Following last week's Fed meeting, it was clear that the central bank was only putting off hawkish rhetoric, but was not ruling it out in the near future. Consequently, the basis for expectations is there, we just need data that would indicate that the economy continues to grow. The hope is the U.S. unemployment report coming out this Friday. It is expected that...
The Japanese yen is drifting in the Monday session. In North American trade, USD/JPY is trading at 108.67, up 0.05%. The yen has posted four winning weeks out of the past five, as the US dollar continues to struggle. Still, the US/Japan rate differential continues to support USD/JPY, which remains in no man's land slightly below the 109 level. Japan will release...
The Australian dollar is steady in the Monday session. In European trade, AUD/USD is trading at 0.7722, up 0.14%. The US dollar showed some broad strength on Friday, and AUD/USD fell 0.70% and briefly fell below the 0.77 level. The greenback was supported by inflows from international investors who snapped up US Treasuries in month-end rebalancing flows. Strong...
The US economy gains 916K jobs in March. Still, that leaves the economy about 8.4 million (5.5%) jobs below the February 2020 high.
The Canadian dollar has reversed directions on Thursday. Currently, USD/CAD is trading at 1.2577, up 0.13% on the day. Since the start of 2021, the Canadian dollar is up about one percent against its US cousin, but there are signs that the currency may have touched bottom. The province of Ontario, the largest in Canada, is expected to announce an expansion of...
EURUSD has been in this channel for almost 2 weeks with top and bottoms holding. See past ideas where we have profited from these buys. Look to buy at current price Target top of channel or short 30-40 pip range if you want to day trade. Good luck! Charles V www.cvfxmanagement.com Trading made Simple
A review of the price action on July 2, the last NFP day Drop me a comment if you have a question or think I'm missing something!!
A review of the 30-minute chart surrounding the NFP release on May 8, 2020. Any questions or if you think this misses something important - please drop a comment !! Thanks
NZD/USD have been locked in a titanic battle for control of this chart for the last 8 hours or so. Technically we should break south to relieve overbought conditions on H1 timeframe but with the key Non-Farm Payrolls and Unemployment Rate out of the USA due at 13:30 GMT, this pair ain't goin' nowhere for 3 hours. The risk it has to be said is that the numbers...
Hey tradomaniacs, welcome to a quick preparation for the NON-FARM-PAYROLLS. Here you will see nice entrys to sell and buy. Buy: 0,99534 Sell:0,98423 Targets, Stopp-Loss and Management is up to your trading-style and timeframe you trade. ;-) ----------------------------- LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good...
Bullish EUR / USD - Bullish Cypher Patterm & Support Zone & RSI Trend Line & Nonfarmpayrolls
What to Expect from Tonight NFP? THREE SCENARIOS! Above shown three different set of arrows (Three Different scenarios ) Scenario 1 (Green Arrows) >WAY better than expected NFP report (Bullish) Trend line continuation. USDJPY may have a spike and retest before a rejection from the major psychological level of 114.5 before going back down to trend line...
Trade tension between the US and China are contributing to the recent USD strength at the time of this writing. New tariffs on China may lead to a retaliation, causing some nervousness in global markets. As a result the focus on the Non-Farm Payrolls (NFP) may be limited, however, some reaction is often seen when the US employment figures are...
Next week would be slow because of waiting for ECB Monetary Policy meeting and Nonfarm Payrolls on Thursday and Friday therefore. But on the days we can see a lot of volume for our market and we will get a right way in pair. We must be concentrate fully on Thursday and Friday as much as we can, because break 1.22 and go and go down will give to us bearish trend...
Daily Technical Analysis Friday, March 10, 2017 New NFP report RELEASE Today! Will the US jobs report give proper signal on a March hike? Will the NFP shows some aggressiveness on EURUSD?
Good Evening Traders, This is my analysis for AUDUSD Nonfarm Payroll release. I believe USD will strengthen tomorrow. I will not place any trades for tomorrow due to the fact how volatile its going to be. As you can see in the charts basic price action has occurred. We have a bearish trend, prices broke support and has turned into resistance. I placed a...
Dollar had a longest winning streak in an year's time against yen. Looking both at fundamentals and Technicals pair is in corrective structure since Jan 2017. We believe that US$ will break upwards unless real risk aversion mode prevails market. Such an event is right on the tap, none other but US Non-farm payrolls report, tomorrow. If we look at Jan 2017...