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U.S. Weekly Jobless Claims Climb More Than Expected

2024-07-16 4358

(fxcue news) - A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits climbed by much more than expected in the week ended July 13th. The Labor Department said initial jobless claims rose to 243,000, an increase of 20,000 from the previous week's revised level of 223,000. Economists had expected initial jobless claims to edge up to 230,000 from the 222,000 originally reported for the previous week. The report said the less volatile four-week moving average also crept up to 234,750, an increase of 1,000 from the previous week's revised average of 233,750.

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U.S. Weekly Jobless Claims Climb More Than Expected

Renewed Selling Pressure Expected For Indonesia Shares

No Help Yet For Taiwan Stock Market

U.S. Weekly Jobless Claims Climb More Than Expected

China Shares May Open Under Pressure On Friday

Soft Start Expected For Hong Kong Stock Market

Philly Fed Index Jumps Much More Than Expected In July

Sensex

Please sign in

Trader

Buy more near the opening of gold at around 2606, lose 2598, look at 2620, 2626; Short selling is available near 2647 first!

Gold trading: 2615 short selling, loss 2624, take profit 2593

Gold short selling stop loss...

Today's gold trading strategy 1: Buy long until it falls back to around 2589, lose 2582, look short around 2615, target 2620-25; Strategy 2: Short sell when the rebound reaches around 2625, with a loss of 2633. Short look around 2590, with a target of 2560.

Sell near spot gold 2604, protect 2614, target 2582-2570; Break through holding;

Gold bought more at 2590 in the morning session of the Asian market today, 2585, with a target of 2610.

Short term focus on the resistance line of 70.5-71.0 above crude oil, and short-term focus on the support line of 68.0-67.5 below.

Today's short-term operations in gold are mainly focused on rebound short selling, supplemented by buy long during pullbacks. The short-term focus above is on the resistance line of 2605-2610, while the short-term focus below is on the support line of 2575-2570.

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U.S. Weekly Jobless Claims Climb More Than Expected

Renewed Selling Pressure Expected For Indonesia Shares

No Help Yet For Taiwan Stock Market

U.S. Weekly Jobless Claims Climb More Than Expected

China Shares May Open Under Pressure On Friday

Soft Start Expected For Hong Kong Stock Market

Philly Fed Index Jumps Much More Than Expected In July

Sensex

Please sign in

Trader

Buy more near the opening of gold at around 2606, lose 2598, look at 2620, 2626; Short selling is available near 2647 first!

Gold trading: 2615 short selling, loss 2624, take profit 2593

Gold short selling stop loss...

Today's gold trading strategy 1: Buy long until it falls back to around 2589, lose 2582, look short around 2615, target 2620-25; Strategy 2: Short sell when the rebound reaches around 2625, with a loss of 2633. Short look around 2590, with a target of 2560.

Sell near spot gold 2604, protect 2614, target 2582-2570; Break through holding;

Gold bought more at 2590 in the morning session of the Asian market today, 2585, with a target of 2610.

Short term focus on the resistance line of 70.5-71.0 above crude oil, and short-term focus on the support line of 68.0-67.5 below.

Today's short-term operations in gold are mainly focused on rebound short selling, supplemented by buy long during pullbacks. The short-term focus above is on the resistance line of 2605-2610, while the short-term focus below is on the support line of 2575-2570.

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