Instrument: US100
Technical Analysis
Bullish Preference:
A Buy position is envisaged if the price trades above 12775.72 with take profit at 12830.81
Bearish Preference:
A Sell position is envisaged if the price trades below 12513.45 with take profit at 12458.35
Fundamentals:
2:30pm USD Average Hourly Earnings m/m
USD Non-Farm Employment Change
USD Unemployment Rate
4:00pm USD ISM Services PMI
Comment:
A global stock rally, powered by hopes of central banks ending aggressive rate rises, ran into roadblocks on Friday following weak earnings from U.S. tech giants and as U.S. jobs data loomed.
Analysis: SCRUM Team
