Market News:
① Trump nominated Stephen Milan, Chairman of the White House Council of Economic Advisers, to serve on the Federal Reserve Board, with a term ending January 31, 2026.
② Waller is reportedly a leading candidate for the next Fed Chair.
③ U.S. Treasury Secretary Bensont stated that the interview process for the Fed Chair has begun.
④ Bostic stated that the July jobs report did change the Fed's outlook on its employment goals.
Technical Analysis:
Today's Buy/Sell Levels:
63.55
Support and Resistance Levels:
64.86
64.37
64.06
63.05
62.73
62.24
Trading Strategy:
If the price breaks above 63.55, consider entering a buy position, with the first target price being 64.06.
If the price breaks below 63.05, consider entering a sell position, with the first target price being 62.73.
① Trump nominated Stephen Milan, Chairman of the White House Council of Economic Advisers, to serve on the Federal Reserve Board, with a term ending January 31, 2026.
② Waller is reportedly a leading candidate for the next Fed Chair.
③ U.S. Treasury Secretary Bensont stated that the interview process for the Fed Chair has begun.
④ Bostic stated that the July jobs report did change the Fed's outlook on its employment goals.
Technical Analysis:
Today's Buy/Sell Levels:
63.55
Support and Resistance Levels:
64.86
64.37
64.06
63.05
62.73
62.24
Trading Strategy:
If the price breaks above 63.55, consider entering a buy position, with the first target price being 64.06.
If the price breaks below 63.05, consider entering a sell position, with the first target price being 62.73.
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.