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US Jobs Data Ahead USCDAD traders in for a treat today with data on both sides of the border set to drive action. First we have the ADP employment number which will attract plenty of attention ahead of the coming NFP data on Friday. Following a drop in employment figures over the prior month, US […]

Bitcoin Rally Continues Bitcoin prices were seen breaking out to fresh YTD highs yesterday as the market continues to swell in demand ahead of anticipated spot Bitcoin ETF approvals next month. While the SEC was recently seen delaying its decision on current applications until January 2024, on the back of recent developments with Grayscale, the […]

The primary currency pair fell on Tuesday. The current EURUSD exchange rate stands at 1.0760. Fans of the US currency are closely monitoring the US labour market statistics for November. The first data released yesterday was weak. ADP employment change figures increased by 103,000, while a rise of 130,000 was expected. The figure saw a […]

The British pound sterling has dropped noticeably against the US dollar. The current GBPUSD exchange rate stands at 1.2549. The main reason for GBP’s decline is the incredible strength of the US dollar. Yesterday, the US released the ADP private payrolls for November, and the dollar managed to ignore weak statistics. This happened because a […]

The yields on US Treasury bonds hit a local minimum on Tuesday following the release of JOLTS data on job vacancies: The 10-year bond yield dropped by approximately 5 basis points after October’s job vacancy data revealed a more significant decline in labor demand than expected. The number of job openings fell from 9.35 million […]

Title:EURUSD H4 | Bullish Bounce? TypeBullish Bounce Preference:The price is falling toward our pivot point of 1.0754, which serves as a pullback support level that aligns with the 161.8% Fibo extension A bounce from this point could lead the price to rise to the 1st resistance at 1.0830, an overlap resistance. Alternative scenario:However, if the […]