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U.S. Weekly Jobless Claims Unexpectedly Edge Slightly Lower

2025-03-07 1938

(fxcue news) - A report released by the Labor Department on Thursday unexpectedly showed a modest decrease by first-time claims for U.S. unemployment benefits in the week ended March 8th. The Labor Department said initial jobless claims edged down to 220,000, a decrease of 2,000 from the previous week's revised level of 222,000. The dip surprised economists, who had expected jobless claims to inch up to 225,000 from the 221,000 originally reported for the previous week. Meanwhile, the report said the less volatile four-week moving average crept up to 226,000, an increase of 1,500 from the previous week's revised average of 224,500.

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U.S. Weekly Jobless Claims Unexpectedly Edge Slightly Lower

Gold prices hit historic highs again, with bulls targeting above the 3000 mark

Rebound Predicted For China Stock Market

Japanese Market Significantly Higher

FTSE 100 Modestly Lower In Lackluster Trade

Thai Shares May Bounce Higher Again On Thursday

Euro Drops Amid EU-US Trade War Concerns

U.S. Weekly Jobless Claims Unexpectedly Edge Slightly Lower

Gold has hit a new historical high again, with further declines in early trading!

Please sign in

Trader

3.14 Gold crude oil trading strategy: Buy long near 2966 when the gold retraces, defend above 2959 when the target is above 2980/90; Crude oil rebounds near 67.4, short selling, defending 68.2. Target 66/65 first line

Short selling of US crude oil at 67.6, stop loss at 68.1, target below at 66.35, break below at 66 and 65.5

EUR/USD 1.08750 short, stop loss 1.08950, target at 1.08250, break below at 1.08100 and 1.08000-1.07850

Buy long at 33.5 for silver, stop loss at 33.25, target at 33.8 and 34, break at 34.25 and 34.5

Buy long at 2972 gold, stop loss at 2966, target at 2990 and 3000. If you break below, look at pressure at 3012, 3020, and 3034.

Gold 2948 short, stop loss 2958, target 2910;

Buy long near gold 2929, stop loss 2920, take profit 2954;

Buy long at 67.2 US crude oil, stop loss at 66.6, target at 67.9, break levels at 68.5 and 69

EUR/USD 1.09300 short, stop loss 1.09500, target below at 1.08700, break below at 1.08500 and 1.08250

Tags

U.S. Weekly Jobless Claims Unexpectedly Edge Slightly Lower

Gold prices hit historic highs again, with bulls targeting above the 3000 mark

Rebound Predicted For China Stock Market

Japanese Market Significantly Higher

FTSE 100 Modestly Lower In Lackluster Trade

Thai Shares May Bounce Higher Again On Thursday

Euro Drops Amid EU-US Trade War Concerns

U.S. Weekly Jobless Claims Unexpectedly Edge Slightly Lower

Gold has hit a new historical high again, with further declines in early trading!

Please sign in

Trader

3.14 Gold crude oil trading strategy: Buy long near 2966 when the gold retraces, defend above 2959 when the target is above 2980/90; Crude oil rebounds near 67.4, short selling, defending 68.2. Target 66/65 first line

Short selling of US crude oil at 67.6, stop loss at 68.1, target below at 66.35, break below at 66 and 65.5

EUR/USD 1.08750 short, stop loss 1.08950, target at 1.08250, break below at 1.08100 and 1.08000-1.07850

Buy long at 33.5 for silver, stop loss at 33.25, target at 33.8 and 34, break at 34.25 and 34.5

Buy long at 2972 gold, stop loss at 2966, target at 2990 and 3000. If you break below, look at pressure at 3012, 3020, and 3034.

Gold 2948 short, stop loss 2958, target 2910;

Buy long near gold 2929, stop loss 2920, take profit 2954;

Buy long at 67.2 US crude oil, stop loss at 66.6, target at 67.9, break levels at 68.5 and 69

EUR/USD 1.09300 short, stop loss 1.09500, target below at 1.08700, break below at 1.08500 and 1.08250

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