Publishing a potential gold reversal with an initial R/RR of 6.8. I think NFP tomorrow will ultimately decide the direction of this, would be happy to short if 1250 breaks tomorrow.
5th Elliott wave seems to be forming in 4hr chart. Buy with a target of 1.1300 and a stop loss of 1.1175
Very clear "Text book" shooting star signal at top of a 50% retracement and confluence at previous S/R level, as well as just below the strong 9 month upper trendline. Other pairs are also looking bearish for USD too. Enter short on 50% retrace of the pinbar @103.49 SL: above pinbar tail and trendline @104.16 TP: at likely support around 101.87
NFP News coming up, bearish outlook for USD. It may come down to retest Day chart support before shooting up when news comes out. Be careful trading NFP as it can go either way.
USDCAD is at the top of a corrective wave and bears are clearly lurking around the 1.3100-1.3200 area. The pair has sold off 6 times from this area over the past 4 months. There are multiple bearish signals forming at this key level on both the 4hr and daily charts. Mostly likely the only reason this market isn't moving is because there are major news...
The USD Jobs report missed expectations across the board with the print, earnings and URate the like. Market reaction was interesting to say the least, initally we said dollar trade aggresssively on the offer, however not for long. it was USD bulls who look to have closed the day winning. On reflection this makes sense given fed funds rate held up relatively well...
The Dollar Index declined this week after hitting its 200 days MA. Following NFP, the Dollar spiked down to test the Fast MA line and a broken downtrend line - Two elements that should have acted as support - and they did. A breakout above 96$ will lead for extended rally towards 98$ and maybe even 100$ to complete a bearish Bat. A breakdown below 95$ will...
NFP appears in minutes. All pending data operators. They operate with the trend, not as they decide. www.fxstreet.com
I am short before NFP, looking for 1:1 ratio. My exact pips is about 50 pips from current price of 1.119 currently price stalled at troubled area. Thats why i am takin 1:1 risk
What you should know about Non Farm Payrolls this Friday by #ForexSQ goo.gl USD/JPY is staying close to 50% Fibo retracement of its last downward movement around 103.40 area. With a decisive move above that resistance pair may target 104.10/20 area where Fibo %61.8 retracement of the same movement and Fibo %38.2 retracement of major downfall that started towards...
What you should know about Non Farm Payrolls this Friday by #ForexSQ goo.gl The divergence XAU/USD showed on daily graph was followed with a break of 1335 support where Fibo 23.6% of the latest upward movement is located. Daily graph show that prices are around the lower line of the Bollinger Band also CCI is correcting oversold reading -220 but still stays below...
EURUSD has gotten into a triangular hole, is not the best place to be today, many stops to play, guaranteed volatility, traders today is day of Band-Aids. Be careful and clever, follow the direction not the twists !! www.fxstreet.com www.fxstreet.com www.fxstreet.com
I see price going up to 104.24 23% fib weekly level with matching point with a weekly trend line...also stron S&D zone matchign with this 2 confirmations mixed with a completion of an 2nd impulse elliot wave! Happy trading and use proper risk managment we got NFP coming,if you want more free signals join our FREE telegram chat!...we catching 500+ pips weekly telegram.me
EURUSD Bullish For NFP September 2016
NZDUSD is approaching the SELL AREA, I'm expecting the NFP to be BEARISH for the USD dollar so xxxUSD should go up, plus if we take a look at this chart the BULL aint gone yet! I will put some beautiful sell limit and on a short for around 500 PIPS! -- Make sure to LIKE and FOLLOW for more CHARTS ANALYSIS!
EURUSD overall in still a bearish market but shorter term it is in a BULLISH market, I'm expecting the USD to weak more during the NFP, the USD dollar INDEX already show some HUGE sign of weakness. I WONT BE BUYING, I will be selling at the peak UP! -- We have two zone, SELL and BUY EURUSD is approaching the SELL area! Really simple I will ave SELL LIMIT at...
USD disappointingly failed to maintain its heavily demanded week when ISM PMIs not only fell short of expectations but also showed a slight contraction by slipping across the 50 mark to the downside. This data pattern however has been consistent for USD, where it has failed to show any upbeat prints, though in the past months the Job market has been able to stand...