The following is AtoZ Magic Forex Trading Strategy analysis for three major currency pairs EURUSD, GBPUSD and AUDUSD. See below for Magic Forex trade setups into NFP.
2 December , AtoZForex – Today we have market entries along with pivot points for three currency pairs.
Magic EURUSD trade setups into NFP
Based on today’s AtoZ Magic Forex Trading Strategy analysis we saw bearish price developments for this pair today. However, our previous order hit our target of +56pips. Therefore, we have NFP announcement today traders need to be cautious.
Today’s Pivot points and trade setups for EURUSD are as follows:
R1: 1.06915, R2: 1.0722, R3:1.07755
S1: 1.06075, S2: 1.0554, S3: 1.05235
Fx Pending BUY LIMIT @ 1.0525 With Stop Loss: 1.0485 and Take Profit: 1.0590
Fx Pending SELL LIMIT @ 1.0770 With Stop Loss: 1.0815 and Take Profit: 1.0725
Magic GBPUSD trade setups into NFP
According to AtoZ magic Forex Trading Strategy we saw strong bullish price developments yesterday. However, the pair rebound from 1.2695 level. Hence, we have bullish trend for this pair. However, though our custom stochastic is bearish. Therefore, I don’t recommend any position for this pair today.
Today’s Pivot points and entry levels for GBPUSD are as follows:
R1: 1.26897, R2: 1.27894, R3: 1.28834
S1: 1.2496, S2: 1.2402, S3: 1.23023
Magic AUDUSD trade setups into NFP
For today’s AUDUSD AtoZ magic Forex Trading Strategy we expect the pair to continue upward. As we can see our custom stochastic indicator is bullish. However, we can expect the pair to rebound from R3 level and continue downwards. Therefore, we expect high volatility during NFP announcement and I don’t recommend any position.
Today’s Pivot points and entry levels for AUDUSD are as follows:
R1: 0.74338, R2: 0.74535, R3: 0.74855
S1: 0.73821, S2: 0.73501, S3: 0.73304
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