US Initial Jobless Claims Forecast Jan 08 2015

USA654 rodghg
USA654 rodghg

Outlook in Initial Jobless Claims remains on the downside as  long as 316 K level holds , and further decline towards or below 281 K level is expected , However ; we have 3 scenarios for today :

1- Any upside move should be limited by 316 K  levels , so any reading within this range , will keep the USD on the upside even in case of a pullback …

2- Any upside move above 316 K  levels could bring strong decline for the USD , next level is around 327 K ..

3- Any reading below 281 K  will keep the USD very bullish with risk for further upside gains..

It will be published today at 13:30  GMT..

 

US Initial Jobless Claims Forecast Jan 08 2015

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