Welcome, everyone!
Please feel free to share your personal thoughts in the comments. Don’t forget to hit the booster and subscribe!
Key Highlights
- Christopher Waller, a Federal Reserve Governor, stated in a CNBC interview that a rate cut in July should be considered.
- The United States has attacked three Iranian nuclear facilities located in Fordow, Natanz, and Isfahan. In response, Iran has hinted at potentially blocking the Strait of Hormuz and has warned of retaliatory action. The U.S. Department of Defense responded by warning that any retaliation would result in a much stronger counterattack.
- According to The Wall Street Journal, the Trump administration has notified that it plans to restrict the supply of U.S.-made semiconductor equipment to Samsung Electronics and SK Hynix’s factories in China.
This Week’s Key Economic Events
+ June 24: Fed Chair Jerome Powell testimony
+ June 25: Fed Chair Jerome Powell testimony
+ June 26: U.S. Q1 GDP release
+ June 27: U.S. May PCE Price Index release
EURUSD Chart Analysis
The EURUSD pair has shown a downward move after facing resistance at a recent trend high. Although it is currently experiencing a slight rebound around the 1.14500 level, the overall trend remains bearish. The next likely support level is around 1.13000, and a recovery may follow once this area is tested.
If, contrary to expectations, the price breaks above the current trend high, a new strategy will be established accordingly.
Please feel free to share your personal thoughts in the comments. Don’t forget to hit the booster and subscribe!
Key Highlights
- Christopher Waller, a Federal Reserve Governor, stated in a CNBC interview that a rate cut in July should be considered.
- The United States has attacked three Iranian nuclear facilities located in Fordow, Natanz, and Isfahan. In response, Iran has hinted at potentially blocking the Strait of Hormuz and has warned of retaliatory action. The U.S. Department of Defense responded by warning that any retaliation would result in a much stronger counterattack.
- According to The Wall Street Journal, the Trump administration has notified that it plans to restrict the supply of U.S.-made semiconductor equipment to Samsung Electronics and SK Hynix’s factories in China.
This Week’s Key Economic Events
+ June 24: Fed Chair Jerome Powell testimony
+ June 25: Fed Chair Jerome Powell testimony
+ June 26: U.S. Q1 GDP release
+ June 27: U.S. May PCE Price Index release
EURUSD Chart Analysis
The EURUSD pair has shown a downward move after facing resistance at a recent trend high. Although it is currently experiencing a slight rebound around the 1.14500 level, the overall trend remains bearish. The next likely support level is around 1.13000, and a recovery may follow once this area is tested.
If, contrary to expectations, the price breaks above the current trend high, a new strategy will be established accordingly.
네이버 카페 :
cafe.naver.com/autumnis
오픈 카톡방 :
pf.kakao.com/_txlKqxj/chat
텔레그램 :
t.me/shawntimemanager
cafe.naver.com/autumnis
오픈 카톡방 :
pf.kakao.com/_txlKqxj/chat
텔레그램 :
t.me/shawntimemanager
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.
네이버 카페 :
cafe.naver.com/autumnis
오픈 카톡방 :
pf.kakao.com/_txlKqxj/chat
텔레그램 :
t.me/shawntimemanager
cafe.naver.com/autumnis
오픈 카톡방 :
pf.kakao.com/_txlKqxj/chat
텔레그램 :
t.me/shawntimemanager
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.