Many Fed officials have hinted that the Fed may keep interest rates unchanged at next week's meeting, but traders expect the Fed to raise rates at least once before the end of the current tightening cycle. The market and policymakers will closely monitor the May CPI scheduled for June 13th, the day before the Federal Reserve makes its policy decision
Many Fed officials have hinted that the Fed may keep interest rates unchanged at next week's meeting, but traders expect the Fed to raise rates at least once before the end of the current tightening cycle. The market and policymakers will closely monitor the May CPI scheduled for June 13th, the day before the Federal Reserve makes its policy decision. The Federal Reserve has long maintained that expectations of inflation will ultimately drive real price pressure, which is a key reason for their efforts to prevent inflation expectations from escalating.
Gang Hu, managing partner of Winshore Capital Partners, which specializes in inflation hedging investments, said that the stability of the Fed's 5-year/5-year forward indicators indicates that the market believes the Fed will be able to control inflation. He said this is important because if inflation expectations become unstable, the Federal Reserve must respond by further raising interest rates, which could lead to an "economic collapse".
Yesterday's blog post also mentioned that 1830 can involve multiple orders, and the subsequent price has reached around 1860. Ziya has once again posted a reminder that this is a pressure level, and those who are stable can put their bags in safety. These 30 or so points of meat are also Gaga fragrant.
From the perspective of technical indicators, it was another day of back and forth fluctuations before the release of the CPI on the 13th. Currently, the currency price is at 1830 support, although there is a false break, the impact is not significant. In the sky chart, yesterday's close was small, and today's return to the starting point. The volatile market is played with mentality. Recently, before the CPI release, the main focus has been on fluctuations, and it is better to put your bags in time and have fun in time.
At present, there has been a correction in the price of the medium rail under pressure in the four hour level. The MACD energy column has just broken the zero axis, and the fast and slow lines have become a dead cross with signs of stepping back. The hourly chart RSI9 daily moving average is also below 50 and has not recovered, and the KDJ third line has signs of leading up. Ziya believes that the price will continue to decline before continuing to rise.
So in terms of daily operations, it is not a big problem to consider areas around 1820 and 17901770. Of course, yesterday's 1830 entry was still effective, indicating that it is safe for the prudent to drop their bags. Of course, there are also those in hand after reducing their positions, which are not a big problem. Continue to hold, and the target is still around 1900-2000 that we have been seeing. Of course, these two points may not be completed recently, so the specific exit points need to be provided by Pan Shi, The market situation is constantly changing, and risk control is the king. The above is Ziya's personal opinion, and I do not make any investment entry suggestions. Good luck to everyone# Blockchain # # Ethereum eth # # Ethereum # # Bitcoin usage#
Author: Coin Circle Ziya
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