NON-FARM PAYROLL REPORT RELEASE AND ITS EFFECT ON THE USD AND USD PAIRS

Good evening traders, I hope you're all doing well and ready for the new trading week. Into the last Non-farm payroll report released on Friday, the US Bureau of Labor Statistics reported that the Total nonfarm payroll employment increased by 263,000 in September and the unemployment rate edged down to 3.5%  from the previous 3.7%. This caused the dollar to gain strength and the dollar index (DXY) became strongly bullish, rallying from 109.960 and closing the week at 112.570 amid showing potential continuation of the bullish run into the coming weeks as I anticipate a rally back to the highs of 114.300 and supply level at 114.660 & 114.116 which is the origin of the previous drop to 109.960.
The dollar strength caused all USDXXX pairs to strongly rally eg. USDCAD, USDCHF, USDJPY etc and all XXXUSD pairs to strongly decline eg. EURUSD, GBPUSD, AUDUSD, NZDUSD etc.
This also caused a strong drop in gold (XAUUSD) and the US indices markets which are Nasdaq (NAS100), Dow Jones (US30) and S&P 500 (US500).


DOLLAR INDEX H1



XAUUSD H4



NAS100 H1



USDCAD H1




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