XAUUSD: NFP//Short-first, Then-longAfter the initial rebound from a significant drop, it appears the market is ready for a secondary retest of the bottom support range. Keep a close eye on the 2742-2732 support zone. Should prices drop into this range before the data release, and if the data turns bearish, expect further downside with targets in the 2718-2712 range; in case of a stronger bearish impulse, prices may fall to the 2708-2703 region.
Alternatively, if the data supports bullish movement, prices could rise above 2760. Given recent data, bearish probability seems higher, so a “short-first, then-long” strategy is advised, with careful attention to entry and exit points.
Nfpnews
GBPJPY Oct 4 2024 pending buy limit activatedDetailed entry on GBPJPY maximizing liquidity grab. :)
This trade was taken during N.Y session of Oct 3 2024. I set pending buy limit because I saw Slow motion while approaching fair value gap (see charts arrow) . As I go to my fundamentals i saw an important NEWS --> NFP USD. Anticipating large momentum because of the demand introduced this week. This trade was a success, years of learning and charts behavior observation. Trade with confidence and patience. :)
Have a great day folks!
#wyckoff
#supplyanddemand
USDJPY I ADP Non-Farm Report Trading Plan Welcome back! Let me know your thoughts in the comments!
** USDJPY Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
XAUUSD DumpLooking above us is a well refined zone from which we expect Gold to sell from.
It won't stop this sells until we've got to a 4hr zone that should be updated here also.
Simply wait for a confirmation at this sell zone, then get in as a swing or with a swing perspective at heart.
Whatever Gold does between Wednesday and Thursday will determine what price delivery will be at NFP.
USNAS100 / New All-Time Highs and NFP Implications Technical Analysis: New All-Time Highs and NFP Implications
Today's Outlook:
The price has recently surged past previous high levels, trending towards a new all-time high around 20410. A retest of this level might occur, potentially driving the price down to 20100. However, today's Non-Farm Payroll (NFP) announcement is expected to significantly impact market movements.
Bearish Scenario:
For a bearish trend to be confirmed, the price must break below 20100 and stabilize with a 4-hour candle close beneath this level. This could lead to further declines towards 19845 and potentially 19625.
Bullish Scenario:
As long as the price remains above 20100, the bullish trend is likely to continue, targeting 20410 and 20540. There is also a possibility of a retest down to 20100 before resuming the upward movement.
Key Levels:
Pivot Line: 20220
Resistance Levels: 20400, 20540, 20750
Support Levels: 20100, 19960, 19625
Today's Expected Range:
The price is expected to fluctuate between the support at 19625 and the resistance at 20540.
NFP Scenarios:
- Previous Result: 272K
- Expectation: 191K
If the NFP release is less than 191K, the indices are likely to follow a bullish scenario. Conversely, a result exceeding 191K, particularly around 250K, would likely lead to a bearish scenario.
In summary, today's market direction will be heavily influenced by the NFP results and the key price levels outlined. Monitoring these factors will be crucial for navigating the day's trading volatility.
S&P 500 / Key Price Levels and Scenarios Amid NFP ImpactS&P 500 Analysis: Navigating Volatility with Key Price Levels and Scenarios Amid NFP Impact
The S&P 500 currently faces a significant supply zone between 5525 and 5550, having recently hit a new all-time high at 5550. Despite this, the broader outlook remains bullish, especially after stabilizing above the previous resistance level of 5525. However, the upcoming Non-Farm Payroll (NFP) report is poised to significantly impact the market.
Bullish Scenario:
To maintain the bullish momentum, the price needs to break through the supply zone and continue upward towards 5635. A 4-hour candle closing above 5550 would indicate a continued uptrend for the following week.
Bearish Scenario:
Conversely, if the price drops and stabilizes below 5525, it would signal a bearish trend, potentially leading to declines towards 5491 and 5460.
Key Levels:
Pivot Line: 5550 - 5525
Resistance Levels: 5590, 5620, 5645
Support Levels: 5491, 5460, 5440
Today's Expected Trading Range:
Today's trading range is anticipated to be between the resistance at 5635 and the support at 5460.
NFP Scenarios:
- Previous Result: 272K
- Expectation: 191K
If the NFP release is less than 191K, the indices are likely to follow a bullish scenario. Conversely, a result exceeding 191K, particularly around 250K, would likely lead to a bearish scenario.
