Usual narxUSUAL

#CPI is coming in 30 minutes. A high print would not be very welcomed (as usual). Especially during uncertain times in the market like now, this kind of economic data usually has an increased impact. A high number would likely move the bond yields back up which is the opposite of what the administration is seemingly trying to achieve currently. Then there's also FOMC next week and the Fed will definitely be looking at this CPI print as well.

$BTC CPI today price will be more manipulative as usual, so I avoid these kind of days!! But my daily Bias is bullish for the day Swept Monday Lows Closure above the Body Now all we need is the inversion before going bullish again But these are just TA, Fundamentals are thinking something else 🫤

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Then, the usual market reactions. The release of the NFP report is a significant event for global economics and currency markets. The data release can lead to volatility in major currency pairs such as EUR/USD, GBP/USD, and USD/JPY, with traders watching closely for and responding to clues about the state of the US economy. Market reactions to NFPs tend to be swift, necessitating vigilance among short-term traders in particular. Understanding these dynamics is essential for developing effective trading strategies to navigate the often turbulent periods that follow an NFP release.