Instrument: US100
Technical Analysis
Bullish Preference:
A Buy position is envisaged if price trades above 10866.64 with take profit at 10895.72.
Bearish Preference:
A Sell position is envisaged if price trades below price 10775.41 with take profit at 10756.25.
Fundamentals:
1:30PM USD Average Hourly Earnings m/m
USD Non-Farm Employment Change
USD Unemployment Rate
Comment:
Global stocks rose on Friday for the first time in three days ahead of key U.S. jobs data, as investors took heart from reports China may relax its COVID rules, boosting major currencies against the dollar and prompting a 2% rally in oil.
Analysis: SCRUM Team