Market News Today – The markets characterized the May US jobs report as Goldilocks –neither too hot, nor too cold. Indeed it was just right for bond and stock bulls.... Read more

Trading is simple. Pick one of two options, up or down, buy or sell. If you could get it right, then you would earn some profit. If you are lucky,... Read more

Introduction to the Auto Trend Channel Indicator Price Channels are scenarios on the price chart wherein price would oscillate in between two parallel lines, which can either be horizontal, ascending,... Read more

XAUUSD jumped around 1% on Friday, following the Non-farm Payrolls report showing a slight increase in job changes and a lower unemployment rate. The results of the NFP are considered... Read more

USDCAD, H1 US nonfarm payrolls climbed 559,000 in May, falling a bit short of estimates, following increases of 278,000 (was 266,000) in April and 785,000 (was 770,000) in March for... Read more

Numerous labour market indicators are pointing to a solid gain for non-farm payrolls today, however there are still many distortions in the economy. The Dollar rallied yesterday following the strong... Read more

As explained in a recent article, the Canadian Dollar has been experiencing and is expected to continue experiencing an overall bullish movement for more than a year now. The employment... Read more

Market News Today – USD sprang to life after strong ADP (978k vs 645k), Weekly Claims (385k vs 400k) and ISM Services PMI data (64 vs 63). USDIndex has rallied... Read more

Moving averages are the most basic technical indicators available to traders. The most basic of all the moving averages, the Simple Moving Average (SMA), is just an average of the... Read more

Recent US economic data can be used an indicator to help estimate non-farm wage reports in general. This week’s data included record highs on the ISM services index, along with... Read more