NFP is one of the most awaited American indicators. However, it seems to be overshadowed by recent events including rising inflation and the commodity crisis.
Webinar "Trading without indicators. Part 1"
Although technical indicators possess certain advantages, they have drawbacks as well: the indicators often lag the price and produce false signals. As a result, many traders prefer to trade using nothing but price action.
This week is likely to be pivotal for many assets, including gold, USD, and several stocks. However, we need to be focused and react fast to the ever-changing environment to get the most from it.
This week, the majors will be affected by the interest rate decision by the Federal Reserve, NFP, the BOE Meeting, and more events.