An aversion to risk dominated the global financial markets today, adding fuel to the US dollar’s recent recovery. The GBP/USD and USD/CAD currency pairs saw moves exceeding 100 pips during today’s New York session.
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Non farm payrolls “high volitility event driven continuation breakout strategy” employed during a live webinar at fxstreet.com with close to 1000 registered traders. Headline numbers were “less good” and created a bullish opportunity on the EUR/USD, as the EUR/GBP was also bullish after the news. We used price action, resistance and then a fibonacci pull [...]
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