NON Farm Payrolls

AUD/USD is holding near the lower edge of a rising wedge after pulling back from a near two-month high. Traders are watching U.S. employment data for signals that could shift Federal Reserve expectations and determine whether the pair breaks support or resumes its recent climb.

AUD/USD is hovering near the lower edge of a rising wedge after pulling back from its highest level since mid-June. Traders are watching U.S. employment data for the next catalyst, with support at 0.7020, 0.7010 and 0.6990 in focus.

GBP/USD remains trapped between 1.3400 and 1.3500, with US Dollar softness offering support but nearby technical levels limiting momentum. Friday’s US jobs, earnings and unemployment data could decide whether cable finally breaks higher or keeps rewarding short-term range traders.

The U.S. dollar is holding a constructive technical tone as traders prepare for the Federal Reserve meeting, key inflation data and payrolls figures. EUR/USD and GBP/USD remain under pressure near important resistance areas, while central bank guidance keeps forex volatility in focus.

Bitcoin is attempting to stabilize after its recent sell-off, with spot Bitcoin ETF inflows and softer jobs data offering short-term support. Technical signals remain cautious, however, as BTC/USD trades below key trend measures and market participants watch 58,000 support against 66,000 resistance.

The U.S. Dollar Index moved away from recent lows as traders continued to assess Non Farm Payrolls data and the outlook for Federal Reserve policy. EUR/USD advanced in quiet trading, while GBP/USD, USD/CAD and USD/JPY remained focused on nearby technical levels.

The U.S. dollar recovered from session lows in thin holiday trading as markets weighed Non Farm Payrolls data and the possibility of another Fed rate increase. Major pairs remained close to important technical levels, with EUR/USD, GBP/USD, USD/CAD and USD/JPY all facing near-term breakout tests.

The U.S. dollar came under pressure after June Non Farm Payrolls showed job creation below expectations, prompting traders to reduce bets on a more hawkish Federal Reserve. EUR/USD and GBP/USD pushed higher, USD/CAD retreated with commodity-linked currencies, and USD/JPY fell as profit-taking intensified near elevated levels.

EUR/USD faces resistance near 1.18 while GBP/USD consolidates ahead of US jobs data and Fed rate expectations.