August Non-farm payrolls: EUR/USD Revision

A technical analysis review of the short-term price action on EUR/USD from the past four non-farm payroll days to give us an edge for the Sept 4 release.

The idea is to discover reoccurring patterns of behaviour ahead of the upcoming NFP release.

 

The July report

DATE

ACTUAL

DEV

CONS

08/07/2020 (Jul)

1763

0.04

1600

 

NFP aug 20-1

 

The June report

DATE

ACTUAL

DEV

CONS

07/02/2020

4800

0.43

3000

eur/usd nfp

Source: FlowBank / TradingView (August 7, 2020)

 

The May Report

DATE

ACTUAL

DEV

CONS

06/05/2020

2699 

15.14

-8000

 

eur/usd non farm payrolls

Source: FlowBank / TradingView (August 7, 2020)

 

The April report

DATE

ACTUAL

DEV

CONS

05/08/2020

-20787 

5.63

-22000

eurusd chart nfp

Source: FlowBank / TradingView (August 7, 2020)

 

 

Read our next article: NFP Preview

Related Articles

Non-farm payrolls: EUR/USD trading strategy
Forex

Non-farm payrolls: EUR/USD trading strategy

Technical analysis: Continuation Patterns
Technical Analysis

Technical Analysis Demystified: Continuation Patterns

Technical analysis: Moving Averages
Technical Analysis

Technical Analysis Demystified: Moving Averages

EUR/USD hits 1.20 - euro traders watching EU budget
Forex

EUR/USD hits 1.20 - euro traders fade EU budget drama

bg_nwsletter