Table of Contents

You may also like:

Jobs Friday is coming!

Yes, this Friday we are having one of the most important reports for the US Economy and the World as well!

The question is:

How many jobs were added in April, considering Government and Private Sector, in the US?

The number is important because it gives investors a view if the Economy is getting stronger or weaker.

Above forecast = Stronger Economy = Dollar historically goes positive

Below forecast = Weaker Economy = Dollar historically goes negative

What Happened last month:

U.S. Firms Added Most Workers in Nine Months in April, ADP Says


EUR/USD: Techs lean bearish ahead of US non-farm payrolls

EUR/USD will likely revisit the recent low of 1.1110, as suggested by technical charts, if the US non-farm payrolls and more importantly, the wage-price inflation, scheduled for release at 15:30 today, blows past expectations.

Ahead of the Fed, the EUR/USD could take cues from German Bundesbank President Weidmann’s speech (due at 11:00 GMT) and the preliminary Eurozone consumer price index for April, scheduled for release at 12:00 GMT.

Pivot- 1.1170

Short below 1.1210 with targets 1.1110 & 1.1085 in extension.

Number of Lots:
Required Margin:
Risk Management (200%):
Potential Profit / Loss @ 1.1110
€ 3,333.33
€ 6,666.67
€ 528.00
€ 16,666.67
€ 33,333.33
€ 2,640.00
€ 33,333.33
€ 66,666.67
€ 5,280.00
€ 83,333.33
€ 166,666.67
€ 13,200.00
€ 166,666.67
€ 333,333.33
€ 26,400.00

Price of Gold Fundamental Daily Forecast – Could Break Sharply if Payrolls Jump Above 210K

Non-Farm Payrolls are estimated to have risen 180k. The unemployment rate is expected to come in unchanged at 3.8% and Average Hourly Earnings are expected to have risen 0.3%.

Unless there is a huge miss to the downside in the U.S. Non-Farm Payrolls for April, there should be little in the news that could boost gold prices

Pivot -1272.20

Short below 1278.80 with targets 1261.19 & 1256.16 in extension.

Number of Lots:
Required Margin:
Risk Management (200%):
Potential Profit / Loss @ 1261.19
€ 2,839.73
€ 5,679.46
€ 491.52
€ 5,679.46
€ 11,358.93
€ 983.04
€ 28,397.32
€ 56,794.64
€ 4,915.18
€ 56,794.64
€ 113,589.29
€ 9,830.36
€ 113,589.29
€ 227,178.57
€ 19,660.71

Risk Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.28% of retail investor accounts lose money when trading CFDs with this provider. The information contained in this market review should not be construed in any way, as containing investment advice and/or a suggestion and/or solicitation for any trading activity and financial transaction. There is no guarantee and/or prediction of future performance. EuropeFX, its affiliates, agents, directors or employees do not guarantee the accuracy and validity of any information or data made available and assume no liability as to any loss arising from any investment based on the same. Trading Forex/CFD’s carries a high level of risk and can result in the loss of your whole investment. Forex/CFD’s are leveraged products and therefore Forex/CFD’s trading may not be appropriate for all investors. It is recommended that you do not invest more money than you can afford to lose to avoid significant financial problems in the case of losses. Please make sure you define the maximum risk acceptable for yourself.


MAXIFLEX LTD, is a Cypriot company with a registration number HE327484, which is licensed by the Cyprus Securities and Exchange Commission (Cysec) under license number 258/14 (“the company”).
The company provide services to residents of the European Union area via its website (“the website”).
The website contains information that can be associated with E.U. guidelines and regulations.
By dismissing this pop up or pressing the “cancel” button, you agree to the terms and conditions of website and confirm that you have read and understood this notice.
If instead, you would like to visit our Australian website please proceed by clicking on ‘continue’.
Should you click on ‘cancel’, you will remain in the website.”

eFXGO! Official iOS Mobile App Free • available on app store