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Nasdaq Composite Technical Analysis

The latest Non-Farm Payrolls (NFP) report has beat expectations, extending its impressive winning streak to 14. However, upon closer examination, we discover some aspects that are not as positive. The unemployment rate experienced its largest increase since the pandemic, rising from 3.4% to 3.7%. Additionally, there was a slight decline in average weekly hours, which could indicate the possibility of potential layoffs. Overall, the report presented a diverse set of results, allowing everyone to... Read More

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Content Topics

Nasdaq

Composite

Technical

Analysis

Forex

Posted: Jun 8 2023, 12:03

Author Name: forexlive

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