{"id":130396,"date":"2026-05-08T12:05:18","date_gmt":"2026-05-08T09:05:18","guid":{"rendered":"https:\/\/ironfx-com.wp-dev.int.theitops.net\/?p=130396"},"modified":"2026-05-08T12:05:34","modified_gmt":"2026-05-08T09:05:34","slug":"us-employment-report-for-april-to-shake-the-markets","status":"publish","type":"post","link":"https:\/\/www.smartindonesiafx.id\/es\/us-employment-report-for-april-to-shake-the-markets\/","title":{"rendered":"US employment report for April to shake the markets"},"content":{"rendered":"<p>US employment report for April to shake the markets as investors prepare for potential volatility across major asset classes. <\/p>\n\n\n\n<p>The USD has already gained support from safe-haven flows amid renewed US-Iran tensions, while attention now shifts to today\u2019s Non-Farm Payrolls release, where a weaker print is expected but a tighter labour market could still provide USD support. <\/p>\n\n\n\n<p>At the same time, oil prices remain sensitive to geopolitical developments, US equities are attempting to stabilise after recent declines, and Bitcoin continues to correct lower ahead of key political and macroeconomic catalysts.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-april-s-us-employment-report-to-shake-the-markets\"><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong>April\u2019s US employment report to shake the markets<\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/h2>\n\n\n\n<p>The USD gained some ground in the FX market yesterday as safe haven inflows were created by renewed hostilities between the US and Iran. <\/p>\n\n\n\n<p>Despite the USD\u2019s safe haven status, we highlight the release of the US employment report for April today. <\/p>\n\n\n\n<p>The NFP figure is expected to drop substantially, while the unemployment rate to remain unchanged, should the actual rates and figures show a tighter than expected US employment market, we may see the USD getting some support.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-oil-prices-wobble-after-renewed-hostilities\"><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong>Oil prices wobble after renewed hostilities<\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/h2>\n\n\n\n<p>The renewed hostilities in the US-Iran conflict caused US stock markets to drop, as uncertainty emerged. <\/p>\n\n\n\n<p>We expect the situation to calm down and market confidence to be renewed, thus supporting US equities. <\/p>\n\n\n\n<p>Yet we also highlight the release of April\u2019s US employment report later today and a possibly tighter-than-expected US employment market may weigh on US\u00a0 stock markets.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-bitcoin-correcting-lower\"><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong>Bitcoin correcting lower<\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/h2>\n\n\n\n<p>Bitcoin seems to correct lower, ahead of US President Trump\u2019s speech later today. The renewal of tensions provided a dash of uncertainty in the markets, also possibly weighing on the crypto market. <\/p>\n\n\n\n<p>We also note that Strategy\u2019s Saylor repeated that they will not be selling Bitcoin, yet the market seems to doubt that. Overall we see the drop of BTC as mostly technical currently.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-other-highlights-for-today\"><strong><strong><strong><strong>Otros destacados de hoy<\/strong><\/strong><\/strong><\/strong><\/h2>\n\n\n\n<p>Today we get Germany\u2019s industrial output for March, UK\u2019s Halifax House Prices for April, Canada\u2019s employment data April and the preliminary US UoM consumer sentiment for May. <\/p>\n\n\n\n<p>On a monetary level, we note that ECB\u2019s\u00a0 Lagarde, De Guindos, Schnabel, BoE\u2019s Breeden, Bailey and the Fed\u2019s Cook are scheduled to speak. In Monday\u2019s Asian session, we note the release of China\u2019s inflation metrics for April.