Just showing you what's happening
If price holds at previous day support, we could see a possible move back down to the new low and possible reversal off the lows come NFP
LOOKING to get in on this NFP wick retest, very risky but possible.
EURUSD have been making news lows, seeing weakness in momentum, as we got an important NFP news ahead, seeing scope for an initial dip to 1.0940 to then a bounce, if that doesn't happen looks for a strong break of the downtrend line to 1.10 area. Trade Safe!
Today is NFP .NFP forecast is green. If NFP goes bulish as expected then EURUSD will go down to 1.09574 .But this down move is temporary . After finishing the NFP day EURUSD will move upside to 1.11324 as per our analysis . Stay with FOREX_CENTER_BD Md Mostofa FX(retd. Army) Please comment your view about EURUSD on comment box .
I mean, it's clear. Check the charts, AU it's really too much oversold, 5 weekly red candle, and this is not usual. We are near a weekly support zone, and i don't want to spent lot of words to justify my ideas: AUDUSD is up to go up for some days, we are in reversal zone and there is a divergence on h1 charts that confirm that. And news. Remember the news, ready...
NFP trade ⚡️ Guys I guess you are ready to trade NFP today. Moreover you could have already notice that I’m a big fan of Gold and today’s trade is no different. I’m going to trade NFP on Gold. First observation - Gold swaying near 1550 looks quite balanced and prepared for the event. Something tells me there should be some good reaction we have to be ready to...
As explained in the chart
NFP & CAD news at the same time today, this pair is lookign very intereting to look at as the news hits. As we know, institutions use news as an excuse to move price to it's intended targets where they can mitigate out of or get closer to mitigation. We have an open order just below 31975 and also imbalance we could target for entry to the upside before we see a...
NFP better than expected Earnings ..no significant change
In today's #marketinsights video recording I analyse #GBPUSD and #USDCHF #GBPUSD moves on: - BoJo plan optimism on Commons - BoJo plan falling flat on Good Friday agreement threat - BoJo plan creates new borders, still seen as backstop #USDCHF looking bearish on: - Weak ISM NMI - Increased chances of rate cuts - HIgher fears of recession All eyes on NFP today!...
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Strong NFP may result in a breakout of Jun-Aug trend, this may trigger a drop to 1366 and set the direction towards 1300. DXY 100 later this month? Lets see
Looking at NZDUSD H1 time frame, we can see that price is currently trading in a correction. This is a bullish correction formation at this point in time which indicates that we should see a break to the upside. I am looking to trade wave 4 to the top of the structure and will then wait for confirmation of a break to the upside or a reversal to complete wave 5...
Germany Factory Orders came -2.2% Economy Slows Down Continuously ECB policymakers think the slowdown is no longer temporary. US NFP and Job Report will be released. A Better than expected NFP scenario near term overview: 1.11100
-WEEKLY BEARISH MARUBOZU CANDLE CLOSURE -WEEKLY RESISTANCE RETESTED AND REJECTED ON THE DAILY -38.2% FIB RETRACEMENT -MONTHLY KEY LEVEL MEETS WITH FIB EXTENSION GOOD TARGET ZONES
Candles slightly smaller, but very similar pattern. If fractal occurs should be lower into early next week.