Don’t waste your time – keep track of how NFP affects the US dollar!
Beginner Forex book will guide you through the world of trading.
We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.
Warning! Old version of the browser!
Press one of the icons below to proceed to the official website of the developer and download the latest version of your browser.
Online Forex broker
Information is not investment advice
As we had foreseen earlier this week, USD/JPY traveled lower, to the 107.00 area. Then, however, it managed to rebound from the 50-day MA and return above 107.50. The pair still looks very tradable. We acknowledge efforts of buyers, but we see a resistance: 100-day MA at 107.82. On the H4, you may notice a higher high. If USD/JPY stays above 107.50 and breaks above 108.00, we’ll get an “inverted Head and Shoulders” pattern and target 108.40. On the other hand, a decline below 107.50/30, will shift the focus back down to 107.00/106.80.
Gold price formed a bearish harmonic ‘Butterfly’ pattern. Still, the detour to $1760 may be the decline it forecasts. In addition, even the pattern allows expecting the increase up to $1780.
AUD/USD formed an inverted "Head and Shoulders’ and is targeting 0.7815, 0.7840, and 0.7860.
USD/JPY rose to the resistance of the 50-week MA at 106.00. The pair is not at the resistance line since the end of December.
What are the projections for the oil and gold prices? Let's discover that in the review for commodities.
Non-farm payrolls will come out on Friday at 15:30 MT (GMT+3). Let's get ready together!
Discover the outlook for EUR/USD, EUR/GBP, and GBP/USD.
Your request is accepted.
We will call you at the time interval that you chose
Next callback request for this phone number will be available in 00:30:00
If you have an urgent issue please contact us via
Live chat
Internal error. Please try again later
