Admiral Markets - Analytics

Admiral Markets

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NFP Impact on US Dollar Direction

EUR/USD

4 hour

The EUR/USD's movement will be impacted by today's Non-Farm Employment Change.

1 hour

The EUR/USD had a range day yesterday which created the support (green) and resistance (red) trend lines.

GBP/USD

4 hour

The GBP/USD's movement will be impacted by today's Non-Farm Employment Change.

1 hour

Price action remained in the corrective pattern yesterday as price bounced off resistance, which was probably a move sparked by the lower than expected bank rate votes of the Bank of England.

USD/JPY

4 hour

The USD/JPY's movement will be impacted by today's Non-Farm Employment Change.

1 hour

The USD/JPY retraced back to the broken resistance (dotted red) which acted as support (blue line) for a potential wave 4 (lavender).



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