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The market(EUR/USD) pretty much stayed more like a sleeping snail, thanks for US labor day and UK bank holiday. Given the lack the volatility markets try to gain a bit, this happens because of the biased market makers move in the opposite direction on low volatility days. So in all my predictions the market is gonna go further down in the coming days of the week for a small correction in the uptrend before either consolidation or a trend continuation .
charantech's Blog
NFP
NFP in the first day of the month makes the trading super interesting. I think the effect of NFP has to be seen in the context of lingering rate hike which would make it tricky to interpret. My take is, I see dollar strengthening in the coming weeks. So betting on the downside on other currencies until our next economic indicator