Technical Analysis: New All-Time Highs and NFP Implications
Today's Outlook:
The price has recently surged past previous high levels, trending towards a new all-time high around 20410. A retest of this level might occur, potentially driving the price down to 20100. However, today's Non-Farm Payroll (NFP) announcement is expected to significantly impact market movements.
Bearish Scenario:
For a bearish trend to be confirmed, the price must break below 20100 and stabilize with a 4-hour candle close beneath this level. This could lead to further declines towards 19845 and potentially 19625.
Bullish Scenario:
As long as the price remains above 20100, the bullish trend is likely to continue, targeting 20410 and 20540. There is also a possibility of a retest down to 20100 before resuming the upward movement.
Key Levels:
Today's Outlook:
The price has recently surged past previous high levels, trending towards a new all-time high around 20410. A retest of this level might occur, potentially driving the price down to 20100. However, today's Non-Farm Payroll (NFP) announcement is expected to significantly impact market movements.
Bearish Scenario:
For a bearish trend to be confirmed, the price must break below 20100 and stabilize with a 4-hour candle close beneath this level. This could lead to further declines towards 19845 and potentially 19625.
Bullish Scenario:
As long as the price remains above 20100, the bullish trend is likely to continue, targeting 20410 and 20540. There is also a possibility of a retest down to 20100 before resuming the upward movement.
Key Levels:
- Pivot Line: 20220
- Resistance Levels: 20400, 20540, 20750
- Support Levels: 20100, 19960, 19625
Today's Expected Range:
The price is expected to fluctuate between the support at 19625 and the resistance at 20540.
NFP Scenarios:- Previous Result: 272K
- Expectation: 191K - If the NFP release is less than 191K, the indices are likely to follow a bullish scenario. Conversely, a result exceeding 191K, particularly around 250K, would likely lead to a bearish scenario.
In summary, today's market direction will be heavily influenced by the NFP results and the key price levels outlined. Monitoring these factors will be crucial for navigating the day's trading volatility.
註釋
The price reached our targets perfectly and still running
Technical analyst focused on gold, indices, and forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
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Technical analyst focused on gold, indices, and forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。