In our Daily Trade Watch video, we look for high probability trade setups that we can trade throughout the day. Today, we take a look at a number of trading opportunities pre-NFP.
At 1.30 pm UK time today, we will see a clearer picture behind the US employment figures. Of course, everyone is expecting the situation to be bad. The question is, how bad is it? As a result, we are likely to experience significant volatility during this event. However, we have identified a couple of opportunities which can be considered.
We like the EURGBP higher above 0.9006. The other market to keep a close eye on is the USOIL market which has seen a significant move higher and if prices break above yesterday’s high of 37.77 then we anticipate this market will continue higher, at least, over the short-term.
Trading Opportunities Pre-NFP – Full Video Analysis
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