U.S. Continuous Jobless Claims
Rep: 1,895 🚨 20k HIGHER THAN EXPECTED🚨
Exp: 1,875K
Prev: 1,865k (revised down from 1,871k)
20,000 higher continuous claims than expected. This is keeping the long term trend rising and remains one of thee most concerning charts out there.
Chart Trend
Since Sept 2022 continuing claims increased from 1.302m to 1.895m (593k+)....
U.S. Continuing Jobless Claims
Rep: 1,806k ✅Lower Than Expected ✅
Exp: 1,845k
Prev: 1,832k (revised down from 1,834)
Whilst the short term lower than expected continuous jobless claims are welcomed the long term trend is one of thee most concerning charts out there.
Chart Trend
Since Sept 2022 continuing claims increased from 1.302m to 1.806m (500k+). This...
MACRO MONDAY 9
Initial Jobless Claims
Historical Analysis and Important upcoming levels
Initial claims are new jobless claims filed by U.S. workers seeking unemployment compensation, included in the unemployment insurance weekly claims report. "Initial claims" refers to the government report on the number of workers applying for unemployment benefits for...
Welcome to my daily chart of Bitcoin - this is a series of technical analyses
Think of it as a standard trade "newspaper"
#DYOR
Comment:
In the wake of yesterday's data, bitcoin did not feel too well and reacted perfectly to our liquidity zone and orderblock.
Accumulation in this area can be seen over the weekend or early Monday
Gold just made a tweezer top.
The last two candlesticks on 2 H are on the top almost equal, that means there would be a SELL signal before and after the the major jobless claim news.
Have a nice trading day
It’s just like in a comedy movie. And to me it looks like that the people have absolutely no idea about the monetary policy and how they handle it.
So yes we have a crisis right now and that is something that also our big central banks from the US and Europe already have recognized.
But the effectiveness of their tools to support the economy is pretty bad. Why is...
Please refer my article below. I had shared some quants on how markets have behaved in the past in trading sessions before and after Jobless claims data being published
Below are pointer and the feedback on the performance so far!
1.75% of the time ( 9 out of 12 times), SPY has given an average return of 0.7% 1 week prior to Jobless Claims data announcement...
Recovery in U.S. show up slower than expecting, seeing from Jobless Claim report increased to 276,000 against analysis forecast median of 263,250 jobs which is a greater numbers than Feb 2016 report. However the incremental is still below 300,000 which is an acceptable rate. Counting from Jackson Hole Fed's meeting last week statement was given clear of timeline...
Jobless claims continue to trend down within relevant descending range.
Currently reached a cyclical low, last seen in 2000 and 2006.
Thus the short term unemployment indicator shows that on one hand, situation is improving, but on the other hand it will be difficult to trade lower - and a cyclical upturn in Jobless Claims could be in the cards.
![BTCUSD: Bitcoin [ TA ] 08.10.2022](https://s3.tradingview.com/y/YU0vX4jR_mid.png "Bitcoin [ TA ] 08.10.2022")
