Market news:
The annual rate of the US CPI in March was 2.4%, a six-month low, lower than the market expectation of 2.6%. The market almost fully priced in the Fed's interest rate cut in June. Trump said inflation has fallen.
Technical analysis:
Today's buying and selling boundaries:
3141.00
Support and resistance levels:
3244
3206
3180
3101
3075
3037
Trading strategy:
If the price breaks through 3180, consider buying, the first target price is 3206
If the price breaks through 3141, consider selling, the first target price is 3101
The annual rate of the US CPI in March was 2.4%, a six-month low, lower than the market expectation of 2.6%. The market almost fully priced in the Fed's interest rate cut in June. Trump said inflation has fallen.
Technical analysis:
Today's buying and selling boundaries:
3141.00
Support and resistance levels:
3244
3206
3180
3101
3075
3037
Trading strategy:
If the price breaks through 3180, consider buying, the first target price is 3206
If the price breaks through 3141, consider selling, the first target price is 3101
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.