In summary, the market's direction hinges on the NFP results and critical price levels. Monitoring these key levels and the NFP report will be crucial for navigating the S&P 500's volatility.
US30USD: Key Insights for NFP FridayGreetings Traders!
Brief Description🖊️:
Currently, on US30USD, I see the potential for a shift into bearish order flow. Price is at premium levels, indicating a possible sell-off from the bearish order block.
Market Analysis📉:
We have observed a bullish narrative throughout the week, with price reaching bullish objectives, including the bearish order block. For a detailed analysis, refer to the linked post:
Things We Have Seen👀:
This week’s bullish price action filled the liquidity void and tapped into the bearish order block.
Now, I am looking for confirmations that the order block will hold and if it does this will indicate bearish price action.
Bearish Targets📉:
The engineered trendline liquidity with sell stops.
Main draw: Daily sell stops.
What's Important Now❗:
This potential move could coincide with tomorrow’s NFP release. If the order block holds, we may see bearish momentum. If not, continued bullishness is likely.
Best Regards,
The_Architect
#NFP/USDT#NFP
We have a bearish channel pattern on a 12-hour frame, the price moves within it, adheres to its limits well, and is expected to break it upwards strongly.
We have a support area at the lower border of the channel at $0.400 from which the price rebounded
We have a tendency to stabilize above moving average 100
We have a downtrend on the RSI indicator that is about to break higher, supporting the price higher
Entry price is 0.4848
The first target is 0.5800
The second goal is 0.6840.
The third goal is 0.7824
NFP in a NUTSHELL - 3 May 2024Hi Friends,
I think price will attempt to go high then drop after NFP news release.
Am not sure what the number would look like but looking at my chart, you may quite agree with me.
Pips move could be more than 600 pips🚀
This is a mere speculation. Kindly trade according to the outcome of your analysis.
Apply risk management!
Profited $14K, NFP is expected to rise and then fall backThis morning, I shorted gold near 2326.31, and as gold fell back to hit TP: 2315, I profited and left the market; I added positions and went long gold near 2296 and 2286, and as gold bottomed out, it hit TP again: 2300 profit and exit. The total profit exceeded GETTEX:14K , which was another good profit for several days in a row!
Tomorrow will usher in a golden highlight moment, because NFP will be released tomorrow, which will definitely intensify short-term fluctuations and even guide the short-term direction of gold. It is a challenge but also an opportunity. In my opinion, gold is likely to rise first and then fall under the influence of NFP market!
Judging from the recent economic data in the United States, the U.S. economy is strong, which limits gold’s upside to a certain extent. Moreover, high inflation has not yet been completely resolved, so the market’s expectations for the Federal Reserve to cut interest rates are decreasing, which is also negative for gold to a certain extent. In addition, gold has also confirmed the validity of the 2430 top at the technical level, so the overall short trend of gold has been established.At least gold has demand to extend its decline. So why does gold rise before falling?
Because gold has been weak recently and shorts have gradually gained the upper hand, the market is likely to need to use NFP data to kill a batch of short positions first and harvest some funds;In addition, gold has fallen ahead of schedule in the past two days, touching the 2285-2280 area many times, which is likely to reserve room for growth in the NFP market in advance. In the short-term structure, gold's technical bottom-out rebound creates a double-bottom structure in the short-term structure, which is helpful for gold's short-term rise. Therefore, in the NFP market, gold is very likely to rise and fall, and continue its decline.
Judging from the current trend, if gold rebounds first, we will first focus on the 2325-2330 area and the 2350-2355 area above. If gold rebounds first with the help of NFP data, I predict that gold is likely to touch the 2325-2330 area during the rebound, and may even try to touch the 2350-2355 area, and then fall back or even continue to fall to the 2270-2260 area. Therefore, in this process, there is a good opportunity to participate in gold trading, and the profit is definitely not small. I will definitely not miss this good opportunity once a month.After all, there are always markets, but opportunities are hard to come by!
I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !
#NFP/USDT#NFP
The price is moving in an upward channel on a 1-day frame and we have a support area in green at the level of 0.8100.
We have a higher stability moving average of 100
We have a contact with the minimum channel
Our RSI indicator has a well reliable uptrend
Entry price is 0.8933
The first goal is 1.165
The second goal is 1.47
The third goal is 1.95
Let me see the chart a little easier!Hi everyone ! After many years I'm back :)
And After a wild week for gold, it is still impossible to guess its trend with certainty!
