The pair trims gains and tests 1.1430 on US NFP. The greenback leaves session lows and gathers some traction. US Non-farm Payrolls came in above expectations at 250K. After clinching fresh tops in the 1.1450/60 band, EUR/USD has now receded to the boundaries of 1.1430 on better-than-expected Payrolls results. EUR/USD remains bid following Payrolls Despite the knee-jerk from daily highs, the pair remains bid after US economy created 250K jobs during October, surpassing consensus at 193K and up from September’s 118K (revised from 134K). Additional data showed the unemployment stayed put at 3.7%. Furthermore, the critical Average Hourly Earnings – a proxy for wage inflation – expanded at a monthly 0.2% and 3.1% over the last twelve months, both prints in line with forecasts. EUR/USD levels to watch At the moment, the pair is up 0.19% at 1.1430 facing the next hurdle at 1.1466 (21-day SMA) seconded by 1.1508 (low May 29) and finally 1.1550 (high Oct.22). On the other hand, a break below 1.1398 (10-day SMA) would target 1.1334 (low Oct.26) en route to 1.1316 (200-week SMA). FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Gold Technical Analysis: Struggles to build on positive momentum, upbeat NFP report capped gains FX Street 4 years The pair trims gains and tests 1.1430 on US NFP. The greenback leaves session lows and gathers some traction. US Non-farm Payrolls came in above expectations at 250K. After clinching fresh tops in the 1.1450/60 band, EUR/USD has now receded to the boundaries of 1.1430 on better-than-expected Payrolls results.EUR/USD remains bid following Payrolls Despite the knee-jerk from daily highs, the pair remains bid after US economy created 250K jobs during October, surpassing consensus at 193K and up from September's 118K (revised from 134K). Additional data showed the unemployment stayed put at 3.7%. Furthermore, the critical Average Hourly Earnings - a… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
