Futures Steady Ahead of Key Inflation Report
The price has pushed up and reached our target successfully, with momentum still aiming for 5,460 and 5,491. Today’s CPI report is expected to significantly impact market movements.
Bullish Scenario:
The price is likely to attempt reaching 5,460, with further movement depending on the CPI result. If the CPI comes in below 3.00%, this could drive the price higher.
Bearish Scenario:
A CPI reading of 3.00% or higher could trigger a decline, with the price potentially falling to 5,409 and 5,372.
Key Levels:
- Pivot Line: 5,460
- Resistance Levels: 5491, 5539, 5584
- Support Levels: 5409, 5,72, 5320
Today's Expected Trading Range: The price is anticipated to fluctuate between 5,372 and 5,491.
previous idea:
The price has pushed up and reached our target successfully, with momentum still aiming for 5,460 and 5,491. Today’s CPI report is expected to significantly impact market movements.
Bullish Scenario:
The price is likely to attempt reaching 5,460, with further movement depending on the CPI result. If the CPI comes in below 3.00%, this could drive the price higher.
Bearish Scenario:
A CPI reading of 3.00% or higher could trigger a decline, with the price potentially falling to 5,409 and 5,372.
Key Levels:
- Pivot Line: 5,460
- Resistance Levels: 5491, 5539, 5584
- Support Levels: 5409, 5,72, 5320
Today's Expected Trading Range: The price is anticipated to fluctuate between 5,372 and 5,491.
previous idea:
Technical analyst focused on gold, indices, and forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
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As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Technical analyst focused on gold, indices, and forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.