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How To Trade Tomorrows Nonfarm Payroll EURUSD & Gold

April 2, 2015 10:46 pm

At the time of writing this EURUSD pair is trading at 1.0890 this pair has shrugged off upbeat US data and rallied more than 100 pips throughout the American session, keeping in view the past behavior the pair may continue its upward move toward 1.0960 after hitting its support near 1.0850, now  for tomorrow keep an eye on the coming NFP which is due at 1730 hrs Local time therefore keep in mind  “Buy the Rumors & Sell the fact “. Gold has found resistance at 1207 after yesterdays negative ADP Nonfarm Employment Change however has fallen back to 1194 likely if tomorrows NFP data comes negative Gold may rise to 1225 to 1232 lvl (past resistance lvl) and EURUSD to lvl 1.0960 to 1.1040.

EURO AND DOLLAR

EURO AND DOLLAR

3 Comments

  • Muhammad Anas Ali

    Very nice, this is the very helpful information for Friday trade and may be we get best profit through this.

  • Muhammad Awais

    Keep in mind Easter holiday long weekend coming ahead therefore keep an eye on Dollar index observe it will help us in trading NFP

  • Muhammad Anas Ali

    Unpredictable and volatile movements is expect.

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