Market news:
Fed Chairman Powell: The Fed is adjusting its overall policy-making framework. Zero interest rate is no longer a basic situation. The wording of underemployment and average inflation rate needs to be reconsidered. PCE is expected to drop to 2.2% in April.
Technical analysis:
Today's buying and selling boundaries:
0.6416
Support and resistance levels:
0.6484
0.6458
0.6442
0.6391
0.6375
0.6349
Trading strategy:
If the price breaks through 0.6416, consider buying, the first target price is 0.6442
If the price breaks through 0.6391, consider selling, the first target price is 0.6375
Fed Chairman Powell: The Fed is adjusting its overall policy-making framework. Zero interest rate is no longer a basic situation. The wording of underemployment and average inflation rate needs to be reconsidered. PCE is expected to drop to 2.2% in April.
Technical analysis:
Today's buying and selling boundaries:
0.6416
Support and resistance levels:
0.6484
0.6458
0.6442
0.6391
0.6375
0.6349
Trading strategy:
If the price breaks through 0.6416, consider buying, the first target price is 0.6442
If the price breaks through 0.6391, consider selling, the first target price is 0.6375
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.