US jobless claims miss - Forex News by FX Leaders

US jobless claims miss

Posted Thursday, May 5, 2016 by
Skerdian Meta • 1 min read

The US jobless claims were just published. They were expected at 261k but the number was 274k. The market was expecting that though because yesterday the employment numbers missed the expectations as well. The US Dollar lost a few pips right after the release but we think that this will be short lived and the market will turn around. So, we opened a sell signal in NZD/USD.

 The 200 MA in pink is a good selling place

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About the author

Skerdian Meta // Lead Analyst
Skerdian Meta Lead Analyst. Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.
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