EURUSD only

Anyone tell me what is NFP and what is that meaning

last update for EUR/USD exchange rate forecast is 22/07, guess they will adjust accordingly, dont you think?

On this day, Mr. Forex makes a lot of money!!!

1st, I expect to see a retracement to around 50% of this rise. After that I want to see what will happen around that area before predicting the next step.

NOTE: I'll consider a SELL, only if H1 candle doesn't close above 1.1625!

I don't understand what you say

Ever tried search engines or ChatGPT?

My analysis for the week.

The last bullish move on NFP was expected as I pointed out on my last post, the real question is whether the retracement is done or not.

In my opinion, I believe it is, because on 4hrs, we have tested the 2 resistance zones price created before the 2nd leg down(see image below).

If for some reason price breaks these resistance, the next resistance sits at 1.165xx which is a retest of the broken trendline on daily. Depending on how price reacts there, we might get to the ultimate resistance at 1.171xx.

Anyways, targets for the week are monthly first support which sits at 1.12654 and if it breaks, 1.12106 is next.

All in all, bears still have the upper hand and so it's advisable to sell the highs.

Good evening, for tomorrow, I've 1.1623 as resistance, and 1.1563 as support.

Copilot is right there in EDGE browser, no one uses Google anymore, fact check the numbers on that.

In trading and economics, NFP stands for Non-Farm Payrolls — and it’s one of the most watched data releases in the forex world. Here’s the breakdown:

What Is NFP?

1. Non-Farm Payrolls measures the number of paid U.S. workers excluding farm employees, government workers, private household staff, and non-profit employees.
2. It’s released monthly by the U.S. Bureau of Labor Statistics, typically on the first Friday of the month.
3. The report includes job growth, unemployment rate, and wage data — all key indicators of economic health.

Why It Matters for Traders

1. Volatility Spike: NFP often causes sharp moves in USD pairs (like EUR/USD, GBP/USD) due to its impact on interest rate expectations.
2. Interest Rate Clues: Strong NFP numbers may signal inflationary pressure, nudging the Fed toward rate hikes.
3. Market Sentiment: It’s a pulse check on the U.S. economy — traders use it to gauge risk appetite and adjust positions.

Quick Example

If NFP comes in higher than expected, it suggests strong job growth → potential rate hikes → USD strengthens.
If it’s lower, it may signal economic slowdown → rate cuts → USD weakens.

After Friday's rally, EURUSD seems to be fading somewhat; the price is falling in the range above the middle band.

And besides, there are enough moderate Republicans in the Senate that the appointment of a politically-driven sycophant is highly unlikely.

No change to 1.11 EURUSD target.

Thinking more like this before our climb up

Hello everyone! The EURUSD price has broken through the local downward trend line, which was formed earlier on the H1 timeframe. The 1.1519 level was also broken through and the price consolidated above it. I am considering buying with the first target being the resistance level of 1.1630. If it is broken through, the next target may be the resistance level of 1.1710.

Quick H4 Outlook

1. I am waiting for progress while candles are still inside my red colored "no trading" zone...
2. I could make an exception and risk a fresh long if price goes back to 1.1538... but no signs of that yet...
3. Overall, it is needless to say that bulls have the upper hand with current picture...

Happy new trading week folks

Trump’s Interest Rate Obstacle Is Bigger Than Powell

"Higher rates are the result of far more than Fed decisions. Debt, demographics, and deglobalization are all driving the price of money up."

H4 trend is bullish - H4 ATR 25 pips

Key Resistance levelst: D1(EMA20) 1.1585 - 1.1620 - 1.1660
Key Support levels: H4(EMA35) 1.1525 - 1.1455 - 1.1400

Happy trading week folks!