Market News:
① Powell "joined" the dovish camp, opening the door for a September Fed rate cut. Traders increased their bets on a rate cut.
② Hammack: The Fed needs to be cautious about any rate cuts; a significant weakening of the job market could prompt a rate cut; the Fed remains significantly off-track on its inflation mandate.
③ Collins: The risks to the dual mandate are roughly balanced. Job growth is slowing, but there's reason to wait.
④ Musallem: Job market risks are rising but haven't materialized yet. If job market risks intensify, the policy rate may need to be adjusted.
⑤ Trump: Powell should have cut rates a year ago; it's too late to signal a rate cut now. Trump also renewed his threat to fire Fed Governor Tim Cook.
Technical Analysis:
Today's Buy/Sell Levels:
1.1681
Support and Resistance Levels:
1.1839
1.1780
1.1742
1.1620
1.1582
1.1523
Trading Strategy:
If the price breaks above 1.1742, consider entering a buy position, with the first target price at 1.1780.
If the price breaks below 1.1681, consider entering a sell position, with the first target price at 1.1620
① Powell "joined" the dovish camp, opening the door for a September Fed rate cut. Traders increased their bets on a rate cut.
② Hammack: The Fed needs to be cautious about any rate cuts; a significant weakening of the job market could prompt a rate cut; the Fed remains significantly off-track on its inflation mandate.
③ Collins: The risks to the dual mandate are roughly balanced. Job growth is slowing, but there's reason to wait.
④ Musallem: Job market risks are rising but haven't materialized yet. If job market risks intensify, the policy rate may need to be adjusted.
⑤ Trump: Powell should have cut rates a year ago; it's too late to signal a rate cut now. Trump also renewed his threat to fire Fed Governor Tim Cook.
Technical Analysis:
Today's Buy/Sell Levels:
1.1681
Support and Resistance Levels:
1.1839
1.1780
1.1742
1.1620
1.1582
1.1523
Trading Strategy:
If the price breaks above 1.1742, consider entering a buy position, with the first target price at 1.1780.
If the price breaks below 1.1681, consider entering a sell position, with the first target price at 1.1620
Professional and scientific market analysis can help us achieve stable profits. Therefore, I will share some professional market analysis of different products from time to time every day, hoping to help you make profits.
t.me/+4Van3rZryZtkOGVh
t.me/+4Van3rZryZtkOGVh
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.
Professional and scientific market analysis can help us achieve stable profits. Therefore, I will share some professional market analysis of different products from time to time every day, hoping to help you make profits.
t.me/+4Van3rZryZtkOGVh
t.me/+4Van3rZryZtkOGVh
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.