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Nonfarmpayroll

Short USD Long Yen Is the Hot New FX Bet During Trade WarFundamentals point towards a bullish Yen and with recent Non-Farm numbers showing up lower than expected, we should see a rally in the Yen and a decline in USD pairs. It may not happen suddenly and take time before we see this happens, perhaps towards the end of the month, but if my technicals give me a signal before the news hits, then I am in. Anything can happen so I am also prepared to long this pair if underlying circumstances presents themselves.
by bajapips
ORBEX: GBPUSD, USDCHF - Another Fed Cut?, BoJo's Plan Falls FlatIn 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! Can watch live here: www.orbex.com Stavros Tousios Head of Investment Research Orbex This analysis is provided as general market commentary and does not constitute investment advice
by Orbex
Non-Farm-Payrolls: YOUR Preparation and ENTRYS!#TRADEPLANHey tradomaniacs, welcome to a quick video for your NON-FARM-PAYROLL preparation. PRICE-LEVELS: Statistical edge: Short Short-Area at 1,10274 Long-Area at 1,10539 or 1,10879 NOTE THIS PLEASE: Fundamentally, these NFP`s can be very tricky for the market to interpret! The market is currently driven by news regarding to the tradewar, brexit and monetary policy of the FED. The rally of this year, especially in the USA is just based on hope....this is why the market reacts with volatility whenever news about the tradewar appears. So what is the market hoping for? 1. First of all, the market hopes that Trump and Xi Jinping will finally find a deal to end this tradewar. This is why every tweet from Trump causes huge moves at the market. The market seems to believe that the current globale cool-down is mainly caused by the tradewar and its consequences. 2. FED`s monetary policy The market priced in further interest-rate-cuts by the FED in order to provide the market more liquidity (100% in september). This would boost the economy and would be a play into Trumps hands because he could keep increase the pressure in terms of tradewar-talks. As you can see: BAD NEWS can be GOOD NEWS and vice versa. If we get to see a good result, the FED would have less reasons to cut the interest-rates -> Dollar could go up -> Hope of market for further rate-cuts is gone! If the get to see a bad result, the FED would have more reasons to cut the interest-rates -> Dollar could go down -Y Hope of market for further rate-cuts confirmed! The questions is: What will prevail? The reality, in other words the economic datas? Or the hope? If you newstrade, don`t get fooled by GREEN and RED digits here. Bad news can be good and good news be bad. ;-) More importantly I expect the market to wait for Jerome Powells speech after the NFP`s. THE MARKET WANTS RATE-CUTS. ----------------------------- LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
by Trading2ez
4
GBPJPY SS Long + 102 Pip PotentialPrice is above the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and Great RRR. Entry = 132.13 Stop = 131.88 Risk = 25 pips Profit target = 133.15 ( The projected daily high ) Reward = +102 Pips RRR = 4.08 -1 ** Please be aware that US Non-Farm payroll will be released later this am and this trade MUST be closed by then. Trade accordingly. I would appreciate if you leave a comment or like as a thank you Have a great weekend!! Allen
Long
by AGold54
16
XAUUSD IMPORTANT PRICE ZONES - SELL TRADE INCOMING BUT WHEN? Good Morning from the UK. With the DXY being real weak this week its allowed gold to soar to yearly highs! As we know what goes up must come down. But when? I have a longterm weekly Pink trendline across the top of which price rejected and closed under on Fridays closure as price was entering the 'unfamiliar' territory. The price range of 1340.00 - 1350.00 is important t see what price does in and around these levels candlestick formations will be key to monitor. Some traders may say its definitely overbought and will begin its decline. Others may say no the dollar is weak lets push towards the next highs. Now looking back I have a monthly key level at 1366.00 which price tested in April 2018 before the decline began. This is one to keep an eye on patience wait for the candle confirmations as Pips to the downside are inbound going into the end of June. Between a 400 - 600 pip decline is due. Overall Target - 1300.00
OANDA:XAUUSDShort
by Travis_duncz
GBPCHFGBPCHF is back at price levels which previously provided strong resistance. This area is also near a round price level 1.3100. This combined with the upcoming Non Farm Payroll for Switzerland coming out within a week, promises plenty of price action movement. RSI is also indicating pair is close to being oversold (was already but crept back under). Strong resistance + 1.3100 level + brexit + NFP of strong economy = Bearish bias against GBP But lets watch and see what the market does!
