Market Sensitivity Ahead: Key Levels to Watch Amid NFP Release
Technical Analysis
The price has declined and stabilized within a bearish zone after breaking a strong support level at 2,758.
Today’s session is expected to be sensitive due to the release of the NFP and Unemployment Rate data.
Bearish Scenario: The price appears set to retest 2,758 before resuming a bearish trend toward 2,738 and 2,712.
Bullish Scenario: Alternatively, a 4-hour candle close above 2,758 would signal a potential bullish move, with targets at 2,775 and 2,788.
Key Levels:
Pivot Point: 2758
Resistance Levels: 2764, 2775, 2790
Support Levels: 2738, 2712, 2695
Trend Outlook:
Above 2758: Uptrend
Under 2758: Downtrend
The price has declined and stabilized within a bearish zone after breaking a strong support level at 2,758.
Today’s session is expected to be sensitive due to the release of the NFP and Unemployment Rate data.
Bearish Scenario: The price appears set to retest 2,758 before resuming a bearish trend toward 2,738 and 2,712.
Bullish Scenario: Alternatively, a 4-hour candle close above 2,758 would signal a potential bullish move, with targets at 2,775 and 2,788.
Key Levels:
Pivot Point: 2758
Resistance Levels: 2764, 2775, 2790
Support Levels: 2738, 2712, 2695
Trend Outlook:
Above 2758: Uptrend
Under 2758: Downtrend
Trade closed: target reached
Update
New Update
The price dropped about 25$ and...
It is still bearish because it already stabilized at the bearish zone by closing the candle under 2738 The next bearish target will be 2712 and 2700
my free signals channel telegram
t.me/Srosh_signals
~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h
t.me/Srosh_signals
~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h
my free signals channel telegram
t.me/Srosh_signals
~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h
t.me/Srosh_signals
~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h
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.