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WILL THE MARKET SWITCH DIRECTION TODAY AFTER NFP RELEASE?

News Date: 3/10/2014 04:31:27
 

US nonfarm payrolls (NFP) report will show today the situation of the American Labor market. Today we will see the true strength of the American economic recovery and in case we got a weak number the market might switch direction by affecting all major currency pairs and we expect to see volatility on charts.

Eyes will be today on gold chart as the price is retesting 1206 for the 3rd time, and in case NFP news came good we might see a fast dive hitting 1180 or going under it a bit before the market push up, or in case the NFP number came good we might see volatility as a dive under 1200 before gold price find stability.   

Provided By Fxhighway 

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