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Written by forexwatch on 06 July 2010

This is a Free Forex Signals for Traders trading USDJPY on US ISM Non Manufacturing Composite news release. This Free Forex Signals are generated by Fibonacci Expert Advisors and other Indicators used by forexwatch to monitor the exchange rates of USDJPY.

TadawulFx is providing Online Real Time Free Forex Signals to all Tadawul Fx Live Accounts traders. These Free Forex Signals are posted in the MT4 Trading Platform up to 6 – 7 times every day on GBPUSD, EURUSD, USDCHF,USDJPY. The real time market updates is to assist traders with their trading decisions.

USDJPY Trading News

Last week, 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.

Then on Friday, The Non Farm Payrolls report showed a loss of 125,000 jobs in June, compared to private unofficial forecasts of loss of jobs ranging from 75,000 to 130,000. However, the overall employment situation in the US has improved with the Unemployment Rate unexpectedly dropped from 9.7% to 9.5%.

For today, the Forex Trading News that will likely influence USDJPY trades are:

US ISM Non Manufacturing Composite
The expected reading of this US ISM Non Manufacturing Composite is 55.0 compared to 55.4 for the previous month. There is a drop but it is still above 50 benchmark level.

USDJPY Free Forex Signals

The Free Forex Signals for USDJPY trades is as follows:

USDJPY

OP, SL & TP at YOUR OWN RISKS

Disclaimer: Free Forex Signals

This is a Free Forex Signals. 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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