--- title: "Non-Farm Payrolls are coming! EUR/USD, GBP/USD, AUD/USD, S&P 500 Technical Analysis" type: "News" locale: "en" url: "https://longbridge.com/en/news/278205741.md" description: "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" datetime: "2026-03-06T08:21:38.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/278205741.md) - [en](https://longbridge.com/en/news/278205741.md) - [zh-HK](https://longbridge.com/zh-HK/news/278205741.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/278205741.md) | [繁體中文](https://longbridge.com/zh-HK/news/278205741.md) # Non-Farm Payrolls are coming! EUR/USD, GBP/USD, AUD/USD, S&P 500 Technical Analysis 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 "more stable state," 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: 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: Image source: tradingview Support levels: 0.7000, 0.6900, 0.6750 Resistance levels: 0.7070, 0.7140, 0.7250 S&P 500 Index: Focus on 6790 points support, downside risk not yet resolved The S&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&P 500 Index has maintained a downward oscillation for the past month, and the downside risk has not yet been resolved. If the S&P 500 Index effectively breaks below 6790 points, it is expected to test 6700 points or even 6500 points in the future. S&P 500 Index daily chart: Image source: tradingview Support levels: 6790, 6700, 6500 Resistance levels: 6900, 7000, 7320 ### Related Stocks - [Vanguard Value ETF (VTV.US)](https://longbridge.com/en/quote/VTV.US.md) - [State Street® SPDR® S&P 600™ Sm CpValETF (SLYV.US)](https://longbridge.com/en/quote/SLYV.US.md) - [WisdomTree Bloomberg US Dllr Bullish ETF (USDU.US)](https://longbridge.com/en/quote/USDU.US.md) - [Invesco DB US Dollar Bullish (UUP.US)](https://longbridge.com/en/quote/UUP.US.md) - [Vanguard S&P 500 ETF (VOO.US)](https://longbridge.com/en/quote/VOO.US.md) - [Invesco CcyShrs® British Pound Stlg (FXB.US)](https://longbridge.com/en/quote/FXB.US.md) - [iShares Core S&P US Value ETF (IUSV.US)](https://longbridge.com/en/quote/IUSV.US.md) - [Invesco QQQ Trust (QQQ.US)](https://longbridge.com/en/quote/QQQ.US.md) - [Vanguard Mega Cap Growth ETF (MGK.US)](https://longbridge.com/en/quote/MGK.US.md) - [iShares Russell 1000 Growth ETF (IWF.US)](https://longbridge.com/en/quote/IWF.US.md) - [Vanguard Growth ETF (VUG.US)](https://longbridge.com/en/quote/VUG.US.md) - [SPDR® S&P 500® ETF (SPY.US)](https://longbridge.com/en/quote/SPY.US.md) - [ProShares Ultra S&P500 (SSO.US)](https://longbridge.com/en/quote/SSO.US.md) - [Vanguard Small-Cap Value ETF (VBR.US)](https://longbridge.com/en/quote/VBR.US.md) - [Invesco CcyShrs® Australian Dllr Trust (FXA.US)](https://longbridge.com/en/quote/FXA.US.md) - [Schwab US Large-Cap Growth ETF™ (SCHG.US)](https://longbridge.com/en/quote/SCHG.US.md) - [iShares Russell 2000 Value ETF (IWN.US)](https://longbridge.com/en/quote/IWN.US.md) - [Vanguard Mid-Cap Value ETF (VOE.US)](https://longbridge.com/en/quote/VOE.US.md) - [Vanguard Small-Cap Growth ETF (VBK.US)](https://longbridge.com/en/quote/VBK.US.md) - [Avantis US Large Cap Value ETF (AVLV.US)](https://longbridge.com/en/quote/AVLV.US.md) - [iShares Core S&P 500 ETF (IVV.US)](https://longbridge.com/en/quote/IVV.US.md) - [Vanguard S&P Mid-Cap 400 Value ETF (IVOV.US)](https://longbridge.com/en/quote/IVOV.US.md) - [iShares Core S&P US Growth ETF (IUSG.US)](https://longbridge.com/en/quote/IUSG.US.md) - [ProShares UltraPro S&P500 (UPRO.US)](https://longbridge.com/en/quote/UPRO.US.md) - [Vanguard Mega Cap Value ETF (MGV.US)](https://longbridge.com/en/quote/MGV.US.md) - [S&P 500 (.SPX.US)](https://longbridge.com/en/quote/.SPX.US.md) - [ProShares UltraPro Short S&P500 (SPXU.US)](https://longbridge.com/en/quote/SPXU.US.md) ## Related News & Research - [Why Is the SPY ETF Up Today, 4/1/2026?](https://longbridge.com/en/news/281428290.md) - [Here's How Much $100 Invested In ProShares UltraPro S&P 500 5 Years Ago Would Be Worth Today](https://longbridge.com/en/news/281388760.md) - [Should You Really Invest in the Vanguard S&P 500 ETF Right Now? 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