - 1.2860 technically - news I see a great agreement for the pair's decline, God Almighty, we notice that the breakthrough came with good momentum on the Makadi marshal with high volume Confirm the fracture is correct (but beware of strong news)
We think that the GBP trend for today is bearish
The influencing news for today: US dollar news at 3.30 GMT
Today's recommendation: sell the cable from 1.2990 target 1.2940 - 1.28
