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Unemploymentrate

Either which way for NZD/USD - its all on 13:30!!!!NZD/USD have been locked in a titanic battle for control of this chart for the last 8 hours or so. Technically we should break south to relieve overbought conditions on H1 timeframe but with the key Non-Farm Payrolls and Unemployment Rate out of the USA due at 13:30 GMT, this pair ain't goin' nowhere for 3 hours. The risk it has to be said is that the numbers which will be the worst on record will miss target and be worse than expected. This could induce heavy dollar selling but if the numbers come in as expected we could see a USD bounce. I'm positioned SHORT because of the technicals but I have an ultra tight STOP which will be tightened more before 13:30. This could be very interesting!
by theforexportal
Euro LONG - Supply & Demand + Correlation PlayOverview: There is an ADP Non-Farm Employment Change report tomorrow at 5:15am PST which is expected to have a high impact on the US Dollar. We all know how unemployment has been recently - the worst the world has seen since the Great Depression. We are also entering the extremes of the range on the Euro and US Dollar, providing a high probability opportunity for a reversal. EU Economic Forecasts will be released at some point tomorrow as well which could accelerate price into our zones. Analysis: To determine the area of entry I've used a combination of supply and demand analysis, multiple time frames, and candlestick analysis. Candlestick structure was found on the higher time frames, and risk was minimized by finding structure in the lower time frames. Set Up: This trade will have a risk of $125/contract and potential profit of $468.75/contract. If demand forms as price moves away from our zone, a manual trail stop will be moved below demand zone with a buffer to lock in profits. Target may be moved to let the trade run depending on market conditions tomorrow and if significant demand forms as price leaves zone. Target: 1.08440 Entry: 1.08065 Stop: 1.07945 If price falls below this zone, there will be a second opportunity for a long entry at 1.07580-1.07390 . This should provide an ever greater probability and higher profit potential.
CME:6E1!Long
by jaydtrades
S&P500 Does Unemployment rate point to a Dotcom/ Subprime CRASH?Following the attention that my recent Dow Jones/ S&P500 ideas got (you can find both at the bottom of this study) in relation to a potential market crash, I thought it would be a good time to look look at how the stock markets (S&P on this particular study) went by in times of sharp increase on the Unemployment Rate. ** Before we start, please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** Since 1970 every sharp rise on the Unemployment Rate has resulted in a sharp stock market crash with the exception of 2 times. In total we've had 8 sharp rises on the Unemployment Rate, 6 resulted into a strong market crash and 2 had stocks unaffected (even rose). At this point I want to bring forward the fact that during the last two Bear Markets (Dotcom, Subprime), the Unemployment Rate crossed above its MA50 (see the chart that follows). That is something it has already done this time. Does this mean that we have just initiated a new Bear Market similar to that of the Dotcom and Subprime market crashes? I am very interested in reading your opinion on the matter. Feel free to share your work and let me know in the comments section! Please like, subscribe and share your ideas and charts with the community! * Related ideas on S&P and Dow Jones:
TVC:SPX
by TradingShot
24
The Ethereum is money of the futureAt the monday we will check the unemployment rates and it will be high. The first week will be almost calm, but when the people will see the government can't do anything with it or release carantine from the economy - it will produce new wave of COVID sick and new panic wave at the finance sector. The highest pick of COVID would be at the middle of the may. Also BITCOIN hardfork, and the planning Berlin hardfork at ETH Summer 2020. All this point soon fall of the eth after the little growth in the correlation of the bitcoin. I think the whales will take their positions at 50-60$ per ETH Be calm, save your money, keep bright
Long
by lexxstorm
8
Unemployment Rates and Economic TrendsUnemployment graph since 1950. Drastic highs and lows from business layoffs spurring economic crashes. Each trough puts in motion an economic recession. A healthy economy has an unemployment rate of 4.5%. Below or above that range is considered unhealthy. We are currently in the longest unemployment decrease in history. I think currently the US economy is recognizing an exhausting expansion. An 11 year expansion since the 2008 recession. Economies are like stocks, consisting of waves. With the FEDs regulating the buying and selling of bonds to offset inflation and deflation, attempting to control economic rollercoasters. This is only an idea but a downward shift will come, the question is when. Disclaimer: Unemployment rate does not count anyone not looking for work, which is probably higher today than in US history. One cause for the low unemployment rate.
FRED:UNRATE
by quantacake
Initial Claims updateNo MA cross included here, just an update on current Initial claims direction. We're still ticking upward more, haven't yet received confirmation, but starting to look like we'll get some momentum in the unemployment rate. Once that gets going, it's game over for the economy. We're getting more and more updates of corporate layoffs recently, but wait on data to confirm. FWIW, initial claims is a great series to watch, and is better than the straight unemployment rate because it's... Higher frequency Not affected by the volume of people out of the workforce Not affected by average hourly work week differences from month to month
FRED:ICSAShort
by GTStockmaster