The EUR/USD pair extends its downside trend for the third session in a row, correcting from its multiyear highs, posted on Tuesday in the region of 1.2070. By the moment of writing, the pair has lost about 2 cents since its recent highs, consolidating its retreat in the area of 1.1870-90. The fall of the pair is mainly due to the recovery of the dollar, following easing political conflict around North Korea and widespread profit taking actions after higher volatility period. Moreover, yesterday’s positive ADP jobs change and flash GDP numbers also added some confidence to the US dollar. However, further retreat may lack of momentum, as investors are preparing for another risky event of this week – NFP, which will be released on Friday. Now immediate focus remains on the prelim. EU CPI report, which will shape up pair’s near-term direction, while the US data calendar will keep investors busy during the NA session.
Today the USD/JPY pair continues to trade in the north direction for the fourth consecutive session, expanding its recovery from 4-month lows, touched earlier this week. Strong upside trend of the pair can be mainly attributed to the ongoing recovery of the US dollar, boosted by strong increase in jobs by ADP and upbeat US GDP figures, while red numbers of preliminary Japanese Industrial Production report negatively affected the yen. Adding to this, cooling off tensions around Korean Peninsula and improving investors’ risk appetite also underpin pair’s positive traction in the second half of this week. However, improved risk sentiments may turn negative later this session, as we are heading towards the main event of this week – NFP, which will be released tomorrow. Meanwhile, today investors will focus their attention on the bloc of US fundamentals, featuring Pending Home Sales data and several secondary tier reports, for fresh trading opportunities, which will be available in the NA session.
The Kiwi was the main outsider of the Asian trading session, allowing the NZD/USD pair to refresh its nearly 3-month lows at 0.7145 level, despite full steamed risk-on trend, which was underpinned by positive Chinese construction data. Currently the pair is remaining within striking distance of its recent lows, as the Kiwi continues to suffer from yesterday’s RBNZ Governor G.Wheeler’s dovish talks regarding higher NZD. Adding to this, growing demand for the greenback, supported by yesterday’s positive data from the US economy, also weighs heavily on the NZD/USD pair on Thursday. Now all traders’ attention shifts towards the bloc of US reports, which contains data from the US housing market and several second tier data releases, while the US dollar price dynamics will continue to navigate the pair throughout this trading session.
The GBP/USD pair was showing subdued trading dynamics in Asia, wobbling slightly above the level of 1.2900, as several driving factors were influencing the pair. The greenback continues to gather strength against its main peers, benefiting from yesterday’s upbeat US GDP and ADP jobs reports, which have underpinned market’s hopes of a Dec Fed rate hike. On the other hand, improved risk appetite, boosted by positive results from the Chinese manufacturing sector and easing tensions around North Korea, remains one of the key drivers across the market on Thursday that positively affects higher-yielding GBP. Today the UK docket will remain silent, offering nothing that could influence pair’s trajectory, while the US economy will bring data from the housing market, which expectedly will keep investors busy in NA session.
The main events of the day:
German Unemployment Change – 11.00 (GMT +3)
Prelim. EU CPI – 12.00 (GMT +3)
Canadian GDP– 15.30 (GMT +3)
US Pending Home Sales – 17.00 (GMT +3)
Support and resistance levels for the major currency pairs:
EURUSD S. 1.1812 R. 1.2018
USDJPY S. 109.16 R. 110.96
GBPUSD S. 1.2853 R. 1.2971
USDCHF S. 0.9499 R. 0.9713
AUDUSD S. 0.7823 R. 0.8033
NZDUSD S. 0.7133 R. 0.7311
USDCAD S. 1.2449 R. 1.2721
Follow us on Facebook to stay up-to-date with important events on Forex market.
The best conditions for making a start on STP only at Forex.ee! Register an account now and feel the difference from the first trade!
Your European ECN-broker,
接受许可协议，勾选我接受许可协议复选框，然后单击下一步继续。 插件需要安装到与MetaTrader 4平台相同的文件夹，选择正确的目录。然后点击安装。 安装过程会显示进度条，安装完成后，点击下一步。 点击完成按钮结束安装关闭安装对话框。勾选运行MT客户端选项，将自动启动MT4客户端。 激活一键交易插件(OCTL2P)之前请检查智能交易的设置：选择MT4客户端工具 → 选项，然后选择智能交易系统标签，勾选启用智能交易 和 允许导入动态链接库选项。然后点击确定。 在导航窗口激活智能交易，点击智能交易系统，双击OneClickTradingLevel2或拖动到图表上，点击确定。 如果EA成功激活，在图表右上角会显示笑脸图标.
请指定MetaTrader4的安装目录，并设置在开始 → 所有程序菜单文件夹中显示的名称。我们建议使用默认安装设置。选择安装成功后你是否想创建一个桌面快捷方式，打开MQL5社区网站或启动程序。点击下一步。