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The U.S. economy added 228k jobs in March, well above the consensus forecast of 140k. Payroll figures for the prior two months were revised lower by a total of 48k jobs. For the first quarter, payrolls gained 456k, down from Q4-2024’s 656k pace. Private payrolls rose 209k – well above February’s 117k – with the […]

The post US: Payrolls Jump in March, While Unemployment Rate Ticks Up to 4.2% appeared first on Action Forex.

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11/02/2025

Gold Wave Analysis

Gold broke resistance area Likely to rise to resistance level 2950.00 Gold continues to rise strongly after the earlier breakout of the resistance area located between the key resistance level 2878.00 (which stopped the price at the start of February) and the resistance trendline of the daily up channel from the start of this year. […]
28/01/2025

Nikkei 225 Wave Analysis

Nikkei 225 fall inside sideways price range Likely to fall to support level 38025.00 Nikkei 225 index recently reversed down from the strong resistance level 40285.00 (upper border of the tight sideways price range inside which the pair has been moving since October) standing close to the upper daily Bollinger Band. The downward reversal from […]
14/12/2023

A Hawkish BoE Followed by An Uneventful ECB Announcement

The Bank of England and the European Central Bank both left rates on hold on Thursday but unlike following the announcement of their counterparts in the US, there were no fireworks. Of course, it’s worth noting that the press conference is yet to happen so fireworks may fly when President Lagarde speaks but the announcement […]