This is our NFP View on EurUsd Symmetrical triangle has formed
DXY D1 Like we mentioned, non-farm payrolls, average earnings and unemployment figures are coming out this afternoon 1:30pm UK time, so as the NA session comes into play. We can expect some nice volume. This may be the trend setter for the month ahead. We are obviously hoping to see the USD correct and pull down towards that 94.500 region, which would...
The structure of cadjpy as given more than three bearish confirmation for bearish, The resistance line is currently given a rejection, the market formed an head and shoulders structure, the market broke a bullish trendline as well, so for this reason, I have an 80% bearish confirmation because the price action is giving a bearish signal as well. This is not a...
DYX will sell the NFP will be negetive to the dolllar we buy XXXUSD and Sell USDXXX 15:30
Well, as you can see, yesterday in the 4-hour time frame, we saw the first and most important bearish signal with the opening of the New York market, and the price started to fall exactly from the $ 1830 range, and so far it is in the $ 1790 range. It has given us a return more than 400 pips. If $ 1785 support is broken, the next targets are $ 1777 and $ 1765. ...
The Japanese yen has edged higher and is back below the 116 level. Still, the yen remains vulnerable, especially with US treasury yields moving higher. Earlier in the week, USD/JPY broke above116 line for the first time since January 2017. The dollar has managed to push the yen to 5-year lows on the back of rising US Treasury yields. The 10-year yield, which...
Using a Fibb retracement indicator, I discovered that ucad is forming an higher highs and higher lows to take off the bearish liquidity that happened in December 2021. And, considering the Fibb trend, it look as if the higher highs and higher lows formed an edge. Considering what I’m seeing on my chart, I’m expecting a bullish move from UCAD after the current higher low.
The euro started the New Year with sharp losses, but the currency has rebounded on Wednesday, posting gains of 0.44% and punching above the 1.13 level. Germany's service sector showed contraction in December, falling below the 50-level for the first time in eight months. The PMI fell from 52.7 to 48.7 points. The German recovery stalled in December, as the...
The British pound has started the New Year in negative territory. GBP/USD has dipped just below the symbolic 1.35 level. The British pound ended 2021 with a winning week, gaining 1.03%. It was the second week in a row in which GBP/USD gained over 1%, as the risk-sensitive pound continued to make inroads against the safe-haven US dollar. On Thursday, GBP/USD rose...
November 2021 Non-Farm Payrolls Data Release Last Friday saw the release of the monthly US non-farm payrolls (NFP) data for November 2021. This data is often closely watched by markets for clues as to the state of the US labour market and economy, and as such, the data can influence the Federal Reserve’s monetary policy. However, it has been a long time since NFP...
The price of gold has reached an important static level, which puts two scenarios in front of us, if the price closes below $ 1776, we can expect a fall to the range of $ 1766. Scenario 2 also happens with the breaks of the downtrend channel , in which case with the breaking of this channel we can look for a trigger for Buy position. Follow our other analysis &...
Hello Folks hope you're doing well, Possible trade I can see for now after NFP for EURUSD as I believe the DXY should soar higher... It is Friday,,, so be careful kn this one Thanks
NFP Trading ?? Bull or Bear ? What do you Think ? The price is currently held by the support level of $ 1770, but has lost its dynamic support and has completed its pullback to that level. If the level of 1770 breaks, our Sell position trigger will be activated. The targets will be $ 1760, $ 1747 and $ 1727, respectively. Follow our other analysis & Feel free to...
NFP Trading ?? Bull or Bear ? What do you Think ? The price is currently held by the support level of $ 1770, but has lost its dynamic support and has completed its pullback to that level. If the level of 1770 breaks, our Sell position trigger will be activated. The targets will be $ 1760, $ 1747 and $ 1727, respectively. Follow our other analysis & Feel free...
Hi there NFP is coming in a matter of minutes I guess that is gonna be level of reaction Trade safe or better not to trade news This is not financial advise DYOR before taking trades
Hey Trader, please see my latest idea on Gold, where we have finished our last wave in the form of an ending diagonal. I expect massive buying momentum based on this technical knowledge. For further informations please see below, RT
GBPUSD needs to come down to clear the minor lows and also mitigate the FVG which is conveniently in the Fibonacci discount zone at 1.3250 then we can expect to BUY from there. With the help of fundamentals today we should see that aggressive 80 pip move to that bearish OB marked up there.
Gold is currently in it's fifth and final wave with wave IV ending on march 2021. Fifth wave of gold looks extended hence it's going to take years to reach target. price is currently at wave 2 of (3) of V. wave 3 might begin soon.. probably during or after NFP. stop loss is around 1678. also price is at 50 % of wave 1 of (3) ... 61.8 % is also likely but not much...