EURUSD has become non-volatile and impulsive and reached near 1.1400 area. EURUSD strike higher as ECB approved a stimulus package of 1.35 trillion.
EURUSD Bullish trend getting stronger and may reach 1.15 area soon. The pair become quite impulsive and non-volatile after bounce from recent support.
Gold Bulls may continue to push the price higher towards 2013 high. The Gold is turning into impulsive after breaking the corrective phase.
EURUSD Selling Rally awaits a break below 1.11 with a daily close. A break below 1.11 may lead the price to 1.10 again in the coming days.
The US Dollar Index is under pressure, adding to Friday’s losses and is testing fresh lows in the sub-98.00 area ahead of the opening bell in Euroland.
Ahead of NFP report, Gold price is currently trading above the $1410.78 support level with a descending momentum.
Today, the US jobs report for May is due out. What are the expectations major Banks from May US NFP data? Here is the forecast by economists.
US dollar index rises slightly ahead of important NFP data. The numbers are expected to show that the economy added 185k jobs in May.