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Nfpday

Will USDCAD wake up with NFPR?Is it just me or has USDCAD been sleeping this week? EUR, GBP, all moving like crazy and the canadians are as cold as ice. When I see that I usually expect a big move to come, and considering we've been failing to go lower this week I'll expect a move higher. Even if its only a spike. I say that because this is a reversal trade. CAD is looking strong in general, and I think we will see lower USDCAD prices in the months to come. What's your analysis? Are you also bullish going into NFPR? Share your ideas and let's learn together! Peace, love, and sweet bamboo, tbp Note: All ideas expressed here are presented solely for learning and educational purposes only. Any gains or losses assumed by trading ideas presented by The Bad Panda are done so at your own risk.
Long
by TheBadPanda
4
EUR USD - Interesting setupHello folks , come back to the forex! Today is the first friday of the month , so NFP USA , it would be surely a high volatility day because of this big impact news for the dollar. So my advice is to take position after the news , after the big volatility , but if you have a more aggressive approach , forget what i said! So there is a descending trendline that accompanied the EUR USD falling , now looks like is forming a triangle and this zone might be a good point to go long , with a SL below lows and TP around 1.20700 previous support zone, another reason is the strong falling , looks like need a retracement and this is what we want to take. Don't take that as financial advice and be careful to trade today , it would a high volatility day. Have a nice day!
Long
by maro9392
EURUSD at 20 day Exponential Moving Average support.The 20 day moving average is a strong point which plays big part in how the future trend is set and detected. Setting up for a trade, short term selling from under 1.23 to 1.2270 may play a good trade short term trade, below it is stronger support directly to the 1.2200/1.2190 trend line support where more buyers are emerging. Be careful and follow also everything connected with news and don't forget next week is NFP's week. -------------------------------------------------------------------------------------------------------- Trading carries a high level of risk to your capital and may result in losses that exceed your initial deposit. Supplied information is not advice.
by TheTrade_Academ
EURUSD UncertaintyCurrently, the sentiment of the pair seems to be clearly inclined to a down movement of the price. But we should rather wait until Friday to find out more about what will be the real direction of the pair. Note that the US is strongly considering a hike in interest rate which can cause the USD to grow much stronger. However, the France is currently on crosshead of most European traders. Le pen is one step ahead against his opponent. Her winning the presidential election will be crucial for the Euro and combined with the increase in the FED Interest rate we can almost definitely conclude that the EURUSD pair will undergo a downfall.
Short
by Hizmaylof
DAX NFP MOVEToday we have the big NFP event again. With US elections coming, more and more signs of a rate hike coming soon, Brexit and other fears in the market (like a potential new banking crisis), today's NFP could push the markets into bear modus. Either if the number beats expectations (225K or more), which means rate hike can be incoming soon, or the number is lower than expected (below 150k), which means the economy is failing, I believe the move of the markets will be down. There is only one IF, that is IF the markets push much lower before NFP release, this could be trickery. Key Levels DAX: - 10800 Prepare to short - 10250 Prepare to long - 10400-10420 1st Target short - 10360 2nd Target short
FX:GER30Short
by Chris1983
EURUSD outlook for the next week, waiting for NFPThe next targets could be fibo50%, to 1,120, and the next test of the trendline at 1,129, close to the 0.618 fibo important to understand if this bullish sprint really hiding something more than just a swing upward in a movement facing down... RSI+ MA seems now near a new attempt for a bullish momentum and direction.. The market movers that await euro-dollar in the coming week could therefore play a crucial role, just as has happened with the US GDP previous week..
by MANOLIS
3
SEX Set-up *Sorry I meant SPX500 ;)It is about time us Bears got together and smashed this cheeky bugger off the worlds top spot. As you can see here we have combined waves of tightening wedge formation on the chart. We also have some strong fundamental key events to help drive emotions and stretch budgets. The cloud of short interest is growing and if we slam hard come NFP we will be able to see a phenomenal short-medium term drop off and correction in price. Tell the FED to pack some Vaseline
FX:SPX500Short
by RSCexclusive
8