Browsing all articles tagged with Employment Change
Jul
5

USD/CAD D1 Technical July 05

USD/ CAD is trapped in a range of 1.0555 to 1.0450 level. Bollinger bands are not providing clear signals due to oversold of pair. Break of any level will confirm trend.

Price action on 1.0555 level should be watch. If pair manage to reached that level and H4 candle closure above 1.0555 then USD/CAD will continue its uppish trend.

But if pair fails to break its resistance level and H4 candle closer below 1.0555 level then it will show bears are incharge that will take pair towards 1.0450 level.

High impact Data’s can affect the pair. Data’s like Non-Farm Employment Change, Unemployment Rate, Employment Change, Ivey PMI.

Jun
12

AUD/USD D1 Technical June 12

AUD/USD got bullish in late session yesterday and target around 150 pips. Bollinger bands are not providing clear signals due to oversold of pair. AUD/USD is expected to move further upward and target 0.9525 level.

Price action on 0.9380 level should be carefully watch. If AUD/USD manage to hold this level today and H4 candle closure above this level then it will indicate bullish strength and pair will then target 0.9525 level. Daily closure above 0.9525 level will take AUD further upward.

On the other hand. If pair fails to hold 0.9380 level and H4 candle closure below this level then pair will fall rapidly towards southward and target 0.9330-300 level respectively.

High impact News can change the scenario. News like Employment Change, Unemployment Rate.

Apr
10

AUD/USD D1 Technical April 10

Yesterday in late session AUD/USD manage to break its key level 1.0493 level. Bollinger bands are showing buy signals for the pair. Aussies is expected to target 1.0545 level today, which is today’s resistance. Price action on this level should be watch. If pair manage to break 1.0545 level this will indicate pair got more strength and AUD/USD will then further move up towards north.

High impact News can affect the trend of AUD/USD. News like FOMC Meeting Minutes, Employment Change, Unemployment Rate.

Mar
14

AUD/USD H4 Technical March 14

The positive News of Employment Change and Unemployment Rate give  boost to Aussies and it targeted up to 75 pips. Currently  AUD is testing its resistance at 1.0375 level. If pair manage to break 1.0375 level and H4 candle close above this level then AUD/USD is expecting to move further towards north.

On the contrary, If H4 candle fails to close above resistance level 1.0375. It will indicate bearish strength for the pair and Aussies will then again move towards south and target 1.0300 level.

High impact News can change the scenario. News like PPI m/m, Unemployment Claims.

Mar
13

AUD/USD D1 Technical March 13

Yesterday Aussies manage to overcome on its resistance 1.0290 level. Now next resistance is at 1.0375 level. We are expecting AUD/USD to hold its support 1.0260 level and continue its uppish movement. Bollinger bands are providing buy signals for the pair.

If Aussies manage to break its resistance 1.0375 level and give a day closure above this level then it will indicate strong bullish strength and AUD will then move further towards north.

High impact News can affect the trend of Pair. News like Core Retail Sales m/m, Retail Sales m/m, Employment Change, Unemployment Rate.

Feb
6

AUD/USD D1 Technical February 06

Aussies is in bearish strength today. Pair should go down  and target 1.0300 level. Bollinger bands are showing oversold zone for AUD. So, there can be some retracement but over all the trend will be downward below 1.0480 level. If today pair manage to give a closure under 1.0350 level that will more clear the scenario and pair will become under pressure.

High impact News can affect the movement of AUD/USD.News like Employment Change and Unemployment Rate.

Jan
16

AUD/USD D1 Technical January 16

The trend for Aussies is neutral, 1,0520 level should be handle carefully. If pair break this level and close below this level, it will be indication of strong bearish strength.On the contrary if pair manage to hold support of 1.0520 level then we will likely to see AUD/USD higher.
High impact Data’s can change the scenario. Data’s like Employment Change, Unemployment Rate and Core CPI m/m.

Dec
5

AUD/USD D1 Technical December 05

AUD/USD will face resistance today at 1.0490-95 level. If pair successfully break this level and H4 candle close above 1.0495 level. It will indicate bullish strength and pair will move towards northward.

High impact Data’s can affect the trend of Aussies. Data’s like Employment Change, Unemployment Rate, ADP Non-Farm Employment Change and ISM Non-Manufacturing PMI.

Nov
7

AUD/USD D1 Technical November 7

As we predict after breaking 1.0419 level, Aussies got more strength to go northward. Today AUD/USD will face resistance at 1.0472. The price action on this level is important to watch because the rate is at upper Bollinger showing over buy zone of AUD/USD.
High impact data’s can affect the AUD/USD. Data’s like Employment Change and Unemployment Rate.

Nov
2

USD/CAD D1 Technical November 2

Today USD/CAD has support at 0.9960 and resistance at 1.0022 level. As long as pair holds 0.9960 level the further upside movement is expected. The price action on this level should be watch carefully. Break of this level will provide more bearish strength to the pair.
High impact News like Employment Change, Unemployment Rate and Non-Farm Employment Change can affect USD/CAD.