Numbers due out tonight Forecast is for 210k If less than 170k PMs should rally and the US dollar to fall Between 170k-220k PMs will probably fall or roughly hold their ground as the US dollar has been oversold the past few days may result in consolidation If more than 220k PMs should fall pretty heavily and the US dollar to surge Also depends whether previous nonfarm payrolls are revised up or down Hopefully it's either a high or low number as volatility is my trading friend Pending EUR/USD - XAU/USD and XAG/USD trades on either side of recent support and resistance levels with leverage. Looking for roughly $20-$25 a pip for each trade
Source: ashraflaidi.com Wouldn't mind seeing a slightly negative number Every macro manager and hedge fund are looking and anticipating potential breakdown in these figures, while technical traders are seeing a similar distribution pattern like 07/08 and support breaking. It feels too easy for the bears.
