Friday 1 February 2019

Nonfarm Payroll, 1 February 2019

Analysis for NFP, 1 February 2019




From my point of view, USD should go stronger today during NFP annoucement, Why? because it happen today on 1st Feb, thats the first clue. Usually NFP doesnt happen on the 1st day of the month and this is also link to the number itself. If NFP on friday nextweek most probably USD should go weaker against other currencies.

So what to do? you can start SELL now on EURUSD or GBPUSD. Or wait about 15seconds before NFP.

Good luck :)