The US created 209,000 jobs in July, job growth in June was revised higher (+ 9k) to 231k.

The unemployment rate fell to 4.3%, which corresponds to the minimum set in May. Nevertheless, the figures are not enough for FOMC to change its position.

EURUSD - despite strong data, bulls retain positions in the pair. EURUSD continues to look bullish despite strong data, the uptrend is still strong, the pair easily overwrote the previous local maximum. New mark was designated - level 1.1910. The next key resistance is far away: the pair broke out into "operational space", as we wrote earlier the nearest historical level of resistance is in the area of ​​1.20, and more precisely, it is the region 1.2045. Now the couple have enough space to keep moving higher. You can search for any rollback to enter with close stops. Strategic support is located at levels 1.1711, 1.15. AUDUSD - The Australian dollar corrected immediately after the data, however, the upward trend is maintained. Support area 0.7905-0.7880. Last week the Australian received another impulse of growth. Against this background, the price closed over a large trading range, which has been trading for more than a year. This week 0.7875-0.7880 is a short-term support zone. The next key resistance area is about 0.8160 the recent local maximum. Gold was sold amid stronger US labor data . Gold was gaining throughout the week, price closed above resistance levels 1245 and 1260, showing that the bulls were clearly controlling the situation. However the correction was on the way and today the market moved to correction against the background of published data on the labor market in the United States. While gold is above the levels of 1244, the bullish upward trend in the market remains. This trading analysis is for informational purposes only and is not intended to be a strict recommendation for action or an offer for the purchase or sale of any currency, future or stock. Publishing the information we do not try or to attract any funds or deposits. We share our analytical view of current market situation and we don’t have any open position in instruments discussed and no plans to open any positions. Any person considering this research should carefully consider the risks associated with this and the level of trading experience.