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 |
The June report
DATE |
ACTUAL |
DEV |
CONS |
07/02/2020 |
4800 |
0.43 |
3000 |
Source: FlowBank / TradingView (August 7, 2020)
The May Report
DATE |
ACTUAL |
DEV |
CONS |
06/05/2020 |
2699 |
15.14 |
-8000 |
Source: FlowBank / TradingView (August 7, 2020)
The April report
DATE |
ACTUAL |
DEV |
CONS |
05/08/2020 |
-20787 |
5.63 |
-22000 |
Source: FlowBank / TradingView (August 7, 2020)
Read our next article: NFP Preview