The US unemployment report for August showed modest job growth, a slowdown in wage growth, and a relatively sharp jump in the unemployment rate, all clear signs that the US labor market is normalizing. It’s challenging to expect inflation to accelerate in this context, so the likelihood of the Federal Reserve raising interest rates in […]
TitleUS30USD H1 | Bearish reaction off 78.6% fibo? TypeBearish Reversal Preference:Price is approaching our pivot point at 34910.6, which is a swing high resistance, aligning with the 78.6% fibo retracement and 78.6% fibo projection. If price closes below our pivot point, then we can expect price to fall to the 1st support at 34691.1, which […]
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