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Join us!!! Conan community!!!!!
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๐ฅ On H1, #Bitcoin broke through the bullish flag and retested it, with the 100-MA adding additional support for the asset. ๐ผ If #BTC consolidates above 118300, the upside will begin! ๐ฏ Target 1: 120000. Hit โค๏ธ if you agree!!!
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โก๏ธUS NFP RELEASEโก๏ธ ๐บ๐ธ Average Hourly Earnings m/m: Actual โ 0.3% Expected โ 0.3% Previous โ 0.2% ๐บ๐ธ NFP m/m: Actual โ 73K Expected โ 106K Previous โ 147K ๐บ๐ธ Unemployment Rate: Actual โ 4.2% Expected โ 4.2% Previous โ 4.1% ๐ตUsDollar is falling! Are you in?๐
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#TrumpTariffs ๐ค The US will impose new tariffs ranging from 10% to 41% on dozens of countries starting August 7. Nations facing the highest rates include Syria, Myanmar, Switzerland, Iraq, Serbia, and South Africa. FT: Trump ignites a global trade war with sweeping new duties. ๐ข Eight OPEC+ countries will increase oil production in August by more than 500,000 barrels per day, adding pressure to prices. XBRUSD declines to 71.51. ๐ Historically, US stocks start weakening in August, with peak selling by mid-September (BofA). Goldman notes August sees the highest fund outflows of the year. US500 declines to 6320. ๐ Amazon shares dropped to 234.17 in late trading after the company forecast weaker-than-expected operating profit and lagged behind competitors in cloud computing growth. ๐ฅ Total investment in gold bars and coins rose 11% year-on-year to 307 tons, driven largely by Chinese investors who boosted their holdings by 44%. XAUUSD trades at 3291. #MarketNews
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