π‘ How To Trade NFP Before The News
The dollar is seeing some demand growth today as investors anticipate the upcoming Non-Farm Employment data. The DXY and USD pairs are on track to end the day in the green for the first time in four trading sessions. Here are some things you can do to prepare for this along with trade setups to take now in the wake of NFP.
https://a1trading.com/how-to-trade-nfp-before-the-news/
The dollar is seeing some demand growth today as investors anticipate the upcoming Non-Farm Employment data. The DXY and USD pairs are on track to end the day in the green for the first time in four trading sessions. Here are some things you can do to prepare for this along with trade setups to take now in the wake of NFP.
https://a1trading.com/how-to-trade-nfp-before-the-news/
Canadaβs economy is showing a significant slowdown in economic growth for the first time in three quarters. Poor economic outlook has prompted investors to start flocking towards the loonie in hopes of a more hawkish stance from the Bank of Canada. On top of this, oil prices climbed another 1% today after the European Unionβs embargo on Russia as they search for other sources of oil. Taking a look at AUDCAD on the 4H is in a support zone with a trend line below it. The 1D timeframe suggests that a bounce could take the pair to the 0.91329 target level of resistance.
The stock market starts off the day in the red as bond yields rise and the 10 year note hits above 2.8%. It looks like investors are taking some profits off the recent rally, but todayβs dip might still be an opportunity for institutions to continue their aggressive buying thatβs been going on since last week. The most recent 4H candle shows hard selling pressure towards the downside as the psychological $4100 level sits just below. On the other hand, the 1D doesnβt show any clear resistance until the $4300s, so the index may have some room to run to the upside
π¨ NEW TRADE ALERT! NZDUSD. Don't miss out on the action!
Come join our VIP group, see our trades, join the chat, and get access to our winning trading strategies. Hereβs everything thatβs included with your membership purchase:
β Our trade alerts, with detailed entries, exits, and analysis
β Our educational material, including PDF guides
β Coaching webinars with Eivind Bydall, 2x a week to ask your questions
β Access to our 24/7 chatroom
β Access to our forex trading robot (GOLD MEMBERS ONLY)
β Downloads for our MT4 trading tools (trend scanners, candlestick pattern scanners, and more) (GOLD MEMBERS ONLY)
β One time payment access to our group (no renewing fees, etc). (GOLD MEMBERS ONLY)
π Special Discount for Telegram Subscribers:
Use code TGVIP for a 30% OFF DISCOUNT here: https://a1trading.com/vip/
π¬ Have questions or want more information? Send a message to @emily_a1trading
Come join our VIP group, see our trades, join the chat, and get access to our winning trading strategies. Hereβs everything thatβs included with your membership purchase:
β Our trade alerts, with detailed entries, exits, and analysis
β Our educational material, including PDF guides
β Coaching webinars with Eivind Bydall, 2x a week to ask your questions
β Access to our 24/7 chatroom
β Access to our forex trading robot (GOLD MEMBERS ONLY)
β Downloads for our MT4 trading tools (trend scanners, candlestick pattern scanners, and more) (GOLD MEMBERS ONLY)
β One time payment access to our group (no renewing fees, etc). (GOLD MEMBERS ONLY)
π Special Discount for Telegram Subscribers:
Use code TGVIP for a 30% OFF DISCOUNT here: https://a1trading.com/vip/
π¬ Have questions or want more information? Send a message to @emily_a1trading
CAD looks stronger today as oil prices jump on the recent EU embargo on Russia. Canada also showed a positive change in GDP growth while the US economy shrank. The pair is on key support around the 1.26300s and looks to be heading lower as the daily candle forms rejection from the highs and hard selling pressure to make another leg lower.
β οΈ WATCH OUT!
Non-Farm Payroll (NFP) numbers release this Friday! This could cause some serious movement in the market, particularly with USD pairs. Make sure you have a plan!
π Want to know how we are trading the news? Get in on the action! Join the VIP community today to see what we're trading leading up to the news.
π SPECIAL NFP SALE : Use the code "TGVIP" at checkout for 30% OFF the VIP community! https://a1trading.com/vip/
π Have questions? Send a message to @emily_a1trading
Non-Farm Payroll (NFP) numbers release this Friday! This could cause some serious movement in the market, particularly with USD pairs. Make sure you have a plan!
π Want to know how we are trading the news? Get in on the action! Join the VIP community today to see what we're trading leading up to the news.
π SPECIAL NFP SALE : Use the code "TGVIP" at checkout for 30% OFF the VIP community! https://a1trading.com/vip/
π Have questions? Send a message to @emily_a1trading
π1
π BOC Hikes Again, What Now?
The Bank of Canada (BOC) decided to hike rates again by another 50 basis points regardless of slowing economic concerns. The loonie is stronger today as a result of this. This is what could likely happen to loonie pairs after this news.
Continue Reading: https://a1trading.com/boc-hikes-again-what-now/
The Bank of Canada (BOC) decided to hike rates again by another 50 basis points regardless of slowing economic concerns. The loonie is stronger today as a result of this. This is what could likely happen to loonie pairs after this news.
Continue Reading: https://a1trading.com/boc-hikes-again-what-now/
π¬ FREE Trade Alerts, Setups, and Edgefinder Forecasts!
