IMPORTANT ‼️
Guys are there are some important news to be released in today so please be careful 🙌
🔴 Unemployment Claims:-
This means the allowance paid by the government to people who have lost their jobs through no fault of their own (e.g.-Covid). We can consider this as a good indicator of a country's economy. If the unemployment claims value is high, it is not good enough for the dollar. If the unemployment claims value is low, it is good for the dollar, but not good enough for BTC
🔴Flash Services PMI:-
This is known as a pre-estimate of the Purchasing Managers Index (PMI) data. This is a good measure that we can get an idea about the final Purchasing Managers Index (PMI) data. 85%-90% of this data is calculated based on the Purchasing Managers Index survey. This data is released one week before the end of the survey period and is known as a good measure of the business conditions of private sector businesses in America. If its value is more than 50, it means that there is growth in private sector business. It is good for dollar, not good for BTC. If its value is less than 50, it means that there is a collapse in private sector business. It is not good for dollar, but good for BTC.
In addition, the market may become volatile due to the FOMC Member Jefferson Speech to be released tonight, so everyone be careful. It is very good if you do not trade at that time.
Happy trading 🔥
Stay tuned for more updates and free signals 💛
