WTI(20250716)Today's Analysis

Market news:
① The annual rate of the overall CPI in the United States in June rose to 2.7%, the highest since February, in line with market expectations, and the monthly rate was 0.3%, the highest since January, in line with market expectations; the annual rate of the core CPI rose to 2.9%, the highest since February, lower than the expected 3%, but slightly higher than 2.8% last month, and the monthly rate was 0.2%, lower than the market expectation of 0.3%.
② Interest rate futures still show that the Fed is unlikely to cut interest rates this month, but there is a high possibility of a 25 basis point cut in September.
③ Fed mouthpiece: The CPI report will not change the Fed's policy direction.
④ Trump: Consumer prices are low and the federal funds rate should be lowered immediately. The Fed should cut interest rates by 3 percentage points.
⑤ Fed Collins: The core inflation rate is expected to remain at about 3% by the end of the year, and the Fed should maintain active patience.

Technical analysis:
Today's buying and selling boundaries:
65.66

Support and resistance levels:
66.49
66.18
65.98
65.34
65.14
64.83

Trading strategy:
If the price breaks through 65.66, consider buying, the first target price is 65.98
If the price breaks through 65.34, consider selling, the first target price is 65.14