In-Depth Technical Analysis of Major Currency Pairs for the Upcoming Trading Day on July 5

Friday, 5 July 2024, 13:23

This post provides a detailed analysis of key currency pairs - EURUSD, USDJPY, and GBPUSD - highlighting the impact of the latest US jobs report. While government jobs show growth, the private sector performance is subdued, resulting in a mixed outlook for the USD. Readers will gain valuable insights for strategic trading decisions.
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In-Depth Technical Analysis of Major Currency Pairs for the Upcoming Trading Day on July 5

Market Insight:

The US jobs report impact on currency pairs reveals mixed data.

Key Points:

  • Government job growth
  • Weakness in private sector

Conclusion: Traders need to carefully assess the implications of the latest economic data on their FX positions.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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