{"id":102967,"date":"2017-03-06T09:17:15","date_gmt":"2017-03-06T14:17:15","guid":{"rendered":"http:\/\/countingpips.com\/?p=102967"},"modified":"2017-03-06T09:17:15","modified_gmt":"2017-03-06T14:17:15","slug":"eurusd-five-0-pattern-marks-two-way-trading","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2017\/03\/eurusd-five-0-pattern-marks-two-way-trading\/","title":{"rendered":"EUR\/USD Five 0 Pattern Marks Two Way Trading"},"content":{"rendered":"<div id=\"inves-2637329319\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">March 6, 2017<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p><b>By Admiral Markets<\/b><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/fxmedia.s3.amazonaws.com\/articles\/2017-03-06_14-30-29.jpg\"><\/p>\n<p>The main focus of this week is on mostly on <a href=\"https:\/\/admiralmarkets.com\/analytics\/forex-calendar\" target=\"_blank\">NFP and EUR Bid Rate<\/a> decision. With the market expectation of 3 rate hikes this year by the Fed, all eyes will be on this week&#8217;s NFP numbers. The key test for the Fed is to ensure that inflation is improving and full employment is maintained. However, if NFP is bulging above 200k, then it may give incentive to hike sooner rather than later. ECB is not expected to change the rate at this point.<\/p>\n<p>Technically, the EUR\/USD is in downtrend but due to Yellen&#8217;s comments about possible March rate hike, investors turned to profit taking where we saw the EUR\/USD spiking up on Friday profit taking. Traders need to watch possible spikes from POC buy zone 1.0555-64 ( L4, EMA 89, 5-0) and possible sell within 1.0660-80 zone (H3, ATR top, 88.6) where we can also see historical sellers. I am more inclined to sell on rallies due to higher time frame trends and EU problems with France, Italy and Netherlands but for intraday swings, two way trading is possible. Targets are camarilla pivots between these two POC zones.<\/p>\n<p>Follow <a href=\"https:\/\/twitter.com\/TarantulaFX\" target=\"_blank\">@TarantulaFX<\/a> on twitter for latest market updates<\/p>\n<p><b>Article by Admiral Markets<\/b><\/p>\n<p>Source: <a href=\"https:\/\/admiralmarkets.com\/analytics\/technical-analysis\/eur-usd-five-0-pattern-marks-two-way-trading\" target=\"_blank\">EUR\/USD Five 0 Pattern Marks Two Way Trading<\/a><\/p><div id=\"inves-1676403417\" 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<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>\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 main focus of this week is on mostly on NFP and EUR Bid Rate decision. With the market expectation of 3 rate hikes this year by the Fed, all eyes will be on this week&#8217;s NFP numbers. The key test for the Fed is to ensure that inflation is improving and [&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-102967","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/102967","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=102967"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/102967\/revisions"}],"predecessor-version":[{"id":102968,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/102967\/revisions\/102968"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=102967"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=102967"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=102967"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}