Posts Tagged by non-farm payrolls

EUR/USD Day Trade Analysis for Nov. 6

On Thursday the pair did break below support at 1.4820 but was rejected by 1.4800.  This resulted in a push above the 1.4860-1.4870 level which triggered the test of the recent highs at 1.4900.  It failed to push above 1.4920 which is the next breakout level. The pair currently sits at 1.4867.  Minor resistance has…

Trading the News

We have GBP PPI Input out at 8:30 GMT and also US Non-Farm Payrolls at 12:30 GMT.  So be cautious in pairs involving these currencies – especially ones involving the USD.   I don’t recommend having “bet” positions placed before the numbers come out – especially the Non-Farm Payroll (NFP) report.  But I do recommend being…

GBP/USD Forex Day Trading Signal – April 3

Since we are going to have an active news day I will not be posting the day trading signal.  GBP Services PMI comes out at 8:30 GMT, followed by employment data (non-farm payroll) at 12:30 GMT out of the US. I have recently published an article on trading the Non-Farm Payroll Report.  That article can…