Skip to content 
Instrument: US100
Technical Analysis
Bullish Preference:
Buy position is envisaged if price trades above 13546.16 with take profit at 13562.97.
Bearish Preference:
Sell position is envisaged if price trades below 13503.43 with take profit at 13484.52.
Fundamentals:
12:00pm USD Fed Chair Powell Speaks
1:30pm USD Average Hourly Earnings m/m
USD Non-Farm Employment Change
USD Unemployment Rate
Comment: U.S. stocks ended lower on Thursday, with tech shares dragging on the Nasdaq Composite, as investors balanced concerns about inflation and the Federal Reserve reining in stimulus with relief about corporate tax hikes. A better-than-expected U.S. weekly unemployment report and private payrolls numbers for May pointed to strengthening labour conditions, ahead of the closely watched U.S. payrolls report due on Friday. A measure of service sector activity increased to a record high.
Analysis: SCRUM Team
