Hey Traders, in tomorrow's trading session we are monitoring US30 for a selling opportunity around 38570 zone, US30 is trading in an uptrend and currently seems to be attempting to break it out. If we get dips below the 38570 support we will be looking for a potential retrace of the trend towards more lows.
The recent release of CPI data showing a higher-than-expected increase in inflation has bolstered expectations for USD strength. With inflationary pressures mounting, there's growing speculation that the Federal Reserve may adopt a more hawkish stance, potentially leading to a stronger USD. Furthermore, the negative correlation between USD and US30 suggests that a strengthening USD could weigh on the performance of US30.
The recent release of CPI data showing a higher-than-expected increase in inflation has bolstered expectations for USD strength. With inflationary pressures mounting, there's growing speculation that the Federal Reserve may adopt a more hawkish stance, potentially leading to a stronger USD. Furthermore, the negative correlation between USD and US30 suggests that a strengthening USD could weigh on the performance of US30.
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Free Telegram Group:
t.me/joechampion
The 1% Traders Club:
t.me/joechampion
t.me/joechampion
The 1% Traders Club:
t.me/joechampion
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。