Jobs growth in August way off market’s expectation. Last Friday, the U.S. Bureau of Labor Statistics reported 235,000 jobs being created in August, way below the market’s expectation of 720,000. The leisure and hospitality sector, the main driver behind the strong jobs growth for the past several months, added zero jobs amid the rise in COVID cases. With the...
Hello Traders, Enter on the trend line break to the upside. "US futures (reminder that it is a US holiday) are steady as equities are keeping the calm despite the payrolls miss on Friday, which does cast some doubt on Fed taper expectations and in turn, keeps the thought that easy money is here to stay for longer." As NZD is a risk sensitive currency it follows...
As you can see, exactly according to the previous analysis, the dollar index fell to the range of 92 and reached its first support range, now there are two scenarios, one is that the price will break this level and continue to fall, and the second scenario That is, the price should be supported in this range and fluctuate in this Area.
Given that the price has reached an important resistance, we expect it after a short correction to move to the 1.19 and 1.20 targets again . FX:EURUSD ⚠️ This Analysis will be updated ... 👤 Arman Shaban 📅 06.Sep.2021 ⚠️(DYOR)
USD PROJECTED TO DROP DURING NFP ENTRY AT: 109.900 EXIT: 10 - 15 PIPS
MAJOR CURRENCY MARKET GAIN POSITIVE MOTION AMIDST WEAK NFP REPORT September 4/2021 The major currencies market was seen earlier on Friday 3rd September 2021 moving in a low volatility state, in preparation for the NFP report. market analysts and economy forecasts expertise have, however, set up an expectation ahead of the US economy Non-farm payroll update in...
chart: Gold TimeFrame: H4 Analysis Method: Technical Analysis Analysis : If it break 1830 level then it will go up. But i thin it will go down badly so be prepare and put S.L in every correct point. Trade Plan: Scalping + long term Risk Management 0.4% Things to Watch For : Wait for New .Its Depend on data .
GBP vs JPY we can consider Down trade after RETESTS *Wait end of 30min candles
Well, we saw that with the announcement of Nonfarm Payrolls (NFP) , the market finally found its direction (Trend) and dollar Index began to fall sharply , and gold reached to 1830$ Resistance level . Now we have to see if the price can stabilize above the level of $ 1823 or not ... After such a growth, the market will probably fluctuate in the same range next...
Well, we saw that with the announcement of Nonfarm Payrolls (NFP) , the market finally found its direction (Trend) and dollar Index began to fall sharply , and gold reached to 1830$ Resistance level . Now we have to see if the price can stabilize above the level of $ 1823 or not ... After such a growth, the market will probably fluctuate in the same range next...
GOLD has been moving in a range of 15$ for a whole week now. This is not unusual but normally after such a thing price tends to fluctuate a lot. We could see a breakout tomorrow during the NFP. Right now we're in an uptrend on the hourly chart and it's more likely to see price continuing in that direction. The first resistance is at 1829. However, it's...
Sharing here live NFP trade I've learned from Wayne Mcdonell of FX Bootcamp in trading Non-Farm Payroll.
We had to wait for NFP to cause some moves in price action, so we can finally see GOLD breaking out of its range. We can already see price moving due to the news. We have our closest support and resistance and we need to see in which direction it will breakout. As you already know that means for price to close below/above those levels on the hourly (at...
A set up pointing to a sell, ranging session, i think we will drop for NFP. I have seen this before, a perfect set up for news to act as a "random" catalyst.
Forecast 03 September 2021 The U.S. Federal Reserve has repeatedly made it clear that the main criterion for winding down support measures would be a stronger labor market. Most interestingly, after disappointing data in July, where unemployment rose to 5.9%, we saw a strong strengthening in August, with unemployment falling to 5.4%. Many analyst agencies have...
The Australian dollar rally has continued on Friday, as the currency is higher for a fourth straight day. Currently, AUD/USD is trading at 0.7430, up 0.43% on the day. The US dollar continues to falter, and the Aussie has taken full advantage. AUD/USD has gained 1.66% this week, after sharp gains of 2.42% a week earlier. Investors have given the Australian dollar...
Non farm payrolls coming up all technical and fundamentals to be put to the test today let's go traders bring it home. Well from the weekly up to our lower time frames the EURUSD is in a clear UPTREND we should be looking for buys only now. Confluences 1.Market on the 4h time frame has been consistently Breaking structures. 2.Market has been and should continue...
The sentiment has been to sell USD as we start the new month in the fx market. Fundamentals haven't favored the dollar as covid numbers continue to rise and Non-farm Employment change has been disappointing. I see an opportunity for Gold to continue its trend upwards from August as we hit a slight resistance level at $1815.00. A price pullback may be just what...