The holiday is over, let’s not talk about the previous rise, hindsight is meaningless! I haven’t been keeping track of it during my recent break, so I’ll briefly talk about what I’ve seen so far this week.
The U.S. system has a strong trend (USD index + U.S. debt). There are many macro events this week. Economic data will be released starting tonight. There are also many Federal Reserve officials speaking this week, and there are more hawks.
In terms of data, there is a US August JOLTs job vacancy at 22:00 tonight. If you already know what this data means, I won’t go into details. The data are closely linked, so just know this.
On Wednesday, ADP, service industry PMI, manufacturing PMI, factory orders and EIA, these data all have the momentum to promote the further rise of the US dollar. The EIA forecast of -9.2 is a bit malicious to suppress oil prices. After all, the oil price is too high for the elderly. Beautifully painful.
The number of corporate layoffs and initial jobless claims on Thursday were not expected, and are expected to be more positive for the US dollar. The reason for not giving expectations is that the market will reflect this probability after the previous data is released.
The focus is on Friday’s unemployment rate and non-farm payrolls, with the unemployment rate expected to be 3.7 and non-farm payrolls expected to be 16.3! The unemployment rate is expected to be one point lower than last time, but still higher than June and July. This high level is of no use. I won’t say too much about non-agricultural employment, but focus on whether the announced value is higher than the previous value of 18.7! Again, the same saying goes: When wages fall, inflation will fall. Wages will fall only if unemployment rises. But unemployment is unlikely to rise short of a recession.
” To sum up: Once the economic data released this week is greater than expected, it will inevitably suppress the non-US market (non-USD market). On the contrary, it will promote the rise of the non-US market. In other words, the improvement of economic data + the hawkishness of Fed officials Speech, the currency circle will fall unless the market makers protect the market!
Personal suggestion: This week's operation should focus on defense. If you have profitable long positions, just leave them. Don't give up your children. If the wolf doesn't get caught, it's not worth it. The range pressure of $BTC is 28000/28500. You can choose this range to enter some short positions in batches, which is more cost-effective! 26800/26500 interval support below #美联储是否加息？ #BTC
The U.S. system has a strong trend (USD index + U.S. debt). There are many macro events this week. Economic data will be released starting tonight. There are also many Federal Reserve officials speaking this week, and there are more hawks.
In terms of data, there is a US August JOLTs job vacancy at 22:00 tonight. If you already know what this data means, I won’t go into details. The data are closely linked, so just know this.
On Wednesday, ADP, service industry PMI, manufacturing PMI, factory orders and EIA, these data all have the momentum to promote the further rise of the US dollar. The EIA forecast of -9.2 is a bit malicious to suppress oil prices. After all, the oil price is too high for the elderly. Beautifully painful.
The number of corporate layoffs and initial jobless claims on Thursday were not expected, and are expected to be more positive for the US dollar. The reason for not giving expectations is that the market will reflect this probability after the previous data is released.
The focus is on Friday’s unemployment rate and non-farm payrolls, with the unemployment rate expected to be 3.7 and non-farm payrolls expected to be 16.3! The unemployment rate is expected to be one point lower than last time, but still higher than June and July. This high level is of no use. I won’t say too much about non-agricultural employment, but focus on whether the announced value is higher than the previous value of 18.7! Again, the same saying goes: When wages fall, inflation will fall. Wages will fall only if unemployment rises. But unemployment is unlikely to rise short of a recession.
” To sum up: Once the economic data released this week is greater than expected, it will inevitably suppress the non-US market (non-USD market). On the contrary, it will promote the rise of the non-US market. In other words, the improvement of economic data + the hawkishness of Fed officials Speech, the currency circle will fall unless the market makers protect the market!
Personal suggestion: This week's operation should focus on defense. If you have profitable long positions, just leave them. Don't give up your children. If the wolf doesn't get caught, it's not worth it. The range pressure of $BTC is 28000/28500. You can choose this range to enter some short positions in batches, which is more cost-effective! 26800/26500 interval support below #美联储是否加息？ #BTC