Short
by Mncotshe
EURUSD three potential targets for upcoming NFP In my latest EURUSD outlook i perfectly showed bottom of the EURUSD on 1.13000 Weekly and daily support, which was respected perfectly. In this idea i will give out three potential targets after results of NFP will see the lights of this world. EURUSD is still in some kind of consolidation on weekly timeframe, but after big hammer weekly candle, it seems more bullish to me and on its way to possible recovery of EURUSD. Then I more believe that NFP will be negative and then EURUSD will fly higher, but we have to wait for outcome and more to it, we have to trade carefuly, with money and risk management on point. Today, we could see slight pullback, which can continue tommorow until the results of NFP. MY bias: NFP will push price to the 50EMA, there it will find its support and we can see rocket up right after that. Upcoming week we could potentialy see more bullish movement and finding much more opportunities to trade EU. Don't forget to be extremely careful if you are gonna trade NFP tommorow. It can be very dangerous especially for beginners, so use your money and risk management properly. Good luck everybody.
by ForexThief
GBPUSD | Risky Trade Opportunity On NFP Time!Hey! Currently, GBPUSD offers us a good sell opportunity after the strong candle breaks below the clean upwards trendline with nice volume inside of it. So, ideally would be a perfect scenario - sell after it has made a retest. Currently, the price may retest it nicely on the NFP time but watch it closely, if it makes a strong rally above of it then it would be invalid. A rejection from the trendline and from the round number (1.31000) crossing area would be perfect because this trendline has clean touches and it breaks after the strong selling pressure. Also, we have some short-term trend reversal indications, the price has printed on the chart new lower lows and lower highs and after the breakout, on the 4H and on the 1H timeframe we have EMA death cross between 8 and 21 which should be bearish momentum sign! SUMMARY: Watch NFP, if it reaches into the crossing area and it gets rejected from there then it would be a nice setup. The trendline is broken, higher high and higher low market structure is broken with a strong candle and now, wait for a retest! Please, do not forget to support my idea post by hitting the "LIKE button! Thank You very much! Have a nice day! Cheers! *This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Short
by VaidoVeek
AUDUSD: Consolidation Before NFPHey guys its Friday, the first of the month. What does that mean ? Its time for NFP in like one and a half hour. Please be aware that my ideas are only my view of things and do not take them for guaranteed. Everyone has its own view on same charts. So we are looking at the AUDUSD pair and as i posted weeks ago (link below), its on a trend change mode with a consolidation level 1 on the daily timeframe. The strong trend line was broken and for now its holding 0.61 fib line. We keep in mind that NFP is right in front of us, so a prediction would be that news move AUDUSD out of the consolidation up - meaning that USD would weaken during NFP. But please be aware that this is only my view.. Wishing you success and will keep you updated below!
Long
by darian_fx
Will Nonfarm Payrolls Spark A Move Lower In The Dollar Index?!Hello Traders, I hope everybody is doing great. After I covered the EURUSD in the daily chart, let’s have a look at the equivalent instrument which is the DXY. From the 2018-02-16 low to the peak of 2018-04-05 you can see clearly that the DXY has moved in a sideways to higher trend (No higher highs or lower lows). So it was just a matter of time when the consolidation breaks. Either to the upside or downside. You can see that after the important 2017 resistance levels of around 90.99-91.31 broke higher, it accelerated in an impulse higher. That is a so-called trend acceleration cycle. You can see that it has been trading higher in a narrow uptrend. So what next?! Well, for me it is simple. The DXY is still in an intact downtrend, and any move higher should be taken as a correction. Markets never move in one straight line higher or lower, they correct, trend, and consolidate and so on. With tomorrows NFPs coming up. I am expecting the DXY to get weak again. At least for a pullback lower. The next important daily level is the resistance now acting as new support level of 90.99-91.31. Also, the DXY is currently sitting at the 61.8 Fibonacci Retracement from the decline of late 2017. It can be a possible turning point. It can be the case that with the NFPs the DXY can spick higher to take some stops before turning lower like I drawn in the chart. Let's see. This view will be invalid once DXY breaks 95.15 resistance. Disclaimer: Trading is about going with the highest probability, nobody is 100% right and we need to protect ourselves in case we are wrong. That is why we need to always use a stop-loss when trading. Trade with care. This my current view, and any view present is not a trading recommendation just personal view.
TVC:DXYShort
by TradeFxTrends