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USD moves lower after the US jobs report. What are the charts telling traders now?

The article says the US dollar weakened immediately after the US jobs report, then recovered some of those losses. It is primarily a technical analysis update, focusing on chart levels and potential targets/risks in major USD pairs after the labor data. The author highlights USDCHF, USDCAD, USDJPY, and EURUSD as the key instruments under review. Market impact is centered on short-term forex volatility and trader positioning around the post-payrolls reaction, with no new policy shift or fundamental thesis beyond the employment-data-driven move.

Category

USD/CHF

Sentiment

Neutral

Event

Technical analysis

Reading time

1 min