Market news:
The Fed's subsequent policy path considers two scenarios: First, there is no substantial progress in the negotiations between the United States and its trading partners. After 90 days, the US tariffs are still high. Weakened economic demand may prompt the Fed to cut interest rates starting in July, and the annual rate cut may reach 100 basis points; second, the negotiations are fruitful, tariffs are reduced, and the demand shock is small, but inflationary pressure continues. The Fed may postpone easing and only cut interest rates slightly in December. For the market, although the easing comes early in the first scenario, the "recession-style" rate cut may suppress risky assets.
Technical analysis:
Today's buying and selling boundaries:
1.1357
Support and resistance levels:
1.1434
1.1405
1.1386
1.1327
1.1308
1.1280
Trading strategy:
If the price breaks through 1.1357, consider buying, the first target price is 1.1386
If the price breaks through 1.1327, consider selling, the first target price is 1.1308
The Fed's subsequent policy path considers two scenarios: First, there is no substantial progress in the negotiations between the United States and its trading partners. After 90 days, the US tariffs are still high. Weakened economic demand may prompt the Fed to cut interest rates starting in July, and the annual rate cut may reach 100 basis points; second, the negotiations are fruitful, tariffs are reduced, and the demand shock is small, but inflationary pressure continues. The Fed may postpone easing and only cut interest rates slightly in December. For the market, although the easing comes early in the first scenario, the "recession-style" rate cut may suppress risky assets.
Technical analysis:
Today's buying and selling boundaries:
1.1357
Support and resistance levels:
1.1434
1.1405
1.1386
1.1327
1.1308
1.1280
Trading strategy:
If the price breaks through 1.1357, consider buying, the first target price is 1.1386
If the price breaks through 1.1327, consider selling, the first target price is 1.1308
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.