Friday's NFP surprised everyone when job numbers came well above expectations where 288k jobs were added last month plus unemployment rate declined to 6.3%. Despite an upbeat employment numbers USD lost ground against other major currencies after initial bullish reaction. It would be interesting to see how price action unfolds next week, as NFP news event usually create lot of whipsaw price action on the day.

Next week is going to be very volatile, mainly due to ongoing geopolitical concerns in Ukraine, plus interest rate decisions from Australia, Europe & U.K. would be now in focus. Market consensus expects Euro monetary policy to remain steady as recovery unfolds and U.K. economy is leading the way. I will review charts over the weekend and will post my technical analysis in my next blog.

Here is some inspirational stuff for all aspiring traders:

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