Free Forex Signals for Non Farm Payroll
This Free Forex Signals are generated by Fibonacci Expert Advisors and other Indicators used by forexwatch to monitor the exchange rates of USDJPY for the scheduled release of the Non Farm Payroll Report.
Online real time USDJPY Trading Signals are available free to all Tadawul Fx Live Accounts traders. The Trading Signals are posted in mailbox of the MT4 Trading Platform up to 6 – 7 times every day on GBPUSD, EURUSD, USDCHF,USDJPY. The real-time market updates could be of assistance to traders in their trading decisions.
USDJPY Trading News
On Wednesday, June 30, 2010, the US Consumer Confidence Index plunged from 63.3 to 52.9. It is very much far below the expectation of 62. USDJPY plunged as well.
For today, the Forex Trading News that will likely influence USDJPY trades are:
US Non Farm Payroll
The expected reading of this US Non Farm Payroll is -110K compared to 431K for the previous month. There are more Americans losing their jobs in June.
US Unemployment Rate
The expected reading of this US Unemployment Rate is 9.8% compared to 9.7% for the previous month. There is an increase in unemployment.
The Non Farm Payroll Report and the Unemployment Rate consensus are not very favorable for the Dollar.
The Free Forex Signals for USDJPY trades is as follows:
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USDJPY
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Long Position at: 88.20
Stop Loss at: 87.90
Take Profit at: 88.50 / 88.80
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Short Position at: 88.06
Stop Loss at: 88.36
Take Profit at: 87.76 / 87.46
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OP, SL & TP at YOUR OWN RISKS
This is a Free Forex Trading Signals and we must remind you that Forex Trading is a very risky trade. If you decide to trade, kindly note that you trading at your own risks. You Open your Trading Position, Take Profit and place a Stop Loss Order for your trades at Your Own Risks. We hold no responsibility for any losses or damages incurred.
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