Investment Insights -
Intraday Focus
On Friday (March 6), the February non-farm payroll report will be released, focusing on whether the strong performance of January's non-farm payrolls will continue. The U.S. added 130,000 non-farm jobs in January, far exceeding the expected 65,000, while the unemployment rate recorded a new low of 4.3% since last August. This stands in stark contrast to the nearly zero net job growth projected for 2025. If the data indicates that the labor market is shifting to a &#34;more stable state,&#34; the Federal Reserve's first interest rate cut of the year may be further delayed. It is worth noting that the situation in the Middle East is becoming increasingly tense, and rising oil prices are pushing inflation away from the Federal Reserve's 2% target level. Strong non-farm data could even lower the real yield in the U.S., thereby weakening the attractiveness of U.S. assets.
EUR/USD: May Rely on Building a Rebound Near 1.1460
EUR/USD fell 0.02% during the session on Friday (March 6), maintaining a consolidation around 1.1600. Notably, EUR/USD has accumulated a decline of 4.5% since the end of January, suggesting that a medium-term adjustment may have begun.
If EUR/USD stabilizes at 1.1460, it is expected to rebound and challenge 1.1700 or even 1.1800, but the overall adjustment pattern may be difficult to reverse.
EUR/USD Daily Chart:
<img src="https://imageproxy.pbkrs.com/https://resource.mistorebox.com/insights/cms_uploads/uedimg/20260306/17727852441753.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://resource.mistorebox.com/insights/cms_uploads/uedimg/20260306/17727852441753.png"/>
Image source: tradingview
Support Levels: 1.1600, 1.1460, 1.1230
Resistance Levels: 1.1700, 1.1800, 1.2000
GBP/USD: Short-term Rebound Risk, Medium-term Focus on 1.3100 Support
GBP/USD rose 0.03% during the session on Friday (March 6), holding steady above 1.3300. It is worth noting that GBP/USD is still in a large range consolidation process, with key support at 1.3100 and resistance at 1.3700, and investors should grasp the rhythm.
If GBP/USD stabilizes at 1.3300, it is expected to rebound and challenge levels of 1.3460 or even 1.3530. However, if it effectively breaks below 1.3300, caution is needed for a downward test of support at 1.3200 or even 1.3100.
GBP/USD Daily Chart:
![](https://imageproxy.pbkrs.com/https://resource.mistorebox.com/insights/cms_uploads/uedimg/20260306/17727852646087.png?
Image source: tradingview
Support levels: 1.3300, 1.3200, 1.3100
Resistance levels: 1.3460, 1.3530, 1.3700
AUD/USD: High-level consolidation pattern, focus on 0.6900 support
AUD/USD rose 0.44% during the session on Friday (March 6), stabilizing at the 0.7000 round number. Notably, the AUD/USD's upward momentum stalled after reaching the time window on February 13, suggesting a potential shift into a high-level consolidation pattern.
If AUD/USD effectively stabilizes above 0.6900, it is expected to rebound and challenge 0.7140 or even 0.7250. However, if it breaks below 0.6900, caution is warranted as further downside potential may open up.
AUD/USD daily chart:
<img src="https://imageproxy.pbkrs.com/https://resource.mistorebox.com/insights/cms_uploads/uedimg/20260306/17727852732578.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://resource.mistorebox.com/insights/cms_uploads/uedimg/20260306/17727852732578.png"/>
Image source: tradingview
Support levels: 0.7000, 0.6900, 0.6750
Resistance levels: 0.7070, 0.7140, 0.7250
S&amp;P 500 Index: Focus on 6790 points support, downside risk not yet resolved
The S&amp;P 500 Index fell 0.56% during the session on Thursday (March 5), reaching a low of 6770 points, but subsequently rebounded to consolidate above 6800 points. It is noteworthy that the S&amp;P 500 Index has maintained a downward oscillation for the past month, and the downside risk has not yet been resolved.
If the S&amp;P 500 Index effectively breaks below 6790 points, it is expected to test 6700 points or even 6500 points in the future.
S&amp;P 500 Index daily chart:
<img src="https://imageproxy.pbkrs.com/https://resource.mistorebox.com/insights/cms_uploads/uedimg/20260306/17727852849005.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://resource.mistorebox.com/insights/cms_uploads/uedimg/20260306/17727852849005.png"/>
Image source: tradingview
Support levels: 6790, 6700, 6500
Resistance levels: 6900, 7000, 7320

SLYV

USDU

This Friday (March 6), the non-farm payroll report for February will be released, and the market is focused on whether the strong performance of January's non-farm payrolls will continue. In January, non-farm payrolls increased by 130,000, and the unemployment rate fell to 4.3%. If the data indicates that the labor market is stabilizing, the Federal Reserve may delay the interest rate cut. Technical analysis of EUR/USD, GBP/USD, and AUD/USD shows that EUR/USD may rebound around 1.1460, GBP/USD is watching the 1.3100 support, and AUD/USD is maintaining a high-level consolidation

- The upcoming U.S. non-farm payroll report for February is anticipated, with expectations stemming from January's strong increase of 130,000 jobs and a record low unemployment rate of 4.3%.  
- Heightened tensions in the Middle East and rising oil prices may impact inflation and interest rate decisions by the Federal Reserve.  
- Major currency pairs are analyzed, with Euro/USD and Pound/USD showing potential for rebound, while the S&P 500 index exhibits ongoing downward risk, particularly if it falls below the 6790-point support.

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Non-Farm Payrolls are coming! EUR/USD, GBP/USD, AUD/USD, S&P 500 Technical Analysis