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Analysis of EUR/USD & USD/JPY after NFP by Keon Consultancy

Writer's picture: KeonConsultancy.comKeonConsultancy.com

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:

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EUR/USD:

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2 comments

2 Comments


Anand Dubey
Anand Dubey
Feb 12, 2020

Similar upward retracement to upside in EUR/USD is still expected from the latest low, so holding on to buy with one more buy position.

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Anand Dubey
Anand Dubey
Feb 12, 2020

Target of sell of EUR/USD was hit.

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