Discussion Forum for trading analysis, help, signals and trading

Discussion Forum for trading analysis, help, signals and learning how to trade. Chat with other traders , post analysis, trades and ask questions. This is the public part of my website. For more in-depth discussions please consider joining to chat with other members

Forum Navigation
Please or Register to create posts and topics.

NFP Friday with 180k forecasted | 7650 7616 7597 support | 7699 7740 resistance

Nick@ht-admin
#1 · 2nd February 2024, 10:10 am

Technical analysis for FTSE 100 for 2nd February 2024

The US bulls fought back well yesterday and the FTSE100 defined the drops down towards the 7600 level. As expected rates remained at 5.25% and again as mentioned yesterday, the outlook doesn't infer cuts anytime soon. Overnight the bulls have held on still, ahead of NFP later at 1330. The forecast is 180k, along with the unemployment rate ticking up to 3.8%.

READ MORE

Click for thumbs down.0Click for thumbs up.0
Last edited on 2nd February 2024, 10:12 am by Nick