Weak NFP plus revisions halt the DXY advance [Video]
|In the latest TradeGateHub Live Trading session, a weak Non-Farm Payroll (NFP) report along with downward revisions put a stop to the recent DXY advance. Coach discussed important retracement levels in EUR/USD, offering insight into potential support and resistance zones. He also highlighted the ongoing correlation between USD/JPY and bond yields, emphasizing its relevance for short-term positioning. The session concluded with Coach reviewing key reversal patterns in the SPX and NAS100, signaling potential shifts in market direction.
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