Browsing all articles tagged with ADP Non-Farm Employment Change
Jul
3

USD/CAD D1 Technical July 03

Pair is trading in a range of 1.0560-1.0450 level. Price action on 1.0560 level should be carefully watch. If USD/CAD manage to break its resistance and H4 candle closure above this level then pair will continue its trend and target 1.0600-660 level respectively.

The scenario will be change. If pair didn’t manage to break its resistance and H4 candle closure below 1.0560 level then pair will start moving towards southward.

High impact News can affect the move of USD/CAD. News like ADP Non-Farm Employment Change, Trade Balance, Unemployment Claims, ISM Non-Manufacturing PMI, Trade Balance.

Jul
3

GBP/USD D1 Technical July 03

In early London session GBP/USD fall towards its support at 1.5120 level but get a strong bounce and target 1.5260 level. Bollinger bands are showing buy signals for the pair. If pair manage to break its resistance and H4 candle closure above 1.5270 level then it will allow pair to further move upward and target 1.5300-50-70 level respectively.

On the contrary, break through support level l open gates towards southward and pair will then continue its bearish trend towards 1.5000 level.

High impact News can affect the trend of GBP/USD. News like ADP Non-Farm Employment Change, Trade Balance, Unemployment Claims, ISM Non-Manufacturing PMI.

 

Jul
3

EUR/USD D1 Technical July 03

The outlook for the pair is bearish. The key level is 1.2880 level. If today EUR/USD manage to hold this level and H4 candle closure above resistance 1.3015 level then pair will continue its uppish trend and will target 1.3070-1.3111 level respectively.

But if EUR/USD fail to hold its support 1.2880 level and H4 candle closure below this level then it will show more bearish strength and EUR will then further dropped towards southward and target will be 1.2800 level.

High impact News can change the scenario. News like ADP Non-Farm Employment Change, Trade Balance, Unemployment Claims, ISM Non-Manufacturing PMI.

Jul
3

AUD/USD D1 Technical July 03

Aussies is under pressure. Bollinger bands are not providing clear signals due to oversold of AUD/USD. In early Asian session pair get a pull back and target 0.9050 level. Price action on 0.9050 level should be carefully watch.

If AUD/ USD manage to break this level and H4 candle closure below support level then it will show bears are still dominant and pair will continue to fall towards southward.

On the other hand. If pair manage to hold its support level and H4 candle closure above 0.9107 level then pair will start moving towards northward.

High impact News can affect the movement of AUD/USD. News like ADP Non-Farm Employment Change, Trade Balance, Unemployment Claims, ISM Non-Manufacturing PMI, Building Approvals m/m.

Jun
5

AUD/USD D1 Technical June 05

Yesterday AUD/USD manage to break its support level 0.9696 level and dropped. Aussies will now face its next support around 0.9580 level.  Bollinger bands are not providing clear signals for the pair.

Price action on 0.9580 level should be carefully handle. There can be two scenario. First, if AUD/USD manage to break its support 0.9580 level and H4 candle closure below support level. Then it will indicate more bearish strength which will take pair further southward and Aussies will then target 0.9525-500 level respectively.

Secondly, if pair manage to hold support level and H4 candle closure above 0.9580 level then it will provide bullish strength and pair will then start moving towards north and target 0.9696 level.

If AUD/USD manage to give a day closure above 0.9696 level today then it will provide a valid buy entry point.

High impact News can affect the movement of pair. News like ADP Non-Farm Employment Change, ISM Non-Manufacturing PMI, Trade Balance.

 

May
1

USD/CAD D1 Technical May 01

USD/CAD didn’t manage to hold its support 1.0100 level and dropped around 50 pips. The pair is under pressure. It is continuously falling from 1.0275 level. USD/CAD is expected to target 1.0000 level. A trend line is held just above 1.0000 level . If pair manage to reached this level and H4 closure above trend line then it will be a good opportunity to buy USD/CAD with SL at 0.9950 level.

High impact News  of USD can affect the pair.   News like ISM Manufacturing PMI, ADP Non-Farm Employment Change, FOMC Statement.

 

May
1

EUR/USD D1 Technical May 01

 

Yesterday in last session EUR/USD manage to break its resistance 1.3130 level and target 56 pips. Now the resistance is at 1.3200 level. Price action on this level should be watch.  If pair manage to break this level and H4 candle close above 1.3200 then it will indicate more bullish strength and EUR/USD will then continue its uppish trend.

On the contrary, If pair reached at 1.3130 level and closure H4 below support level then EUR/USD will fall rapidly towards south and target 1.3050-300 level respectively.

High impact News can affect the trend of pair. News like ISM Manufacturing PMI, ADP Non-Farm Employment Change, FOMC Statement.

 

May
1

GBP/USD D1 Technical May 01

The longer term outlook for the cable remain bullish. Now the resistance is around 1.5585 level. We are expecting GBP/USD to move down and test its support level 1.5465. Price action should be watch on this level.

If GBP break through its support level and H4 candle closure below 1.5465 then it will allow pair to dropped further towards 1.5420 level.

The scenario will be vanished, if GBP/USD break its resistance 1.5585 level and H4 candle close above this then pair will continue its bullish trend.

High impact News can change the scenario. News like ISM Manufacturing PMI, ADP Non-Farm Employment Change, FOMC Statement.

 

May
1

AUD/USD D1 Technical May 01

AUD/USD is trading in a range of 1.0290-1.0390 level. Bollinger bands are providing buy signals for the pair. Pair is expected to first test its support at 1.0290 level. Price action on this level should be carefully watch.

If Aussies manage to break through 1.0390 level and H4 closure above 1.0390 then pair will got bullish strength and start moving towards north.

On the other hand, If AUD/USD fails to hold its support level and H4 candle close below support then pair will start falling towards south and target will be 1.0260-0224.

High impact News can affect the movement of AUD/USD. News like ISM Manufacturing PMI, ADP Non-Farm Employment Change, FOMC Statement.

 

Apr
3

USD/CHF D1 Technical April 03

USD/CHF is in bullish strength, pair will face its resistance at 0.9550 level. Price action on this level should be watch carefully. If pair manage to overcome on its resistance and H4 candle close above 0.9550 level then pair will target 0.9600 level. On the other hand, If pair fails to break its resistance and H4 candle close below resistance level, it will indicate bearish strength and USD/CHF will then target southward.

High impact News of USD can affect the pair. News like ADP Non-Farm Employment Change, ISM Non-Manufacturing PMI.