Market news:
U.S. June employment data: ADP employment fell by 33,000 in June, the largest drop since March 2023; Challenger layoffs in June were 47,999, the lowest since December 2024; interest rate futures almost fully priced in the Fed's September rate cut.
Technical analysis:
Today's buy boundary:
66.00
Support and resistance levels:
68.24
67.40
66.86
65.14
64.60
63.76
Trading strategy:
If the price breaks through 66.86, consider buying, with the first target price of 67.40
If the price breaks through 66.00, consider selling, with the first target price of 65.14
U.S. June employment data: ADP employment fell by 33,000 in June, the largest drop since March 2023; Challenger layoffs in June were 47,999, the lowest since December 2024; interest rate futures almost fully priced in the Fed's September rate cut.
Technical analysis:
Today's buy boundary:
66.00
Support and resistance levels:
68.24
67.40
66.86
65.14
64.60
63.76
Trading strategy:
If the price breaks through 66.86, consider buying, with the first target price of 67.40
If the price breaks through 66.00, consider selling, with the first target price of 65.14
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.