\u00a0\u00a0<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-charts-to-keep-an-eye-out\"><strong>Charts to keep an eye out<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-usd-cad\"><strong><strong><strong><strong><strong><strong><strong><strong><strong>USD\/CAD<\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/h3>\n\n\n\n<p><strong>USD\/CAD<\/strong> rose yesterday, yet remained well within the boundaries set by the 1.3720 (R1) resistance line and the 1.3550 (S1) support level. As USD\/CAD\u2019s price action broke the downward trendline guiding it, we switch our bearish outlook in favour of a sideways motion for now. <\/p>\n\n\n\n<p>We note that the RSI indicator has risen, nearing the reading of 50, implying an easing of the market\u2019s bearish sentiment for the pair. Yet the simultaneous release of the US and Canadian employment data for April could alter the direction of the pair depending on the rates and figures to be released. <\/p>\n\n\n\n<p>Should the bears\u00a0 regain control we may see USD\/CAD breaking the 1.3550 (S1) support line and start aiming for the 1.3420 (S2) support level. Should the bulls take over we may see USD\/CAD breaking the 1.3720 (R1) resistance line and start aiming for the 1.3880 (R2) level.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-nasdaq\"><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong>Nasdaq<\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/h3>\n\n\n\n<p><strong>Nasdaq<\/strong> hesitated yesterday, yet continued to rise in today\u2019s Asian session testing the 28750 (R1) resistance line. We maintain yesterday\u2019s bullish outlook for the index and intend to keep it as long as the upward trendline guiding it, remains intact. <\/p>\n\n\n\n<p>Should the bulls remain in charge, we may see the index\u2019s price action breaking the 28750 (R1) resistance line and start aiming the 30000 (R2) resistance level. <\/p>\n\n\n\n<p>Should the bears take over, we may the index breaking initially the prementioned upward trendline, continue to break the 27500 (S1) support level and set its sights on the 26250 (S2) support level.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"4361\" height=\"5429\" src=\"\/wp-content\/uploads\/2026\/05\/calendar-economic-calendar-forex-news-events-05082026.png\" alt=\"Financial release schedule for Friday, highlighting economic indicators by region. Important events in bold red, potential currency impacts summarized, with US employment report for April to shake the markets highlighted as a key focus.\" class=\"wp-image-130399\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"831\" height=\"202\" src=\"\/wp-content\/uploads\/2026\/05\/benchmark-table-currency-pairs-rates-analysis-05082026.png\" alt=\"Bar chart titled &quot;Benchmark Currency Rates - Daily Gainers &amp; Losers.&quot; USD\/JPY leads gainers at 0.27%, while AUD\/USD is the biggest loser at -0.37%, ahead of the US employment report for April to shake the markets.\" class=\"wp-image-130400\"\/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-usd-cad-daily-chart\"><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong>USD\/CAD Daily Chart<\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/h3>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"1916\" height=\"888\" src=\"\/wp-content\/uploads\/2026\/05\/usd-cad-daily-charts-currency-rates-05082026.png\" alt=\"This image shows a forex chart (USD\/CAD Daily Chart) with a downward trend, featuring Bollinger Bands, moving averages, and marked resistance (R3, R2, R1) and support (S1, S2, S3) levels.\" class=\"wp-image-130398\"\/><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Support: 1.3550 (S1), 1.3420 (S2), 1.3285 (S3)<\/li>\n\n\n\n<li>Resistance: 1.3720 (R1), 1.3880 (R2), 1.4020 (R3)\u00a0<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-us-100-cash-daily-chart\"><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong>US 100 Cash Daily Chart<\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/h3>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1916\" height=\"888\" src=\"\/wp-content\/uploads\/2026\/05\/us-100-cash-daily-charts-currency-rates-05082026.png\" alt=\"Stock chart showing a bullish trend on the US 100 Cash Daily Chart, with candlesticks rising past resistance levels 28750 to 31250. Bollinger Bands, moving averages, and RSI are indicated.\" class=\"wp-image-130401\"\/><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Support: 27500 (S1), 26250 (S2), 25375 (S3)<\/li>\n\n\n\n<li>Resistance: 28750 (R1), 30000 (R2), 31250 (R3)\u00a0<\/li>\n<\/ul>\n\n\n\n<p>Descargo de responsabilidad:<br><i>Esta informaci\u00f3n no debe considerarse asesoramiento o recomendaci\u00f3n sobre inversiones, sino una comunicaci\u00f3n de marketing. IronFX no se hace responsable de datos o informaci\u00f3n de terceros en esta comunicaci\u00f3n, ya sea por referencia o enlace.<\/i><\/p>","protected":false},"excerpt":{"rendered":"<p>US employment report for April to shake the markets as investors prepare for potential volatility across major asset classes. 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