US30 (CPI-3.4% or more, Bear Market)
US30 New Forecast
The price exhibits sensitivity to the CPI and remains consolidated between 39,670 and 39,420.
Our focus should be on the CPI results. If the CPI comes in below expectations, it will likely support a bullish trend, pushing the price to 39,850 and 39,990. Conversely, if the CPI is 3.4% or higher, it will support a bearish trend, initially targeting 39,410 and 39,290, with a further decline to 39,070 as the secondary target.
Given the current high pressure on the U.S. economy, we expect the CPI to be around 3.4% or 3.5%, as efforts to stabilize economic data and control inflation continue this year.
Pivot line: 39670
Resistance Prices: 39850, 39990, 40150
Support Prices: 39410, 39075, 38820
The movement range will be between support 39070 and Resistance 39855
The price exhibits sensitivity to the CPI and remains consolidated between 39,670 and 39,420.
Our focus should be on the CPI results. If the CPI comes in below expectations, it will likely support a bullish trend, pushing the price to 39,850 and 39,990. Conversely, if the CPI is 3.4% or higher, it will support a bearish trend, initially targeting 39,410 and 39,290, with a further decline to 39,070 as the secondary target.
Given the current high pressure on the U.S. economy, we expect the CPI to be around 3.4% or 3.5%, as efforts to stabilize economic data and control inflation continue this year.
Pivot line: 39670
Resistance Prices: 39850, 39990, 40150
Support Prices: 39410, 39075, 38820
The movement range will be between support 39070 and Resistance 39855
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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
