Market News:
Federal Reserve's Hamak: Inflation remains too high, and a rate hike may need to be considered; interest rate futures show the probability of a Fed rate hike in September has risen to 80%.
Technical Analysis:
Today's Buy/Sell Threshold:
70.14
Support and Resistance Levels:
72.42
71.57
71.02
69.26
68.71
67.86
Trading Strategy:
If the price breaks above 70.14, consider buying, with a first target price of 71.02.
If the price breaks below 69.26, consider selling, with a first target price of 68.71.
Federal Reserve's Hamak: Inflation remains too high, and a rate hike may need to be considered; interest rate futures show the probability of a Fed rate hike in September has risen to 80%.
Technical Analysis:
Today's Buy/Sell Threshold:
70.14
Support and Resistance Levels:
72.42
71.57
71.02
69.26
68.71
67.86
Trading Strategy:
If the price breaks above 70.14, consider buying, with a first target price of 71.02.
If the price breaks below 69.26, consider selling, with a first target price of 68.71.
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.