Today, the United States released the latest non-farm data. Latest news: U.S. Bureau of Labor Statistics: March non-farm payrolls were revised down from 315,000 to 310,000; April non-farm payrolls were revised down from 175,000 to 165,000. After these revisions, the total number of new jobs in March and April decreased by 15,000 compared with the pre-revision figures. As soon as the news was released, the US dollar index soared, and gold, BTC, etc. plummeted.
From the daily chart, the price is running above the 10-day moving average and the 20-day moving average, which is a complete upward trend. In addition, from the 1-hour chart, as shown by the line I drew, the price is in an upward channel. The current price has fallen to the vicinity of the lower trend line, and it is likely to rebound in the 70800-71000 resistance range.
Next, you can focus on the 70700-71000 range. If the price falls to this range, you can buy. The target is 71600-71800.
The above trading suggestions are for reference only. I will update the market analysis at any time in my guidance.
From the daily chart, the price is running above the 10-day moving average and the 20-day moving average, which is a complete upward trend. In addition, from the 1-hour chart, as shown by the line I drew, the price is in an upward channel. The current price has fallen to the vicinity of the lower trend line, and it is likely to rebound in the 70800-71000 resistance range.
Next, you can focus on the 70700-71000 range. If the price falls to this range, you can buy. The target is 71600-71800.
The above trading suggestions are for reference only. I will update the market analysis at any time in my guidance.
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.