US30 New Forecast
As predicted, the price has declined to meet our target set yesterday. Today, the Producer Price Index (PPI) is poised to significantly impact the indices market, with forecasts indicating a negative outlook.
Should the price remain below 38,385, it is expected to persist in its bearish trajectory towards 38,110, and upon breaching this level, aim for the subsequent target at 37,800. Conversely, if the PPI results are less dire than anticipated, it could bolster a bullish trend, pushing the price towards 38,565.
Pivot line: 38385
Resistance Prices: 38565 & 38750 & 39000
Support Prices: 38120 & 37800 & 37500
The movement range will be between support 37790 and Resistance 38565
Tendency: Downward
PREVIOUS IDEA:
As predicted, the price has declined to meet our target set yesterday. Today, the Producer Price Index (PPI) is poised to significantly impact the indices market, with forecasts indicating a negative outlook.
Should the price remain below 38,385, it is expected to persist in its bearish trajectory towards 38,110, and upon breaching this level, aim for the subsequent target at 37,800. Conversely, if the PPI results are less dire than anticipated, it could bolster a bullish trend, pushing the price towards 38,565.
Pivot line: 38385
Resistance Prices: 38565 & 38750 & 39000
Support Prices: 38120 & 37800 & 37500
The movement range will be between support 37790 and Resistance 38565
Tendency: Downward
PREVIOUS IDEA:
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t.me/Srosh_signals
~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h