Hello Traders
USD LOOKS STRONG AGAINâ¦
NFP data : The October unemployment rate dipped to its lowest level in over 5-years at 4.4%, with another bout of strong upward revisions to previous months' non-farm payrolls.
EUR-USD
50 dma â 1,2692
100 dma â 1,2706
Strong support â 1,2677
Resistance â 1,2730 then 1,2775-80
Range trading possible, watch daily closeâ¦., needs below 1,2675 for strong move down or above 1,2780-1,2800 for strong move upâ¦
GBP-USD
20 dma â 1,8795
50 dma â 1,8838
100 dma â 1,8719
1,9100-45 was tested few times last week, but strong NFP number pushed pair lower below 1,9030 support ( now resistance ), structure is bearish at this moment, 1,8930-35 target possibleâ¦
Holding short positionâ¦
USD-JPY
20 dma â 118,55
50 dma â 117,77
Strong recovery during Fridayâs us session, found resistance 118,15-40, needs to close above this level for move towards 118.80-119,00,
support 117,70-80â¦
Look to buy on dips if seenâ¦
USD-CHF
Strong move above 1,2500 level suggest that 1,2580-1,2620 could be test soon, watch support at 1,2470-80â¦
Holding long positionâ¦
Good Luck
Piotr
USD LOOKS STRONG AGAINâ¦
NFP data : The October unemployment rate dipped to its lowest level in over 5-years at 4.4%, with another bout of strong upward revisions to previous months' non-farm payrolls.
EUR-USD
50 dma â 1,2692
100 dma â 1,2706
Strong support â 1,2677
Resistance â 1,2730 then 1,2775-80
Range trading possible, watch daily closeâ¦., needs below 1,2675 for strong move down or above 1,2780-1,2800 for strong move upâ¦
GBP-USD
20 dma â 1,8795
50 dma â 1,8838
100 dma â 1,8719
1,9100-45 was tested few times last week, but strong NFP number pushed pair lower below 1,9030 support ( now resistance ), structure is bearish at this moment, 1,8930-35 target possibleâ¦
Holding short positionâ¦
USD-JPY
20 dma â 118,55
50 dma â 117,77
Strong recovery during Fridayâs us session, found resistance 118,15-40, needs to close above this level for move towards 118.80-119,00,
support 117,70-80â¦
Look to buy on dips if seenâ¦
USD-CHF
Strong move above 1,2500 level suggest that 1,2580-1,2620 could be test soon, watch support at 1,2470-80â¦
Holding long positionâ¦
Good Luck
Piotr