[EUR ]Non-Farm Payroll's shock

EUR/USD 4-hour chart, source: forexfactory.com

Non-Farm Employment Change in U.S. is most powerful economy indicator in the currency market. Whatever it shows, the market volatility is emphasized. It is recommended that the traders just watch the market not to trade at the moment of the index being reported.

The report on Friday was negative to greenback, Non-farm payroll recorded increasing 156 thousands. Market expectation was 175 thousand increasing and the previous report was 204 thousand increasing.

More terrible report than expectation led EUR/USD to plunge more 60 pips. One of the major currency pair faced the resistance band around 1.06 and tested the breakthrough, but the negative report repelled the currency pair.

It seems that the price of pair falls more, but it may rebound at 1.0456 and test the resistance price band again. It may break through the band but the downward trend is still available, I guess.

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[EUR] まだ強いドル

EUR/USD weekly chart, source: forexfactory.com

ウィークリー・チャートでは、主要通貨ペアEUR / USDの1つが明示的に下降傾向を示した。 トレンドの転換の可能性はあるものの、ユーロは上昇しなかった。

新年が始まり、新しい市場が開かれました。 しかし、ユーロ高の転換期は、上半期には見えないかもしれない。 通貨ペアの周りの経済状況は強いドルを支えます。 FRBは先月、米国の基準金利を先月引き上げたが、主要国の別の中央銀行は、経済状況が不透明な状況であるため、決定を躊躇する。 中国のリスクはアメリカへの資本流入を引き起こすかもしれない。 この流れは、元金の価格を引き上げるでしょう。

多くの参加者はドルに対するユーロのパリティを期待している。 ユーロは2002年以来1.00を下回っていません。技術分析の他に、米国以外の世界の不況が歴史的な均衡を再びリードしています。

[EUR] Still strong dollar

In the weekly chart, one of the major currency pair EUR/USD showed the downward trend explicitly. There were some probability of trend switch but euro failed to rise.

New Year began and new market opened. But the turning point of strong euro may not seem in first-half year. The economic situation around currency pair supports strong dollar. Fed already raised U.S. benchmark rate last month, but another central banks in major countries hesitate the decision because the economy situation is under the uncertainty yet. China risk may provoke capital flow into America. This flow will raise the greenback's price.

A lot of participant expect euro's parity against dollar. Euro hasn't fallen under 1.00 since 2002. Besides the technical analysis, depression around the world except U.S. leads the historical parity again.

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EUR/USD weekly chart, source: forexfactory.com