{"id":101680,"date":"2017-02-03T07:51:41","date_gmt":"2017-02-03T12:51:41","guid":{"rendered":"http:\/\/countingpips.com\/?p=101680"},"modified":"2017-02-03T07:51:41","modified_gmt":"2017-02-03T12:51:41","slug":"pre-nfp-report-eurusd-has-almost-completed-abcd-pattern","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2017\/02\/pre-nfp-report-eurusd-has-almost-completed-abcd-pattern\/","title":{"rendered":"PRE NFP Report: EUR\/USD has Almost Completed ABCD Pattern"},"content":{"rendered":"<div id=\"inves-121213639\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">February 3, 2017<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p><b>By Admiral Markets<\/b><\/p>\n<p>\n\t<img decoding=\"async\" src=\"https:\/\/fxmedia.s3.amazonaws.com\/articles\/2017-02-03_13-24-48.png\">\n<\/p>\n<p>\n\tThe single most important event today is <a href=\"https:\/\/admiralmarkets.com\/analytics\/forex-calendar\" target=\"_blank\">NFP with Average Hourly Earnings and Unemployment rate<\/a>. The data that comes out will determine next movement of the EUR\/USD pair. Currently the EUR\/USD has almost completed the bearish ABCD pattern which still can retrace within the POC zone. POC zone 1.0680-1.0695 (ATR low, EMA 89, L3, DPP, Trend line) should either reject or break, depending on the US data today. If it rejects next targets are 1.0760 and 1.0810 followed by 1.0870. If the EUR\/USD breaks below the POC zone &#8211; 1.0780 traders should watch for 1.0760 and 1.0630 followed by 1.0580. US data will be very volatile today so I suggest using a <a href=\"https:\/\/admiralmarkets.com\/products\/volatility-protection\" target=\"_blank\">VPS protection tool<\/a>.\n<\/p>\n<p>Follow <a href=\"https:\/\/twitter.com\/TarantulaFX\" target=\"_blank\">@TarantulaFX<\/a> on twitter for latest market updates<\/p>\n<p>\n\t<br \/>\n<a href=\"https:\/\/admiralmarkets.com\/trading-platforms\/metatrader4-se\/\" target=\"_blank\"><img decoding=\"async\" src=\"https:\/\/fxmedia.s3.amazonaws.com\/cta\/images\/58341aa46e42e1479809700.png\" alt=\"MT4 Supreme Edition + Volatility Protection\"><\/a><\/p>\n<p><b>Article by Admiral Markets<\/b><\/p>\n<p>Source: <a href=\"https:\/\/admiralmarkets.com\/analytics\/technical-analysis\/pre-nfp-report-eur-usd-has-almost-completed-abcd-pattern\" target=\"_blank\">PRE NFP Report: EUR\/USD has Almost Completed ABCD Pattern<\/a><\/p>\n<hr style=\"border: 1px dotted #eee;\"><a href=\"http:\/\/www.admiralmarkets.com\/\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/countingpips.com\/articles-analysis\/wp-content\/uploads\/2016\/03\/AdmiralMarkets-sig-1.png\" align=\"left\" height=\"87\" width=\"141\"><\/a><\/p><div id=\"inves-2106222990\" class=\"inves-in-content inves-entity-placement\"><hr style=\"border: 1px solid #ddd;\">\r\n<div id=\"inpost_ads_header\">\r\n<p style=\"font-size:10px; float:left; color:#666;\">Free Reports:<\/p><\/div>\r\n<div id=\"inpost_ads\"> \r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/1ApBOV\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2018\/06\/graph_techs_PD.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t     <a href=\"https:\/\/goo.gl\/1ApBOV\"><b><u>Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p><br><br>\r\n<br>\r\n<br>\r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/f3RrHX\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2019\/01\/cot_pie_80.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t    <a href=\"https:\/\/goo.gl\/f3RrHX\"><b><u>Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p><br><br>\r\n<\/div>\r\n<hr style=\"border: 1px solid #ddd;\">\r\n<br><\/div>\n<p style=\"text-align: justify;\">Admiral Markets is a leading online provider, offering trading with Forex and CFDs on stocks, indices, precious metals and energy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Admiral Markets The single most important event today is NFP with Average Hourly Earnings and Unemployment rate. The data that comes out will determine next movement of the EUR\/USD pair. Currently the EUR\/USD has almost completed the bearish ABCD pattern which still can retrace within the POC zone. POC zone 1.0680-1.0695 (ATR low, EMA [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-101680","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/101680","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=101680"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/101680\/revisions"}],"predecessor-version":[{"id":101681,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/101680\/revisions\/101681"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=101680"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=101680"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=101680"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}