$BTC 🚨 NFP DAY - HIGHEST IMPACT USD NEWS 🚨
Time: Fri Aug 7, 5:30pm PKT
Forecast: 85K | Previous: 57K
3 Big Events at Once:
1. Non-Farm Employment Change
2. Unemployment Rate
3. Average Hourly Earnings
What is NFP?
It measures how many jobs US added. It's the #1 driver of USD.
If ACTUAL > 85K = Strong economy = USD UP = BTC DOWN 📉
If ACTUAL < 85K = Weak economy = Rate cut hopes = BTC UP 📈
This is a HIGH VOLATILITY event.
Expect big moves in BTC, ETH, and USD pairs right after 5:30pm PKT.
What's your trade plan? 👇
#NFP #BTC #USD #CryptoNews #Forex #Trading
Time: Fri Aug 7, 5:30pm PKT
Forecast: 85K | Previous: 57K
3 Big Events at Once:
1. Non-Farm Employment Change
2. Unemployment Rate
3. Average Hourly Earnings
What is NFP?
It measures how many jobs US added. It's the #1 driver of USD.
If ACTUAL > 85K = Strong economy = USD UP = BTC DOWN 📉
If ACTUAL < 85K = Weak economy = Rate cut hopes = BTC UP 📈
This is a HIGH VOLATILITY event.
Expect big moves in BTC, ETH, and USD pairs right after 5:30pm PKT.
What's your trade plan? 👇
#NFP #BTC #USD #CryptoNews #Forex #Trading