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Forex technical analysis: EURUSD inches along

Discussion in 'Technical Analysis' started by ForexLive, Oct 1, 2015.

  1. ForexLive

    ForexLive Forum Member

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    Shuffles to and through 100 day MA but stalls The EURUSD continued to inch lower in trading today. A 44 pip trading range is all it could muster on the day before the NFP. Expectations are for a 200K number tomorrow after 173K last month. There is lots of chatter about revisions going higher. We will see. The unemployment rate is expected at 5.1%. Today, ISM Manufacturing will be released at 10 AM with expectations of 50.6 vs 51.1. The regional indices have not been stellar. Initial claims are expected at 271K

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