Shezuka trading discussion The US labor market data for May turned out to be significantly unexpected – nonfarm Payrolls in the US rose 272,000 in May (forecast was +185,000), average hourly earnings rose by 0.4% (previous month +0.2%), and the...
As investors eagerly await the outcome of the upcoming Organization of the Petroleum Exporting Countries (OPEC) meeting, scheduled alongside key allies like Russia, the global oil market braces itself for potential shifts in production dynamics....
Several macroeconomic events are scheduled for Tuesday, all of which will be released in the United Kingdom. Traders now look to the release of the data on unemployment, unemployment claims, and the average wage change. We believe that the wages...
Gold Price Signals The behaviour of gold prices is currently our topic. On the first day of the week, gold experienced a pullback towards the resistance level 2321. This pullback was expected at the market's opening, although there was also a chance...
On June 10th, 2024, the GBP/USD currency pair experienced a decline during the Asian trading session, indicating significant selling pressure in the market. This decline continued until it reached an important support level at 1.26871. However,...