​​All eyes on NFP! Non-Farm Payrolls presentation is a peri | fbsonlinetrading

​​All eyes on NFP!

Non-Farm Payrolls presentation is a period of huge volatility for the US dollar. It rises and drops depending on the results. These movements provide traders a wide range of opportunities to succeed. Pay attention to EURUSD! The price dropped to the 100-period moving average at $1.182. Can it stick above or the breakthrough is going to happen? Follow the US NFP announcement at 15:30 MT!

NFP provides information about the number of Americans who found a job in July. According to experts' forecasts, the number will reach 870K. In June the indicator rose by 270K and overperformed the analysts’ predictions by 125K. As usual, if NFP shows greater results than it was predicted, it will strengthen the greenback. Otherwise, the US dollar will fall. Moreover, traders’ attention will be on Average Hourly Earnings today. Greater than forecast is good for the currency.

Which instruments will make the biggest moves today? EUR/USD, GBP/USD, USD/JPY, S&P 500, and gold – are great choices!

Join the NFP live trading session with FBS analyst Nour at 15:00 GMT+3 to trade on the event!