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
DAX trading on ATH levels waiting breako...
October 28, 2024
Market Insights
Gold Surges to Record Highs as Investors...
April 19, 2025
Market Insights
NASDAQ made a Doji on daily chart
February 13, 2025
Market Insights
Gold soars to unprecedented highs driven...
April 21, 2025
Market Insights
USDJPY sustaining on daily support level
November 26, 2024
Market Insights
Headline: Gold Suffers Sharp Pullback as...
May 12, 2025
Market Insights
