Browsing all articles tagged with Non-Farm Employment Change
Mar
8

USD/CHF D1 Technical March 08

As USD/CHF was expected for the correction yesterday. Pair target around 85 pips. But 0.9400 level is still there, above this level pair is likely to have bullish strength. Now the key resistance is around 0.9515 level. If pair manage to break its resistance and H4 candle close above it then we are expecting USD/CHF to continue its northward trend.

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

Feb
1

USD/CHF D1 Technical February 01

USD/CHF is in bearish strength. It break its all key support and now testing 0.9040 support level. If pair manage to break this level and H4 candle close below 0.9040 level then pair will be more under pressure and continue its southward movement. Price action on 0.9040 level should be carefully watch, as rate is on last Bollinger showing over sold off pair so there can be some retracement.

High impact News of USD can affect the pair. News likeI. Non-Farm Employment Change, Unemployment Rate and ISM Manufacturing PMI.

Feb
1

EUR/USD D1 Technical February 01

Rate is on top of Bollinger showing overbought of pair. We are expecting EUR to get a pull back from 1.3710 level and correction should be towards 1.3600 support level. If H4 candle close below 1.3710 level, then EUR will start moving towards south. On the contrary, Break of 1.3710 level will provide more strength to EUR/USD.

High impact News  can affect the pair. News like Non-Farm Employment Change, Unemployment Rate and ISM Manufacturing PMI.

Feb
1

GBP/USD D1 Technical February 01

Bollinger bands are showing buy signals for the GBP. Yesterday closing above 23.6 % Fibonacci is also showing Bullish movement of GBP/USD . Today’s support is at 1.5800 level and we are expecting pair to continue its uppish trend  and target 38.2 % Fibonacci level, but price action on 1.5912 level is important to watch. Pair can get a pullback from this resistance zone. If pair breakthrough 1.5912 level then it will target 1.5930 level, which is 38.2 % Fibonacci.

High impact Data’s can affect the movement of GB/USD. Data’s like Manufacturing PMI,  Non-Farm Employment Change, Unemployment Rate and ISM Manufacturing PMI.

 

Feb
1

AUD/USD D1 Technical February 01

AUD is currently testing its support around 1.0345 level. Pair has bearish strength to continue its downward trend. Yesterday  pair didn’t manage to close above 61.8 % Fibonacci level, so pair starts moving towards 50.0 % Fibonacci and now targeting  38.2% Fibonacci. If today pair manage to close below 38.2 % Fibonacci then AUD/USD will get more potential and move towards southward and target 23.6 % Fibonacci.

Lately High impact News can affect the trend of pair. News like Non-Farm Employment Change, Unemployment Rate and ISM Manufacturing PMI.

Jan
4

USD/CHF D1 Technical January 04

USD/CHF breaks resistance yesterday and move towards north. Pair is likely to face its resistance today at 0.9295-0.9300 level. We are seeing still bullishness in the pair.

High impact News can affect the movement of pair. News like Services PMI, Non-Farm Employment Change, Unemployment Rate ISM Non-Manufacturing PMI forex, forex exchange, forex trading.

Jan
4

AUD/USD D1 Technical January 04

Aussies didn’t manage to hold its support of 1.0460 level. Pair will now move to test its support at 1.0420 level. If pair breakthrough its support level and give a closure below 1.0420 level then we will see further southward movement.

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

Jan
4

EUR/USD D1 Technical January 04

EUR/USD dropped rapidly after positive news of ADP Non-Farm Employment Change yesterday. Today pair will face support at 1.3010 level. If H4 candle close below this level, it will indicate bearish strength.

High impact News can change the scenario. News like Services PMI, Non-Farm Employment Change, Unemployment Rate and ISM Non-Manufacturing PMI.

Jan
4

GBP/USD D1 Technical January 04

Yesterday Cable breaks its support and dropped up to 145 pips. Today’s resistance lies at 1.6050 level. Price action on this level should be watched closely, break of level will take pair further downward.

Later on high impact News can affect the pair.  News like Services PMI, Non-Farm Employment Change, Unemployment Rate and ISM Non-Manufacturing PMI.

Dec
7

USD/CHF D1 Technical December 07

As we predict in last artical,  pair has bullish strength and break of 0.9307  level will take pair upward. Rate is now at 0.9355. Pair will test its next resistance around 0.9385-90 level. If pair manages to break its resistance today and give a closure above 0.9390 level, it will indicate pair got more strength and pair will go Northward.

High impact News can affect the trend of USD/CHF. News like Non-Farm Employment Change,Unemployment Rate and Prelim UoM Consumer Sentiment.