Confusion over upcoming NFP data and technical indicators
So I had been doing my study today and nicely of course saw the 180k stated figure for the NFP which, if it does turn out to be the case, will increase the value of the dollar. This being said therefore should entail that going long on the EUR/USD for. . .say. . .the next few hours is stupid, not so? However after having had a quick glimpse in the technical indiors on Investing.com they all appear to revealing Buy or Strong Buy. What's this going to become a profitable investment? Surely going on the EUR/USD is a lot more brighter if you intend on closing your commerce, say, until the weekend. I am a bit of a newbie and your help explaining this would be greatly appreciated!