[EURUSD] 2017 - Medium term Analysis

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We think that 2017 could be a very interesting year for eurusd. This year there will be some key events which could affect about this pair, and as always, our work will try to seize the opportunities that the market will provide us.
2016 was a very profitable year for our trading, and we are sure that our followers have benefited from this.
Happy trading and happy new year!

...one year ago.....

(EURUSD) Waiting Super Mario... everything can happen!!

Thank you for your support and trade with care!

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On a shorter term basis, the main focus in the U.S. this week will be the December non-farm payrolls report which will help shape expectations for how quickly the Federal Reserve will raise interest again. Job growth is expected to be strong and a pickup in wage growth is expected after a drop in November. The FOMC minutes will reinforce the Fed's hawkishness while the ISM reports should show that so far, the strong has dollar has had a limited impact on manufacturing and service sector activity.

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Fed Fund futures are currently pricing in a 58.5% chance of a rate hike in June and a 77.5% chance of a hike in September. Said that, this week's Beige Book could still report general improvements in the U.S. economy as that is the overall trend... we'll see!

Thanks for your support and trade with care!

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