Pre NFP Analysis

222
5th July (NFP day)

DXY: Consolidating on 105 support, If NFP is weaker, could trade down to 104.65. Stronger NFP, DXY needs to break 105.40 before considered bullish

NZDUSD: Buy 0.6150 SL 20 TP 60 (DXY weakness)
AUDUSD: Sell 0.67 SL 20 TP 75 (DXY strength)

USDJPY: Buy 161.15 SL 30 TP 80 (DXY strength)

GBPUSD: Sell 1.2790 SL 20 TP 55 (DXY strength)
EURUSD: Buy 1.0850 SL 20 TP 55 (DXY weakness)

USDCHF: Sell 0.8960 SL 20 TP 60 (DXY weakness)
USDCAD: Buy 1.3625 SL 25 TP 75 (CAD weakness, DXY strength)

Gold: Break above 2370 could trade up to 2390 (DXY weakness)

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.