Analysis of EUR/USD & USD/JPY after NFP by Keon Consultancy
Following our plan of trading Non-farm Payroll, we entered buy in EUR/USD and sell in USD/JPY. We skipped trading AUD having seen its weakness. We waited till opening of US stock market today for more confirmation by price action because positive US NFP had conflicted with negative US Unemployment Rate. Then we entered our positions. Screenshots posted below shows our exit, entry points and technical analysis.
USD/JPY:
EUR/USD:
