Tomorrow US labor data coming 👀 Strong trendline 1.00000 area
The dollar index continues to decline and tests an important psychological support at 110 Pressure from the ISM manufacturing index and negative expectations for the service index today The dollar is likely to face a wave of weak demand until the end of the week and the emergence of employment data to watch 110.00 108.90
As per Fed's Daly remarks states that the US needs further rate hikes to combat inflation hence why this current rally on indices and today's miss on JOLTS jobs report. Markets are continually providing volatility which equates to more opportunities for all market instruments. We have been breaking structure to the upside on NAS100 since Monday and all throughout...
Fed's work is not finished yet. But risk taking has caused the current upward movement. The possibility of falling
FX:EURJPY With confirmation , we would be looking at shorting EJ
Looking for a retracement at the 4 hour supply which lines up with a strong fibonacci level to continue down around the 11104.8 levels. I am bearish unless the market provides otherwise. We have a lot of fundamentals this week including NFP.
FX:GBPUSD when market opens on Monday , we would be able to know if the next wave drop is impulsive or corrective .However ,we still do expect a drop on gbpusd . nfp (non farm payroll ) and some other news would potentially give more data as to what to expect after the drop . COT data still shows gbp NET NEGATIVE on NON COMMERCIALS position. in other words,...
Hello Traders, I am doing a brief overview on the GBPJPY trade I took in New York Session today. After NFP news was release, we seen a triple top formation. After the engulfing candle from the triple top, enter a sell position to scalp. I ended up closing the trade early at 30 pips due to doubt of it reaching 161.616 level which is the daily low. Hope this...
$SPY (SPX500/USD) 👀 - 🚨Market Update: 09/02/2022 🚨 💎 After the release of the NonFarm Payrolls ( #NFP ) data this morning the US Currency Index ( #DXY ) tanked and stocks and cryptocurrencies rallied. 💎 This is due to the following key takeaways from release, as follows: ✅ (Positive) US Employers added 315,000 payrolls, exceeding the expected 300,000...
I long xauusd before NFP news today, and after news xauusd touch our target. this is the power of my trading strategy.
you can long xauusd at 1703 - 1705 zone stop loss at 1698 and take profit at 1718 best tips of trade is partial entry and partial exit.
• After failing to hit the 0.9900 lower low, the EUR/USD spiked higher. It has encountered resistance after climbing as high as 1.0018. • False breakouts through the downtrend line could bring new short opportunities. The immediate downside barrier is 0.9900. After the US data dump, EUR/USD may experience abrupt movements in either direction. • "Keep it Simple",...
Straight to target 3R saved by NFP on AUDUSD ,, Perfect forecast done before news release...
Looking to buy on NFP AUD USD POSSIBLE buy .. expecting continuation upside
KOG Report – NFP This is our view for NFP today, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trusted risk strategy in place. The markets are extremely volatile and can cause aggressive swings in price. We’ve...
Lulumelon Athletica Short Term - We look to Sell at 329.26 (stop at 346.16) They reported better than expected earnings and the stock jumped up premarket. The medium term bias remains bearish. We are assessed to be in a corrective mode higher. Bespoke resistance is located at 332.00. We therefore, prefer to fade into the rally with a tight stop in...
NFP analysis for the first Friday of the month! The expectation is for an increase of 295K with last month released at 528K (The previous month's forecast was 250K). And relatively unchanged in terms of the unemployment rate and average hourly earnings . If the data is released better than expected, the USD should strengthen. The EURUSD has found a wide trading...
NFP analysis for the first Friday of the month! The expectation is for an increase of 295K with last month released at 528K (The previous month's forecast was 250K). And relatively unchanged in terms of the unemployment rate and average hourly earnings . If the data is released better than expected, the USD should strengthen. Seriously, how low can the GBPUSD...