Indeks S&P500Pembelian
Market Sees Reversal After Rate Hike News
The result of today's US economic news, Fed Interest Rate Decision
Actual: 3.25% Forecasted: 3.25% Previous: 2.50%, exhibited bullishness for the US dollar as the rate increase was higher than the previous amount. Stocks slumped and so did all other major currencies other than the greenback. The Nasdaq and S&P500 dumped significantly while the DXY dollar strength index rose. Going forward until rate hikes diminish the stock market and other currencies other than the US dollar will be under pressure. Some tech names are attractive at this price for long term but still may decline slightly. As of right now a short term reversal may be in the works as the euro and other major non US currencies have found strength here, as well as S&P and Nasdaq futures have also showed bullish strength in the European open.
Technically after the news today which caused the decline as mentioned, pushed many assets into strong sell volatility and now we see the bulls seeking at least for the time being a short term reversal. If price reverses down slightly as the market is seeing a market wide transition, I would suggest buys on the EURUSD near 0.98150 and Nasdaq futures around the 11625 support areas. The euro and ndx100 futures can potentially see continued strength into the New York session. EEUR/USD
NASDAQ 100
Ilyas Khan Top1 Markets
Actual: 3.25% Forecasted: 3.25% Previous: 2.50%, exhibited bullishness for the US dollar as the rate increase was higher than the previous amount. Stocks slumped and so did all other major currencies other than the greenback. The Nasdaq and S&P500 dumped significantly while the DXY dollar strength index rose. Going forward until rate hikes diminish the stock market and other currencies other than the US dollar will be under pressure. Some tech names are attractive at this price for long term but still may decline slightly. As of right now a short term reversal may be in the works as the euro and other major non US currencies have found strength here, as well as S&P and Nasdaq futures have also showed bullish strength in the European open.
Technically after the news today which caused the decline as mentioned, pushed many assets into strong sell volatility and now we see the bulls seeking at least for the time being a short term reversal. If price reverses down slightly as the market is seeing a market wide transition, I would suggest buys on the EURUSD near 0.98150 and Nasdaq futures around the 11625 support areas. The euro and ndx100 futures can potentially see continued strength into the New York session. EEUR/USD
NASDAQ 100 Ilyas Khan Top1 Markets
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.