Today’s free forex signals service trade is a buy order on the AUD/USD pair. The pair has printed a potential reversal pattern after invalidating further drop. Activating the chart formation indicates that the price could develop a strong upwards movement. Still, we’ll have to wait for confirmation before taking action. The pair has managed to grow as the Dollar Index has slipped lower. It seems surprising that the USD has depreciated after the US Unemployment Claims, ADP Non-Farm Employment Change, and the ISM Services PMI came in better than expected. If you want to join our free forex signals telegram group click through to the page at the link. Get FREE Forex Signals Now! 3 Free Crypto Signals Every Week – Full Technical Analysis US Non-farm Payrolls In Spotlight As you already know, the US is to release its Non-Farm Employment Change later. The high-impact indicator is expected around 490K jobs in September versus only 235K in August. Moreover, the Unemployment Rate could drop from 5.2% to 5.1%, while the Average Hourly Earnings may register a 0.4% in September. As you can see on the h4 chart, the AUD/USD printed a potential Inverse Head & Shoulders pattern. Now, it is located above the neckline, a new higher high could activate the reversal formation and could bring new long opportunities. After its failure to stabilize under the weekly pivot point (0.7249) and after making a new higher high. AUD/USD is somehow expected to resume its growth. Better than expected US data reported today could invalidate the pattern and could signal a new leg down. Automated forex trading is one way to make sure you don’t miss a good trading opportunity – read out comprehensive guide. Free forex signals – BUY AUD/USD at 0.7337 Free forex signals entry price and take profit Instrument: AUD/USD Order Type: BUY STOP Entry price: 0.7337 Stop Loss: 0.7268 TP1: 0.7477 My Risk: 1% Risk / Reward Ratio: 1:2 Looking to trade forex now? Invest at eToro! Trade Forex Now! 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Olimpiu Tuns Olimpiu Tuns Olimpiu Tuns graduated with a Master in Business Administration and is a seasoned Market Analyst / Trader / Trainer with 10 years of experience in the financial markets having expertise in Forex, Commodities, Index, Cryptocurrencies, and Stocks. He worked as a Market Analyst for three major brokerage companies, as a prop trader, and as a contributor/content creator for news portals and educational platforms. View All Post By Olimpiu Tuns Forex Trading Signals share Read Next GBP/USD Forecast: Breakout Attempt As 1.3561 Pivot Point Holds Olimpiu Tuns 7 months Today's free forex signals service trade is a buy order on the AUD/USD pair. The pair has printed a potential reversal pattern after invalidating further drop. Activating the chart formation indicates that the price could develop a strong upwards movement. Still, we’ll have to wait for confirmation before taking action. The pair has managed to grow as the Dollar Index has slipped lower. It seems surprising that the USD has depreciated after the US Unemployment Claims, ADP Non-Farm Employment Change, and the ISM Services PMI came in better than expected. If you want to join our free forex signals telegram… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
