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NFP Rises by 253k as Unemployment Falls and Average Hourly Earnings Rise
US NFP AND JOBS REPORT KEY POINTS:The US Added 253,000 Jobs in April, Surpassing the Average Forecast of 180,000 New Payrolls.The Unemployment Rate Dropped to 3.4%, Matching the January Print Which was a 50-year low.The Positive Data…
EUR/USD corrects lower to 1.0980 post-Payrolls
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EUR/USD now reverses initial gains and revisits 1.0980.
US Non-farm Payrolls surprised to the…
US Dollar (DXY) Struggles Continue as the Latest US Jobs Report (NFP) Nears
US Dollar (DXY) Price, Chart, and AnalysisFed Fund futures suggest US interest rates will be cut by 75bps by the end of 2023.The US could run out of money by early June.US Jobs Report (NFP) released at 12:30 GMT.
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Daily Forex News and Watchlist: USD/JPY
Another day, another U.S. bank in trouble!
Can liquidity woes drag USD/JPY much lower ahead of the NFP release?
Before moving on, ICYMI, yesterday’s watchlist looked at USD/CAD testing its range levels ahead of BOC Governor Macklem’s…
SHEL might test its resistance level at £24-24.30
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Today’s instrument is the Shell Plc stock, which operates as an energy and petrochemical company, and…
Loonie Bid on Upbeat Canadian Balance of Trade Data
USD/CAD ANLAYSIS & TALKING POINTSCrude oil prices find some support today giving CAD a boostCanadian balance of trade outperforms US report.Bull pennant looks ripe for a breakout but key Canadian and US data in store tomorrow.…
ONE CLICK ANALYSIS INSTALLATION & INPUTS GUIDE – Other – 5 May 2023
✔️ One Click Analysis MT4©: https://www.mql5.com/en/market/product/14135✔️ One Click Analysis MT5©: https://www.mql5.com/en/market/product/15003 https://www.youtube.com/watch?v=PvbWEUVi27w One Click Analysis Tool is a keyboard…
Chart Art: Reversal Pattern on USD/CAD
USD/CAD might be done with its climb, as the forex pair is forming a double top pattern that looks ready to play out.
Think price is ready to break below its neckline soon?
Better keep your eyes on these levels so you don’t miss a big…
Refreshes fortnight top near 0.6750 on RBA optimism, US NFP eyed
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AUD/USD takes the bids to refresh two-week high during five-day uptrend.
RBA SoMP defends hawkish…
Did ECB Just Put Brakes on Euro’s Rally? EUR/USD, EUR/AUD, EUR/JPY
US Dollar, Euro, EUR/USD, EUR/JPY, EUR/AUD – Outlook:
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How to Trade EUR/USD
The European Central Bank (ECB) may have just raised the bar for an imminent break higher in the euro…