Bulls & Bears FOREX Academy

U.S. Payrolls Rise Less Than Forecast; Jobless Rate Falls

U.S. Payrolls Rise Less Than Forecast; Jobless Rate Falls Payrolls in the U.S. rose less than projected in January as retailers cut back after the holidays and government hiring fell. The unemployment rate unexpectedly declined to 6.6 percent.

The $23 Trillion Credit Bubble In China Is Starting To Collapse – Global Financial Crisis Next?

The $23 Trillion Credit Bubble In China Is Starting To Collapse – Global Financial Crisis Next? Michael Snyder | Financial institutions all over the world are warning that we could see a "mega default".

A nice bearish inverted hammer on the Daily Chart, with bearish divergence on the RSI on both hourly and 4-hour.

Bullish pattern with an ABCD confirmation and possible oversold RSI.

Bearish Divergence. Market will go down anytime soon. Wait for a pattern or a double top before selling.

Will USD continue its BULLISH streak tonight?

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Don't give up!
Have a great week guys! Godbless..

Non-Farm Payroll later at 9.30pm GMT+8. Take care of your trades. You may want to step back to avoid loss. Get back in trade after volatility.

CADJPY H1, advanced pattern with RSI divergence.

BIAS: BULLISH
Price: 96.779
SL: 96.274
T1: 97.551
T2: 98.128

EURGBP H4, an example of bullish RSI Divergence.

UPDATE EURUSD:
A 5-drive pattern that may reverse exactly at the retest of our trendline.