But after the publication of employment statistics and the unemployment rate of the United States, strengthening the dollar next week is not far from expected.
This will help the trend of gold and perhaps its correction...
XAUUSD:NFP trading strategy
Regarding yesterday's data, my view is to go short, with the target near 2269, and we finally succeeded in making a profit.
After the market fell sharply, there was a small rebound. When it was near 2270, I also reminded everyone that there will be a rebound, and the resistance level is 2279-2286.
As I expected, it was blocked near 2279. Now I continue to observe the resistance, and the trading idea is to maintain high short selling.
Now the technical indicators show that the rebound is not over yet, so there should be a chance to touch around 2286. In this range, if you want to go long, you can do a small amount and close it in time when there is profit. I am still bearish on the general direction.
At the same time, there is NFP data today, which has a great impact on gold. I think the probability of eventual decline today is greater than that of rise, so regarding data trading, my thinking is mainly short selling.
Because the impact of data is relatively large, market fluctuations will also be correspondingly large. If your account does not have much funds, try not to gamble before the data is released. If you do, you should also pay attention to risk control, trade in small quantities, and set SL.
Otherwise, once the market finally does not match our expectations, your account may not be able to withstand it and will be directly blown. This is not what I want to see, and I believe you must not want to see this happen.
If the data is in line with expectations, then there is a high probability that it will fall to around 2233 today. This space is still relatively large, and the profits it can bring us will also be very good.
If you can grasp it, try to grasp it. If the actual situation does not allow it, do not force the transaction. Everything is based on account safety. There are many trading opportunities later.
At all times, please put risk management first. Our profits must be based on the fact that the account will not be blown away.
good luck!
EURUSD BUYas we have seen a good move in EURUSD and it has taken a fly high after NFP brought in so we will be seeing a drop to this volume candle retracement and we will be buying this pair after it completes 68% or 78% retracment to this level and we will be intrested in buying this pair as this pair is also moving in a parallel channel so it seems like it will continue going upward this time too
USDJPY: Thoughts and AnalysisToday's focus: USDJPY
Pattern – Consolidation Watch
Support – 146.20
Resistance – 148.50, 151.70
Hi, traders; thanks for tuning in for today's update. Today, we are looking at the USDJPY.
After US employment data shocked on Friday and lifted the USD, we are wondering if we will see trend continuations on the USDJPY. So far, the price continues to travel on its uptrend after breaking the last downtrend in December.
The key for buyers now is a break of 148.50 resistance. If we see that break, we will be waiting to see if buyers can retest 151.70 resistance. A close below 146.20 would be a worry for buyer momentum.
Good trading.
NPF shark pattern Bearish #eurusd DONT TRADE NEWS BUT LOOK AT ITHONESTLY
WOW!!!! THIS IS THE REASON WHY I DON'T TOUCH NEWS... i trust my analysis but its usually a 50% odd that a trade will go in my favour with high impact news lol
Still this eurusd trade would have been sweet, if i had the balls to trade news lol
Non-Pay Form | Gold Expected to be drop Non-Pay Form | Gold Expected to be drop
Hey Traders .. Welcome back !
Todays after 2 hours Big news going to happen
We Structured data from past history gold expected to move 50 pips above then probably hit the targets and touched our trend line which were seen in charts
we are waiting for break out of support 2051-2050.00
then next point at 2042-2041-2040.00
if you guys knew how to trades you will catch up our idea
tight target sets dropping 100+ pips
cheers for the next update..
Binance Launches $NFP Perpetual Contract Amid $NFP Price RallyBinance Futures launched the USD-M NFP Perpetual Contract on December 27, 2023, providing traders with the opportunity to engage in perpetual trading with up to 50x leverage. The underlying asset, NFPrompt (NFP), would be settled in USDT via this perpetual contract. The update comes after NFP’s listing on Binance after it made its market debut on Wednesday.
NFP Price Today
The recent developments marked a turning point for the NFPrompt team and propelled the NFP crypto price to gain. The NFP price added 1.39% to its value and traded at $1.188369 at press time. The crypto registered a high of $1.23 during the trading session.
Moreover, the NEWCONNECT:NFP market capitalization increased by 0.58% to $294.38 million. Whilst, the day’s trade volume was recorded at $277.39 million, which is an impressive figure for a new entrant in the crypto space. The current circulating supply of NFP stands at 250 million tokens, which is 25% of the total supply of 1 billion tokens.