Initial Jobless Claims stands at 281K ,USD continues rising !

forex13 oe0f4i min
forex13 oe0f4i min

U.SĀ Initial Jobless Claims has declined to 281K ,below expectations 285K . Continuing Jobless Claims also declined to 2,304K , below expectations 2,356K…

This development is likely to advance the US dollar..let’s see market impact on major pairs:

EURUSD : The pair remains under pressure , short term resistance comes at the 1.0765/1.0830 levels , eyes on 1.0700 levels..

GBPUSD : Resistance comes at the 1.4850/1.4877 levels , further down is likely towards the 1.4740 levels..

USDJPY : As long as the pair trades above 119.35/119.50 levels , It’s likely to recapture the 120.45 levels…