💡 USDCAD
Trade Idea from moreblue in our VIP discord:

"Going against my intermediate term bias on the majors here 🙃 , but I'm seeing it grinding a bit higher before a larger retracement. https://www.tradingview.com/x/I3vUPlhL/
Stops have been taken below 1.2717, market turned and there is a void that could likely be filled."

📈 FREE Edgefinder Forecast: Strong Sell on GBP/USD

3 Reasons Why:
- Retail traders are mostly long on this pair
- Institutional investors are primarily long on USD and short on GBP
- Historically, this pair performs poorly in the month of May

🎁 Try the A1 Edgefinder for FREE! Send a message to @emily_a1trading

Ready to Get the Full Version? Use code “TGVIP” for 20% off! https://a1trading.com/a1-edgefinder-get-access-to-forex-data-now/

💡EUR/USD
Trade Idea from Pikachu in our VIP discord:

Possible reentry EU short after NFP or monday

LIVE NOW https://youtu.be/AasijWptLWw

Nick Just took a Trade on EURCAD! It’s not too late to get in on the action!

✅ Our trade alerts, with detailed entries, exits, and analysis
✅ Our educational material, including PDF guides
✅ Coaching webinars with Eivind Bydall, 2x a week to ask your questions
✅ Access to our 24/7 chatroom
✅ Access to our forex trading robot (GOLD MEMBERS ONLY)
✅ Downloads for our MT4 trading tools (trend scanners, candlestick pattern scanners, and more) (GOLD MEMBERS ONLY)
✅ One time payment access to our group (no renewing fees, etc). (GOLD MEMBERS ONLY)

🎁 Special Discount for Telegram Subscribers:
Use code TGVIP for a 40% OFF DISCOUNT here: https://a1trading.com/vip/

💬 Have questions or want more information? Send a message to @emily_a1trading

EUR/USD rises after NFP and unemployment data in the US. Although US unemployment didn't rise from last month, it still missed expectations and showed no improvement. If the pair comes up to the 1.07600s, it would find some strong resistance on the 1D. Rejection from the lows on the past 2 candles suggest a higher move.

Gold is coming back up as well on today's jobs data. Price action suggests a lower high will be made on the 1D timeframe or a formation of a wedge. Support lies just below around $1850s.

SPX500 can't seem to find any relief after the recent rate hike. The overall trend seems to be a downward move with periodic volatile swings. It does not yet seem that the market has found a bottom, so trading is probably better intraday.

💡 SPX Analysis From Nick:

Today's price action on SPX500: It looks like we have potential for a bullish Monday after forming this bullish pinbar. Today started out very weak, but found buyers near the lows of the week. Will it last?

🔑 How to Become a Professional Trader | 3 SIMPLE Tips
https://www.youtube.com/watch?v=c2rI7-_peGM

NEED HELP CREATING A SUCCESSFUL TRADING PLAN?

📕 Download our FREE trading plan guide here: https://mailchi.mp/38f2e555965e/trading-plan-template

AUD/USD Analysis
AUDUSD fell back under support and is now testing a key bottom around 0.69900s. The Fed's recent rate hike last week seems to be taking investor demand as the USD gets stronger on Monday. This test at the lows here could be a sign that momentum is pretty weak and that price may break underneath support. Based off recent price action, it seems likely that the pair will fall underneath support before coming up for a bounce.

Gold Analysis
Gold takes another dip over 1% towards support on the 1D timeframe which is also paired with the 200 DMA just below it. A stronger USD shifts investor sentiment to a more risk-off sentiment as US bond yields touch above 3.1%. It seems like gold will come down to test the moving average before considering any kind of bounce. Lower lows have continued since March, and the downtrend does look strong enough to continue.

SPX500 Analysis
SPX500 on the 1D timeframe can't find a sustainable bounce of any kind as the index continues to make lower lows and highs. Stocks suffer more from poor tech earnings. Inflation is another fear for the bulls as volatile swings make it hard to pick a direction. One thing is certain which is that price is making lower lows over time since the start of 2022. We will likely see price hit $3980s which would serve as a clean support level. Judging by the rate at which the market is handing back the gains from 2021, SPX might have to capitulate before investors get a green light to start buying again.

💡 Why You Should Buy USD Now

The dollar index (DXY) is up another 0.24% today as price touched new highs around $104.20. USD is largely stronger today, and some key factors suggest that the dollar could be strong for the entire week. So, here are some reasons why you should buy USD now that we are at the start of a new week of risk-off sentiment.

https://a1trading.com/why-you-should-buy-usd-now/

💥 The Inflation Problem: These Markets Are About to EXPLODE
https://www.youtube.com/watch?v=ytzqUALen0Y