Interest rates will rise in anticipation of a cut ⤴️
Analysis summary
・Fundamental analysis → US policy interest rate/FED watch to be announced on 8/1 future focus
・Technical analysis → there is room for short-term growth. At the time of decline, there is a possibility that it will fall to around 2300, and then it is expected to rise in the medium term
☆ Recent fundamental analysis
・US GDP 2.8%, PCE deflator 2.6%. Interest rates will be cut in September, and expectations for a soft landing will rise.
→The US policy interest rate/FED watch to be announced on 8/1 will be the focus of the future.
☆ Recent technical analysis
・Candlestick
Harami linear formation.
→Is the trend changing?
・Channels/trend lines
→If it rises, will it rise to around 2470? (There is also a possibility that it will plateau there)
In the case of a decline, will it fall to around 2300 and become a range market?
・Moving Average
The 5/21 moving average dead cross has been completed. However, the candlestick line surpassed the 50/75 daily moving average.
→There is also a possibility of a fall or rise.
・BOLL × RSI
BOLL is 2σ horizontally, and touch the candlestick to -1 σ. The 5-day RSI rose from 27 (Thu) to 41 (Fri).
→There is a possibility of a short-term increase. However, in the case of a decline, it falls to 2300 and touches -2σ, and thereafter, there is room for a medium-term increase
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
