Market Brief / 07-12-2017

in #forex6 years ago

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US dollar gains came as firms across the country added 190,000 workers to their ranks in November.

EUR/USD continues its slow downtrend awaiting the payroll data on Friday. Preference is still for short positions below 1.1830 with targets at 1.1730. Alternatively, above 1.1830 look for further upside with 1.1880 as targets.

On the data slate there’s Switzerland Unemployment Rate; German Industrial Production; UK House Prices; Euro-Zone Government Expenditure; Euro-Zone GDP; US Challenger Job Cuts; US Initial Jobless Claims; US Continuing Claims; Euro-Zone ECB’s Draghi holds conference as GHOS chair in Frankfurt and US Consumer Credit.

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My Personal Trading Plan

SELL EUR/USD @ 1.1810 OR BETTER – STOP @ 1.1870 – TARGET @ 1.1730
SELL GBP/USD @ 1.3395 OR BETTER – STOP @ 1.3450 – TARGET @ 1.3310
BUY USD/JPY @ 112.35 OR BETTER – STOP @ 112.00 – TARGET @ 113.10
SELL CL0118 @ 56.30 OR BETTER – STOP @ 56.65 – TARGET @ 55.30
SELL AUD/USD @ 0.7560 OR BETTER – STOP @ 0.7600 – TARGET @ 0.7485
SELL XAU @ 1268 OR BETTER – STOP @ 1273 – TARGET @ 1255
SELL XAG @ 16.20 OR BETTER – STOP @ 16.50 – TARGET @ 15.65

THE ABOVE BRIEF IS MY PERSONAL OPINION AND DOES NOT CONSTITUTE ANY PROMISES OR GUARANTEES OF PROFITS. TRADING IN CURRENCIES AND COMMODITIES ARE HIGH RISKS. YOU SHOULD NOT TAKE ANY MATERIAL POSTED AS RECOMMENDATION.

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lordoftruth or lordof trading :)

forex trading...
thank's for sharing@lordoftruth

Thanks for the update of forex market news.
Thanks @lordoftruth
Have a nice day

Great information Forex market trending.
Upvote Resteem

Thank you sir this is a great news as always given by you I have also just posted the post can you please have a look at it @lordoftruth



Thank you



Great update for Forex trading .useful info
thanks for sharing
100% like and resteem

Thanks a lot for the market updates on regular time :)

Great update. thanks for sharing
((( Resteem Service))))

Thnx for Fiat market update, but it'd the time to focus on Cryptocurrency ☺

Thanks for your market strategy.