EUR/USD Testing 1.1875 Resistance Zone on NFP Day

EUR/USD Testing 1.1875 Resistance Zone on NFP Day

Video with EUR/USD Analysis

  • Review of technical analysis on EUR/USD, GBP/USD, USD/JPY
  • Analysis of US30, DAX30, BTC/USD, ETH/USD, Gold, and Silver
  • Expectations around the NFP news event from the U.S.
  • Review of short-term and long-term charts for this and next week

What to Expect from US Dollar and NFP

The EUR/USD is testing a key resistance zone at 1.1875, which is a key decision zone. A bearish bounce could test the support at 1.175-1.18.

We also analyze the USD/JPY, which is in a triangle chart pattern and needs a break on the daily chart.

There is also a review of GBP/USD, DAX, DJI, Gold, BTC, and Ethereum price charts. See the video below from our technical analyst Chris Svorcik for all of the details.