Daily technical & fundamental analysis for multi-forex pairs

luckyanand12

Sergeant
Messages
154
GBP/USD sell trade analysis by Keon Consultancy, a group of Forex Fund Managers
We identified an ABCD pattern and here is how we entered sell trade:
GBP USD, H1, Aug 4, 2020.png
 

luckyanand12

Sergeant
Messages
154
USD/JPY trading plan for US Non-farm Payrolls (NFP) | Forex Fund Manager | Keon Consultancy
The video explains my trade entry prior to US Non-farm Payrolls (NFP). It also explains exit entry points prior to NFP and the same after NFP.
 

luckyanand12

Sergeant
Messages
154
Trading USD/JPY after NFP | Forex Fund Manager | Keon Consultancy

US Non-Farm Payroll (NFP) came to be 1.763 million vs consensus forecast of 1.53 million. Even though there is negative revision in previous release from 4.8 million to 4.791 million, today's deviation of positive surprise is bigger than the deviation of negative revision.


We already had a technical setup as illustrated in this video, we have entered buy positions. Here what we see on the chart:
USD JPY, H4, Aug 7, 2020.png
 

luckyanand12

Sergeant
Messages
154
EUR/USD analysis | Double Repo pattern is under construction after NFP | Forex Fund Manager
The video illustrates how we are trading EUR/USD after release of US Non-Farm Payroll today. As well, it illustrates how we figured out entry & exit points having seen the under construction Doupe Repo look alike pattern.
 

luckyanand12

Sergeant
Messages
154
Trading CAD/JPY after NFP and Employment Data from Canada | Forex Fund Manager | Keon Consultancy

CAD Employment Change came to be 418.5K vs forecast of 395K. CAD Unemployment Rate also came better than forecast, 10.9% vs forecast of 11.1%.

We wanted to buy CAD but buying CAD against USD (selling USD/CAD) wouldn't be a good idea as US NFP also came better than forecast. Therefore, we have bought CAD against JPY just like we have bought USD/JPY.


CAD has been strengthening since March 19 as you can see on the major pair chart:

USD CAD, D1, Aug 7, 2020.png



Here is what we see on CAD/JPY and how are trading it:

CAD JPY, H4, Aug 7, 2020.png
 

luckyanand12

Sergeant
Messages
154
Trading USD/JPY after NFP | Forex Fund Manager | Keon Consultancy

US Non-Farm Payroll (NFP) came to be 1.763 million vs consensus forecast of 1.53 million. Even though there is negative revision in previous release from 4.8 million to 4.791 million, today's deviation of positive surprise is bigger than the deviation of negative revision.


We already had a technical setup as illustrated in this video, we have entered buy positions. Here what we see on the chart:
View attachment 56485
Trade closed : Target reached.
 

luckyanand12

Sergeant
Messages
154
Trading CAD/JPY after NFP and Employment Data from Canada | Forex Fund Manager | Keon Consultancy

CAD Employment Change came to be 418.5K vs forecast of 395K. CAD Unemployment Rate also came better than forecast, 10.9% vs forecast of 11.1%.

We wanted to buy CAD but buying CAD against USD (selling USD/CAD) wouldn't be a good idea as US NFP also came better than forecast. Therefore, we have bought CAD against JPY just like we have bought USD/JPY.


CAD has been strengthening since March 19 as you can see on the major pair chart:

View attachment 56486


Here is what we see on CAD/JPY and how are trading it:

View attachment 56487
Trade closed : Target reached.
 
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