EURUSD before NFP As expected, yesterday we saw another downside push on EURUSD. Today we've also got important news coming out. There is a higher probability for a downside continuation and we're still looking for a move below 1,1500. The first resistance is at 1,1575 and in case price rejects that level, we can look for selling opportunities from that...
With its back up against a wall, the US Federal Reserve has pledged to begin tapering its asset purchase program. Beginning later this month, the Federal Reserve will reduce the number of US Treasury Securities it purchases each month by US $10 billion and the number of Mortgage-Backed Securities by US $5 billion. How did the USD react to the Federal Reserve...
The previous analysis performed in 2-hour timeframe is still valid. This analysis is just a closer look at the previous chart. Given that the price has reached a significant static range after the Break of its dynamic resistance and has reacted negatively to it, I expect the price to fall again to the level of $ 1782 if the price does not stabilize above $...
Given that the price has reached a significant static range after the Break of its dynamic resistance and has reacted negatively to it, I expect the price to fall again to the level of $ 1782 if the price does not stabilize above $ 1797. Follow our other analysis & Feel free to ask any questions you have, we are here to help. ⚠️ This Analysis will be updated...
OANDA:XAUUSD typically has little to no movement the day before NFP (non-farm payroll) So I wouldn't expect large moves today but I do see a perfect breakout pattern today and the larger timeframes show the momentum towards the bullish side. Also gold has been consistently bouncing between these price ranges with the current range being on the low side. I would...
As we approach the Fomc, we expect the Federal Reserve to start the tapering process. This will support the dollar, therefore pressure the gold. If the NFP also prints a positive figure, the pair will reach target next week.
USD could the dollar index be getting back on its feet. Fourth-quarter early bullishness could be setting in early to set tone for early sessions come 2022 first quarter. I am bullish on the dollar index. Technically I am looking to go long long on a long-term basis. USD could be setting itself up to justify the move going down following my observations of...
• market haa formed an upward trendline for the past months and has come back to respect it 7 times • earlier this month it respected it again and impulsed up and then during this month it lost some momentum, formed a corrective move and changed direction for a short period of time • at the end of last week it broke above a previous HIGHER HIGH and it was...
let us keep the train moving!! this weeks NFP is going to change my life your life and every traders life!!! 😡 i do not care how many accounts you blew or if your equity is below $5 all it takes is mustard seed faith. and remember WHAT YOU HOPE FOR SHAPES WHAT YOU LIVE FOR!
XAUUSD TF H4 forming a falling wedge pattern, and and potentially breakout base target price 1791.70
I personally don't and this idea shows a EURUSD trade I'm currently in. We trade the plan and all the back test data at foot of this idea includes NFP days. Those spikes can be big and some times don't go the way we would like but on news days keep your risk and emotions in check. Trade details for current trade are shown on the chart. We are working the...
The Nonfarm Payroll (aka, NFP report) is making a habit of missing its forecast by wide margins. September’s NFP rolled on Friday, revealing that a meagre 194K jobs had been added to the US economy last month. Perhaps the NFP report wouldn’t have been as disappointing had forecasts not predicted September added 500K jobs for the month. Job growth held to...
During Friday, we saw NFP manipulation push Gold up 1780 completing a 5 wave impulse move to the upside, before crashing back down again. As with every healthy trend, market requires a correction which we are now seeing in Gold. Now that the first impulse cycle is completed, I am expecting Gold to correct itself to the downside & fill in any imbalance created...
After NFP, The gold finished up trend and then continue the correct way.. That one is going down up to support zone around 1677.. I'm waiting up to it will occurred.. What's your idea ? if you agree with me, please tell me what is the cheapest price of gold in your idea for finishing the bearish trend ?? if you disagree, please tell me your idea and the exact time...
Goodday traders, A great scalping week we have had so far with many pips up and down to scalp. Gold is clearly waiting for a catalyst to get out of this $20 range, and NFP might just be the trigger. As mentioned earlier, the FED has two targets to raise interest rates and start tapering. The first is inflation above the 2% target per year (currently sits around...
Gold is attacking the resistance zone after NFP report and after already impulsing out of a wedge after hitting a double bottom. dont jump in any direction yet if we break the zone with confirmations more upside to the top of descending channel is probable, if we fail to break another drop to 1723 is very likely
Hello Traders Here is a new Buy Opportunity 💹USD/CAD - BUY STOP ✅ Entry @26.050 or above ✅TP-1# 26.200 ✅TP-2# 26.500 ✅TP-3# 27.000 ✅SL# 25.400 My Forecast : This Pair Will go up LONG USDCAD LONG expected - ADP Forecast + Oil Potential SPR Release Tomorow Friday NFP Release : Forecast 750K - Previous 235K Source : www.investing.com Crude Oil Bears Take...
My target for gold during NFP. Price already in sell zone..261 fibonacci which is max level for pullback and HNS zone in higher timeframe