FinancialMarkets

As widely anticipated, the Federal Open Market Committee (FOMC) concluded its July meeting by maintaining the target range for the federal funds rate at 5.25% to 5.50%. This pause extends the rate plateau reached last summer.
Key Takeaways:
Inflation Focus: The official statement acknowledged "modest further progress" towards the 2% inflation goal (PCE was 2.6% in May). However, Chair Powell emphasized the Fed needs "greater confidence" that inflation is moving sustainably down before cutting. Recent cooler CPI/PPI data was welcomed but not yet definitive.Strong Jobs = Patience: A resilient labor market (though showing some moderation) gives the Fed room to wait for clearer signs rather than rushing to cut.Future Path: The Fed removed language specifically counting past hikes, signaling a shift towards future decisions based solely on incoming data. Powell stated cuts won't be appropriate until they gain that confidence. Markets still expect the first cut potentially in September or November, contingent on data.Balance Sheet: Quantitative Tightening (QT) continues at its reduced pace ($25B Treasuries / $35B MBS cap).
Market Reaction: Initial moves were muted. Equities slightly up, yields dipped slightly, Dollar softened modestly – reflecting expectations for future cuts but no surprise today.
Bottom Line: The Fed is in a cautious holding pattern, encouraged by recent inflation trends but not yet declaring victory. Data dependence is paramount. The next few inflation and jobs reports will be critical for the timing of the first rate cut.
#Fed #fomc #MonetaryPolicy #interestrates #FinancialMarkets

📊Understand the Concepts and Learn to Identify Them on a Chart 📈
In financial markets, the concepts of support and resistance are essential to understanding price behavior. Along with peaks and lows, they form the foundation of technical analysis. Let’s break it down in a practical and straightforward way!
🔹 What is Support?
Support is a level on the chart where the price struggles to fall further. It occurs due to increased buying pressure that holds the price at this zone.
📌 How to identify it?
Look for areas where the price has tested multiple times but failed to break below.
Mark these horizontal or near-horizontal zones on the chart, as they act like “floors” for price movements.
Practical example: In a downtrend, support might signal a potential reversal or pause in the decline.
🔹 What is Resistance?
Resistance is the opposite of support: a level where the price struggles to rise further, due to increased selling pressure.
📌 How to identify it?
Find zones where the price has touched multiple times but failed to break above.
Think of resistance as a "ceiling" that limits upward movements.
Practical example: In an uptrend, resistance might act as a correction point.
🔹 What are Peaks and Lows?
Peaks and lows are extreme points in price movement. They help define the trend direction:
Peak: The highest point before a reversal or correction downward.
Low: The lowest point before a reversal or correction upward.

📌 How to interpret them?
Uptrend: A series of higher peaks and higher lows.
Downtrend: A series of lower peaks and lower lows.
These movements help trace trendlines (uptrend or downtrend lines) and identify moments of strength or weakness in the market.

🔹 Practical Tips
1️⃣ Use higher timeframes (H4, D1) to identify the most relevant support and resistance levels.
2️⃣ Combine these levels with indicators like RSI or moving averages to confirm your analysis.
3️⃣ The more a support or resistance zone is tested without being broken, the stronger it is considered.
💡 Key Takeaways:
Support and resistance are decision zones where buyers and sellers interact.
Peaks and lows help define trends and signal potential entry and exit points.
Always validate these zones with other technical elements for higher reliability.
📌 Questions or suggestions? Drop them in the comments below!
#TechnicalAnalysis #FinancialMarkets #BtcNewHolder

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