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 buying and selling boundaries:
1.1784
Support and resistance levels:
1.1847
1.1823
1.1808
1.1760
1.1745
1.1721
Trading strategy:
If the price breaks through 1.1808, consider buying in, with the first target price of 1.1823
If the price breaks through 1.1784, consider selling in, with the first target price of 1.1760
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 buying and selling boundaries:
1.1784
Support and resistance levels:
1.1847
1.1823
1.1808
1.1760
1.1745
1.1721
Trading strategy:
If the price breaks through 1.1808, consider buying in, with the first target price of 1.1823
If the price breaks through 1.1784, consider selling in, with the first target price of 1.1760
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.