Instrument: US100
Technical Analysis
Bullish Preference:
Buy position is envisaged if price trades above 12841.74 with take profit at 12866.37
Bearish Preference:
Sell position is envisaged if price trades below 12757.32 with take profit at 12734.14
Fundamentals:
1:30pm USD Average Hourly Earnings m/m
USD Non-Farm Employment Change
USD Non-Farm Employment Change
Comment:
U.S. equity futures fluctuated, although losses were smaller compared to Thursday’s slide of more than 3.5% in the S&P 500 index and 5% in the Nasdaq 100 gauge. Australian debt fell after U.S. Treasuries fell and the U.S. 10-year yield climbed above 3%, while the dollar remained near the $103 mark.
Analysis: SCRUM Team