US Nonfarm Payrolls (NFP) on Friday will be newt on the investor’s radar. The level to beat for sellers is at the 1.1041 and 1.1016 support levels. EUR/USD daily chart On the daily time-frame, the shared currency is trading in a bear trend below its main daily simple moving averages (DSMAs). This Thursday, the United States Non-Manufacturing PMI came in at 56.4 in August vs. 54 forecast. The news gave USD a boost, sending EUR/USD down from daily highs. The NFP in the United States (US) is the important news on Friday. EUR/USD four-hour chart EUR/USD erased its daily gains as the market is trading below the 100 and 200 SMAs. Bears broke below 1.1041 by a few pips. Sellers will likely try to drive the market down towards 1.1016 and 1.0964 support levels, according to the Technical Confluences Indicator. EUR/USD 30-minute chart EUR/USD is trading below the 1.1041 price level and the 50 SMAs, suggesting a potential resumption of the bear trend. Bulls will need to reclaim the 1.1040 and 1.1073 resistances if they intend to extend the recovery. Additional key levels 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 Labour plot to trap UK PM Johnson by delaying general election until November – Telegraph FX Street 4 years US Nonfarm Payrolls (NFP) on Friday will be newt on the investor's radar. The level to beat for sellers is at the 1.1041 and 1.1016 support levels. EUR/USD daily chart On the daily time-frame, the shared currency is trading in a bear trend below its main daily simple moving averages (DSMAs). This Thursday, the United States Non-Manufacturing PMI came in at 56.4 in August vs. 54 forecast. The news gave USD a boost, sending EUR/USD down from daily highs. The NFP in the United States (US) is the important news on Friday. EUR/USD four-hour chart … 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.
