Pre-NFP Analysis
March 8th Non Farm Employment Change Scenarios
DXY: Look for reaction at 103 resistance level.
Strong NFP (>250k) : DXY break through and climb to 103.70
Weak NFP (<140k): DXY reject and drop to 201.10
NZDUSD: Sell 0.6155 SL 30 TP 80 (DXY strength)
AUDUSD: Buy 0.6655 SL 25 TP 70 (DXY weakness)
USDJPY: Sell 147.50 SL 40 TP 145 (DXY weakness)
GBPUSD: Sell 1.2765 SL 25 TP 60 (DXY strength)
EURUSD: Buy 1.0905 SL 30 TP 75 or Buy 1.10 SL 30 TP 80 (DXY weakness)
USDCHF: Sell 0.8765 SL 20 TP 40 (DXY weakness)
USDCAD: Buy 1.3455 SL 25 TP 85 (DXY strength)
Gold: Could retrace down to 2126, bounce higher to 2175
DXY: Look for reaction at 103 resistance level.
Strong NFP (>250k) : DXY break through and climb to 103.70
Weak NFP (<140k): DXY reject and drop to 201.10
NZDUSD: Sell 0.6155 SL 30 TP 80 (DXY strength)
AUDUSD: Buy 0.6655 SL 25 TP 70 (DXY weakness)
USDJPY: Sell 147.50 SL 40 TP 145 (DXY weakness)
GBPUSD: Sell 1.2765 SL 25 TP 60 (DXY strength)
EURUSD: Buy 1.0905 SL 30 TP 75 or Buy 1.10 SL 30 TP 80 (DXY weakness)
USDCHF: Sell 0.8765 SL 20 TP 40 (DXY weakness)
USDCAD: Buy 1.3455 SL 25 TP 85 (DXY strength)
Gold: Could retrace down to 2126, bounce higher to 2175
Join my mailing list jindaotai.com/joinme
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.