US30 consolidates in a bearish pennant below 200 SMA, signaling potential for further downside
DOW JONES was down on Monday morning after testing the high level of 44157 in the last trading session as Friday’s weak jobs report showed nonfarm payrolls rose by just 73,000 in July, far below expectations, with prior months revised down by 258,000, pointing to a deeper labor market slowdown. Markets are now nearly fully pricing in a Fed rate cut in September, with over 63 basis points of easing expected by year-end.
Recent News
Dow Jones Struggles Near 45,000 as Beari...
August 19, 2025
Market Insights
Gold Weekly Trading Strategy
October 21, 2024
Market Insights
Dow Jones at Critical Support Bearish Pr...
May 22, 2025
Market Insights
USD/CAD Coils Within Triangle Pattern Ah...
May 20, 2025
Market Insights
Gold Shines Bright Testing ATH Resistanc...
May 24, 2025
Market Insights
GOLD WEEKLY ANALYSIS
December 14, 2024
Market Insights
