NFP Trade !!

Syed Talha Saghir


NFP TRADE AND ANALYSIS

Tomorrow we have very important news which is Non Farm Payrolls. Today we gonna analyze this event and according to our analysis, many factors are indicating that it should be strong because ADP employment, initial jobless claims and continuing jobless claims all showing green. But we did not saw any effects of hurricanes till now and this is where we will see softer data so in our overall view data will be weak and the dollar will slide down again. So we are bullish on EURUSD, AUDUSD and bearish on usdjpy.

So for EURUSD our stops will be 1.1640 and tp is wide open but if we want to place it then our first target will be 1.2040.

Audusd stops will be 0.7730 Tp 0.8100

Usdjpy Stops 113.70 Tp 111.00
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4 Comments

  1. Syed Talha Saghir4 November 2017 at 17:26

    Thanks. More articles will come stay tuned

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