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  • Friday 7 June 2019

    The Non-farm Payrolls and The CAD employment

    Last months results were very much easier to predict and trade using our Fundamentals Trading Strategy, but this weeks CAD event is quite difficult to predict its trade direction.

    The CAD employment
    in today's event we will get pretty much likely to experience some price rejections during the event as the forecast given is far from the Previous and the Estimated Average Range which increases the chance of the CAD event resulting in a Rejection.

    The  Dollar (Non-farm Payroll)
    The dollar has shown some great strength last week as we will be looking to see some possible selling on the dollar index as it the results on the calendar show a perfect sell based on our fundamental strategy.

    We believe this article will help you trade fundamentals more profitably this Friday and most importantly always remember to stick to a proper risk management.

    Sifiso Nkwanyana

    Author & Editor

    I hope you have recieved all the information you seek and thank you once more for browsing our website we hope to hear from you soon.


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