Forex Trading - RichDadph

2023-01-06 14:04:15 The Nonfarm Payrolls report will be released later giving us insight into the state of the US labor market.

As economists expect the report to show job gains of around 200,000, but there are three potential scenarios that could play out, each with different implications for the labor market and the value of the US Dollar.

The report will be closely watched as the Federal Reserve considers its monetary policy in the face of rising inflation and interest rates.

http://www.richdadph.com/2023/01/nfp-report-implications-for-us-labor-Market-and-US-Dollar.html

#NFP #NonfarmPayrolls Open / Comment

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https://i.ibb.co/4YsBd5H/FPG-Live-Account.jpg Open / Comment

2023-01-06 12:52:54 Improving financial health involves effectively managing income, expenses, and net worth to achieve financial goals and achieve peace of mind. This may include saving for emergencies, paying off debt, investing for the future, and protecting assets. Here are some tips for boosting your financial health in 2023.

http://www.richdadph.com/2023/01/%205-tips-for-improving-your-financial-Health-2023.html

#FinancialFreedom Open / Comment

2023-01-06 12:41:49 USD/CAD Outlook: USD Roars to 1-Month Top ahead of US NFP
https://www.forexcrunch.com/usd-cad-outlook-usd-roars-to-1-month-top-ahead-of-us-nfp/

US economic data showed a persistently tight labor market. Initial jobless claims in the US fell to a three-month low last week. In November, Canada had a trade imbalance of C$41 million ($30.20 million). Today’s USD/CAD outlook is bullish as dollar strength continues. On Friday, the dollar maintained close to a one-month high as US … Continued (https://www.forexcrunch.com/usd-cad-outlook-usd-roars-to-1-month-top-ahead-of-us-nfp/)
The post USD/CAD Outlook: USD Roars to 1-Month Top ahead of US NFP (https://www.forexcrunch.com/usd-cad-outlook-usd-roars-to-1-month-top-ahead-of-us-nfp/) appeared first on Forex Crunch (https://www.forexcrunch.com/). Open / Comment

2023-01-06 12:02:09 Dollar higher; U.S. jobs report to show healthy labor market
https://ph.investing.com/news/forex-news/dollar-higher-us-jobs-report-to-show-healthy-labor-market-771528 Open / Comment

2023-01-06 09:32:38 #XAUUSD Intraday:
Look for key resistance at 1843.00

Our preference:
SELL positions below 1843.00 with targets at 1830.00 & 1824.00 in extension.

Comment:
As long as 1843.00 is resistance, look for choppy price action with a bearish bias. Open / Comment

2023-01-06 09:29:22 #GBPUSD Intraday:
Look for key resistance at 1.1965

Our preference:
SELL positions below 1.1965 with targets at 1.1870 & 1.1840 in extension.

Comment:
Even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.

http://www.richdadph.com/p/gbp-usd.html Open / Comment

2023-01-06 09:28:40 #USDCHF Intraday:
Expect further upside

Our preference:
BUY positions above 0.9325 with targets at 0.9380 & 0.9400 in extension.

Comment:
The break above 0.9325 is a positive signal that has opened a path to 0.9380.

http://www.richdadph.com/p/usd-chf.html Open / Comment

2023-01-06 08:40:06 Chinese yuan hits 4-mth high on reopening cheer, U.S. payrolls awaited
https://ph.investing.com/news/forex-news/chinese-yuan-hits-4mth-high-on-reopening-cheer-us-payrolls-awaited-771485 Open / Comment

2023-01-06 06:44:58 #XAUUSD SELL Opportunity Open / Comment