Weekly Forex Overview: Impact of NFP on USD
Review of the impact of NFP on the US Dollar: EURUSD englulfing twins, GBPUSD bullish pinbar, USDJPY bearish daily, AUDUSD at resistance.
Wave Analysen
US Dollar Fails to Break Resistance During NFP 2015.08.10
EUR/USD
4 hour
The EUR/USD stayed within the trend lines despite Friday's Non-Farm Employment Change. Price remains in an August wedge between support (green) and resistance (red).
1 hour
The EUR/USD bounced off support during the NFP announcement and created a double bo
...NFP Impact on US Dollar Direction 2015.08.07
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'
...USD/JPY’s 124.50 Resistance Converts into Wave Support 2015.08.06
EUR/USD
4 hour
The EUR/USD made a bullish bounce at the daily support trend level (green) which most likely completes wave X (brown).
1 hour
The EUR/USD made a bullish rebound yesterday (marked as wave A) and then failed to set a lower low which could be explained by a w
...EUR/USD Re-Challenges Critical 1.08 Support Zone 2015.08.05
EUR/USD
4 hour
The EUR/USD is again challenging a key support level at 1.08 (green line).
1 hour
The EUR/USD wave count changed upon the bearish breakout below the support trend line (dotted green). The wave count will remain labeled as a wave X (brown) as long as price
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