Sign up here:
https://mailchi.mp/4ff59b57a43e/free-trade-alerts-edgefinder-alerts
Sign up here:
https://mailchi.mp/4ff59b57a43e/free-trade-alerts-edgefinder-alerts
How to Trade CAD Pairs Now! (Don't Miss This!) AUDCAD, EURCAD, CADJPY
https://www.youtube.com/watch?v=aQJNfVp9FCA
https://www.youtube.com/watch?v=aQJNfVp9FCA
YouTube
How to Trade CAD Pairs Now! (Don't Miss This!) AUDCAD, EURCAD, CADJPY
π Join VIP for trade alerts & our live trade room: https://a1trading.com/vip/
π Get our trading software / market scanner: https://a1trading.com/a1-edgefinder-get-access-to-forex-data-now/
π π¨ππ² π°πΌπ±π² πππ¬π§ π³πΌπΏ πππ―ππ°πΏπΆπ―π²πΏ π±πΆππ°πΌππ»ππ! Thanks for supporting theβ¦
π Get our trading software / market scanner: https://a1trading.com/a1-edgefinder-get-access-to-forex-data-now/
π π¨ππ² π°πΌπ±π² πππ¬π§ π³πΌπΏ πππ―ππ°πΏπΆπ―π²πΏ π±πΆππ°πΌππ»ππ! Thanks for supporting theβ¦
LIVE Forex Trading: CADJPY, EURCAD, XAUUSD (June 2nd, New York Session)
https://www.youtube.com/watch?v=hTYUYoo4Nrw
https://www.youtube.com/watch?v=hTYUYoo4Nrw
YouTube
LIVE Forex Trading: CADJPY, EURCAD, XAUUSD (June 2nd, New York Session)
π Our FREE DISCORD: https://discord.com/invite/qsmfjRq
π Join VIP for trade alerts & our live trade room: https://a1trading.com/vip/
π Get our trading software / market scanner: https://a1trading.com/a1-edgefinder-get-access-to-forex-data-now/
π π¨ππ² π°πΌπ±π²β¦
π Join VIP for trade alerts & our live trade room: https://a1trading.com/vip/
π Get our trading software / market scanner: https://a1trading.com/a1-edgefinder-get-access-to-forex-data-now/
π π¨ππ² π°πΌπ±π²β¦
Gold also seems to be bullish at the start of the New York session. The miss in ADP numbers is helping the metal gain a foothold over the dollar as price climbs 1%. Goldβs price is testing resistance in the $1860s and coming up to the 200 simple moving average on the 4Hour chart. The 1Day timeframe suggests that a break in resistance could take gold up to test the $1890s.
Equities slide for the third day in a row in the anticipation of disappointing NFP data tomorrow as the SPX500 comes down to touch support just below the $4100s. The next level of support lies about 100 points lower at the $4000 level. On the 4Hour, price has crossed underneath a supportive trend line suggesting that the index will keep inching downward until that solid support at $4000. On the 1Day, the indexβs most recent candle shows rejection from the highs of today, and is forming an inverted hammer candle with selling pressure.
π +201 PIPS on EURCAD Want to know how he did it?
Come join our VIP group to get access to all of Nick's trades (entries, exits, sl, analysis) along with his detailed winning strategy available in PDF form. Don't miss the next big move! Hereβs everything thatβs included with your membership purchase:
β Our trade alerts, with detailed entries, exits, and analysis
β Our educational material, including PDF guides
β Coaching webinars with Eivind Bydall, 2x a week to ask your questions
β Access to our 24/7 chatroom
β Access to our forex trading robot (GOLD MEMBERS ONLY)
β Downloads for our MT4 trading tools (trend scanners, candlestick pattern scanners, and more) (GOLD MEMBERS ONLY)
β One time payment access to our group (no renewing fees, etc). (GOLD MEMBERS ONLY)
π Special Discount for Telegram Subscribers:
Use code TGVIP for a 30% OFF DISCOUNT here: https://a1trading.com/vip/
π¬ Have questions or want more information? Send a message to @emily_a1trading
Come join our VIP group to get access to all of Nick's trades (entries, exits, sl, analysis) along with his detailed winning strategy available in PDF form. Don't miss the next big move! Hereβs everything thatβs included with your membership purchase:
β Our trade alerts, with detailed entries, exits, and analysis
β Our educational material, including PDF guides
β Coaching webinars with Eivind Bydall, 2x a week to ask your questions
β Access to our 24/7 chatroom
β Access to our forex trading robot (GOLD MEMBERS ONLY)
β Downloads for our MT4 trading tools (trend scanners, candlestick pattern scanners, and more) (GOLD MEMBERS ONLY)
β One time payment access to our group (no renewing fees, etc). (GOLD MEMBERS ONLY)
π Special Discount for Telegram Subscribers:
Use code TGVIP for a 30% OFF DISCOUNT here: https://a1trading.com/vip/
π¬ Have questions or want more information? Send a message to @emily_a1trading
π΄ NFP IS TOMORROW! We are live starting at 8 AM EST. Click here to set notifications: https://youtu.be/jY98iXmjtRw