Yesterday's US GDP data was 2.3%, the same as the previous period, and unemployment claims increased higher than predicted, theoretically which is not good for the USD, but the market said otherwise that USDJPY rose, drawing a bullish candle. Still maintains the previous position.
Today I tried to focus on AUDUSD and tried a pending order sell limit using stop loss and profit target. While waiting for the US PMI data to be released.
USDCHF on the M5 timeframe the downward movement is fading, on the daily timeframe the RSI is at level 37 but %R is at level 85 and maybe oversold, try scalping today.
GBPUSD has had an uptrend for three consecutive days. today are waiting for US Unemployment Claims data, which is expected to rise from the previous revision.
GBPUSD is moving flat ahead of NFP news, pending orders are still not confirmed, maybe waiting for NFP release and I cancel it while waiting for the market after NFP release.
The NFP data released on Friday showed that the actual was higher than the previous revision but lower than the forecast; there was a difference of 7k compared to the forecast. While the Unemployment Rate was higher than the forecast. Indications are less supportive of strengthening the USD, but the post-NFP market seems to be moving naturally, and GBPUSD is even flat.
GBPUSD rise starts to fade, in hourly timeframe price tries to cross middle band line from the top, TDI signal line points to the bottom, try to open sell while waiting for US CPI release.
