Hello and welcome back to DP
Market Review:
Over the past two days, as mentioned in our #7 analysis, “a sustained move above 6,860 may signal further bullish momentum toward the upside.”
This scenario played out as expected, with price reaching the 6,900 area for the first time. However, short sellers are now stepping in, attempting to fade the rally and fill the gap.
Currently, all eyes are on the upcoming Federal Reserve interest rate decision and Chairman Powell’s comments. Both China and the U.S. have remained relatively quiet, keeping market attention focused on monetary policy.
Meanwhile, President Trump stated yesterday that he intends to replace Powell in the coming months. Powell has previously clarified that the President does not have direct authority to remove the Fed Chair, so this statement adds a layer of political uncertainty.
According to CME FedWatch, there is about a 95% probability of a 25 bps rate cut being announced.
1H–4H Technical Analysis:
The 6,900 area is currently acting as a strong resistance zone, followed by the 6,878 support area.
• Bears have entered around 6,900–6,917, attempting to push prices lower.
• Bulls, however, are showing resilience and defending the zone.
If price fails to hold above 6,900, we could see a pullback toward 6,878.
Should 6,878 fail to hold, a sharper decline toward the gap zone could occur.
Given the interest rate decision, expect high volatility — with sharp moves both up and down before and after the announcement.
If you’re planning to trade this event, manage your stop loss carefully and avoid overexposure.
Disclaimer:
This content is for informational purposes only and does not constitute financial or investment advice. © DIBAPRISM
Amir D.Kohn
Market Review:
Over the past two days, as mentioned in our #7 analysis, “a sustained move above 6,860 may signal further bullish momentum toward the upside.”
This scenario played out as expected, with price reaching the 6,900 area for the first time. However, short sellers are now stepping in, attempting to fade the rally and fill the gap.
Currently, all eyes are on the upcoming Federal Reserve interest rate decision and Chairman Powell’s comments. Both China and the U.S. have remained relatively quiet, keeping market attention focused on monetary policy.
Meanwhile, President Trump stated yesterday that he intends to replace Powell in the coming months. Powell has previously clarified that the President does not have direct authority to remove the Fed Chair, so this statement adds a layer of political uncertainty.
According to CME FedWatch, there is about a 95% probability of a 25 bps rate cut being announced.
1H–4H Technical Analysis:
The 6,900 area is currently acting as a strong resistance zone, followed by the 6,878 support area.
• Bears have entered around 6,900–6,917, attempting to push prices lower.
• Bulls, however, are showing resilience and defending the zone.
If price fails to hold above 6,900, we could see a pullback toward 6,878.
Should 6,878 fail to hold, a sharper decline toward the gap zone could occur.
Given the interest rate decision, expect high volatility — with sharp moves both up and down before and after the announcement.
If you’re planning to trade this event, manage your stop loss carefully and avoid overexposure.
Disclaimer:
This content is for informational purposes only and does not constitute financial or investment advice. © DIBAPRISM
Amir D.Kohn
การนำเสนอที่เกี่ยวข้อง
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมที่ ข้อกำหนดการใช้งาน
การนำเสนอที่เกี่ยวข้อง
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมที่ ข้อกำหนดการใช้งาน