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New Zealand Dollar / U.S. Dollar forum

2 days ago

NFP Came in 256K more than forecast as expected as well as Unemployment Rate decreasing to 4.1% as expected as well hope everyone caught that and were profitable, God Bless

2 days ago

nfp news high impact is coming today

2 days ago

make fallig wedge pattern and trend bearish. MA cross breakout breaish

Current Price 0.55900

Target 0.55044
Target 0.54030
Target 0.53308

Stop Loss 0.56770

2 days ago

Its been a while I share an insight hope all is well, just some simple insights.

I understand why some of ya'll may be thinking of possible reversal base on the current state/position of the you maybe right but while I am open to that idea I'm entirely bearish bias because I think NFP Data will be more than forecast and there is no other reason for a rebound unless otherwise and numbers are way off.

Before making the decision to enter trade if not already in please note December NFP numbers are usually high, ADP employment shows added 122K Jobs a little less than forecast 140k but still increased, There had also been a 10k decrease in Jobless claims Data which came in past Wednesday to 201k from previous 211k after it was forecast to rise to 213k this is also a great reason to support my bias in favor of the dollar as less persons were filing for unemployment/jobless claims which also leads me to think the Unemployment rate will drop to 4.1%, less or come in as forecast 4.2%. This MAY cause an increase in NFP numbers, Not an investment advice.

With that have been shared best of luck keep an open mind and lets all get this 2025 first NFP, Keep grinding God bless all.🫱🏻‍🫲🏾