EUR/USD 🔽 GBP/USD 🔽 AUD/USD 🔽 USD/JPY 🔼 USD/CAD 🔼 XAU 🔽 WTI ▶️ US nonfarm payrolls in July added 528,000 jobs, shattering the original estimate of 290,000 and reaching a five-month high. The strong employment readings seemingly dispelled recession fears, and would likely extend the string of aggressive rate hikes from the Federal Reserve. The surprise boost for...
Non Farm Payrolls introduced some volatility in stocks. The numbers came in hot, with a headline beat and unemployment at 3.5% . The S&P 500 had already edged higher, reaching our target of 4178, and establishing value between 4144 and 4178. The NFP data release introduced some volatility, with a small selloff extending past 4122 into the vacuum zone down to...
US500 Intraday We look to Buy at 4086 (stop at 4060) Preferred trade is to buy on dips. There is scope for mild selling at the open but losses should be limited. Bespoke support is located at 4090. Support could prove difficult to breakdown. Further upside is expected although we prefer to set longs at our bespoke support levels at 4090, resulting in...
Looing at GBPUSD on 30M timeframe We looking for a possible SELL/SHORT position We looking for a possible downward at this distribution phase
For those following the euro's close encounters with parity, the currency played a game of tease earlier today. In the European session, EUR/USD dropped to parity with the US dollar, a line of psychological importance. However, the euro would not budge any lower, and is currently at 1.0068 in the North American session, up 0.28% today. I would not be surprised if...
EUR/USD 🔼 GBP/USD 🔼 AUD/USD 🔼 USD/CAD 🔽 XAU ▶️ WTI 🔼 Amidst political shockwaves from Japan and the U.K., the Nonfarm Payrolls readings for June have increased by 372,000, significantly outperforming the market forecast of 268,000. Since this result does not align with market fears for a recession, the Federal Reserve will likely implement further mega rate...
Today's low tested major support level for S&P 500 at 4062 once again. Let's see what happens on Monday. Even the good Nonfarm Payroll numbers were not able to cheer the market.
Noticed a m5 BoS prior to market close. Pending order was placed at the open of asian session.
As based on the recent Non-Farm Payroll data which came 678k which is 211K more then last month's data and around 271k more then forecast which make the economic condition of US strong as a result we can possibly see bullish trend in US dominated currency pairs although on the other hand the situation between Ukraine and Russian is getting worse which is giving a...
TGIF all, I wanted to share my opinions to the chart of DXY . I see DXY still successfully produces lower highs while finding supports on 9 months old (blue) trendline. In my opinion, DXY is still bullish above 94.60. We observed a correction lately on DXY from the 97.5 levels. Demand to dollar increased due to the expected rate hikes of Fed but the price...
This week’s 3 events will concentrate on US employment numbers. The released figures could bolster or work against the strength found in the USD since the beginning of the year. For instance, the NZD and EUR have quickly dropped in value against the USD and are currently at a multi-month low against the greenback. Depending on this week’s numbers, the GBP, CAD,...
This is our NFP View on EurUsd Symmetrical triangle has formed
The US dollar has edged upward, but we will be waiting for non farm payrolls data for introspection on US labor market conditions before it will make a more definitive move. We anticipated ranging between 95.85 and 96.65, which appears to be exactly what we are seeing. This rally does appear weak and we are seeing several red triangles on the KRI suggesting we...
Hello Traders Here is a new BUY Scenario, October's Nonfarm Payrolls are set to show an increase of 425K after two disappointments. - Yen shows signs of long-term vulnerability. - Focus on upcoming Non-Farm Payroll (NFP) data. - Possible bullish continuation pattern - 114.00 level key. My Forecast : Strong NFP may push USD up, No big drop until...
Stellar jobs report The U.S. Bureau of Labour Statistics (BLS) delivered an optimistic tone when it announced that 531,000 jobs were created for the month of October. Adding a cherry on top of the cake, the number of jobs for August and September have been revised upwards by 117,000 and 118,000 respectively. Overall, a total of 766,000 jobs have been added to the...
red falling wedge has been completed. Price can go up to around 94,7. there it should turn around. But there will be NFP and unemployment news in a few minutes, so I closed my EU shorts and now I'm waiting. I expect that USD index should fall and EURUSD should start to rise. Wait for the news, to show where price will go next. Good luck.
USDCHF at the moment is choppy on 1H & 4H TF but still 0.91500 Psychological Level is a good potential for a shorting opportunity before NFP data release. Lets see what the Data bring on the charts for next week.
The recent weakness of the Japanese Yen made all pair Bullish against the Yen, the US Dollar is not exempted. After USDJPY broke the support it mitigated with the Monthly Demand zone, breaking all highs and now it is currently at the supply zone. Will price still remain bullish? Anticipating a decline in price during the Major Economic events holding in the first...