The most common situation is that the price will stop here until tomorrow when you leave the NFP data. Best rest easy, promises movement. www.fxstreet.com
GBP/USD has been staying in a consolidation channel for the past two months since Brexit. Positive NFP numbers may force the pair to test 1.28 level. In case that support is violated, 50% Fibo expansion of Brexit fall around 1.24 level could be the next target. 1.33 area where Fibo 23.6% retracement is located can hold as a strong for a resistance for a while. 50...
Looking at the EUR/USD daily graph ForexSQ exprets see that the uptrend that started on 25th of July ended on August 18th. 50% Fibo retracement of that move is around 1.1155/60 and as the pair continues to stay below that level 1.11 area (Fibo 61.8% retracement) and 1.1040 (Fibo %78.6 retracement) can be targeted with the help of positive NFP numbers. It is also...
With data from Monday and Tuesday supporting the bullish sentiment on US Dollar, we are expecting the dollar strength to continue at least for today till tomorrow, where traders will then turn their focus and attention towards Friday NFP and Average Hourly Earnings. Find out what does this mean to the US Dollar, and how you can take this opportunity to profit...
The USDJPY is starting a movement medium term, with weekly indicators enplazo replicating what has been done in these last days newspaper. Next target, 104.00. You are exceeding the trend, straight to the WMA 200, projection range in 106.00. www.fxstreet.com
we have a Demand strong resistance at 0.76706, ABCD Extension zone along with confluence from the Channel. Happy Trading !
August 8, 2016 This is an abstract from my one of my blogs: www.lucky-index-trading.blogspot.com Compare this chart with my previous publication and comments So, from my experience, this is how it worked (and obviously I am merely stating a little portion of the big picture, but so far this "luckily" was enough to help predicting some moves based on...
Catching USDJPY burst from the 101.00 level on the excellent July NFP number and possible heading towards the 103.00 level. "How I Flip My Account FIVE Times in 365 Days (2016)" Journal on Forex Factory www.forexfactory.com
In light of the beastly last two NFPs and increasing inflation, I would like the think the Fed will raise rates in September... they probably won't, but that is not the point. XLF has broken out of the nearly year long triangle quite clearly. It is a long. Near term resistance is at 25, however that should be taken out. Tl;dr: Long XLF
Breakout of Range. NFP Bull Breakout Bar I think switched the market into always in long. We will see next week!
EURUSD: Buying at Demand level after NFP announcement
In todays NFP session we will looking for Short Opportunity !
RALLY DOWN FIRST TO TAKE OUT AND THEN A RALLY UP BACK UPTO THE 50% LEVEL ALSO INSTATUITIONAL LEVEL
UPDATED MOVEMENT ON NFP RELEASE POSSIBILITY. I DONT MARRY MY CHARTS SO I ALWAYS HAVE A DOUBLE STANDARD. THIS IS A GOOD INDICATION TO ME ON WHAT MAY OCCUR.