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Tech100 At Key Resistance Level-malaysia forex trading time

malaysia forex trading timeHXFXglobal reminds you:

Tech100 At Key Resistance Level As EU Passes Fifth Round of Sanctions.

malaysia forex trading time-HXFXglobal-Tech100 At Key Resistance Level As EU Passes Fifth Round of Sanctions_Technical Analysis

The European Union officially announce an import ban on all forms of Russian coal, and lead Tech100 to a bearish perspective.
Investors are recommend to consider marginal short near 14400. With Target 14200, stop loss by 14500.
The European Union formally passed its fifth round of sanctions against Russia on Friday, and EU policy chief Josep Borrell said the next step could be to start discussing a crude oil embargo. The minutes of the previous Fed meeting stated that the Fed believes that a monthly reduction of 95 billion US dollars (60 billion US dollars of national debt + 35 billion US dollars of MBS) is appropriate, and does not rule out raising interest rates and shrinking the balance sheet at the same meeting. At the end of the year, the cumulative interest rate hike was 250 basis points. Overall, investors’ risk aversion has increased, and it is still affected by the Fed’s policy. The Tech100 takes the bearish layout as the main idea.
In the D1 range, the quotation is located on the lower track of Bollinger and below all MA moving averages, which is conducive to multi-party intervention. The sub-indicator MACD kinetic energy turns from long to short and superimposes KD double-line downwards, which is conducive to investors’ bearish layout.
*Information above belongs to 3rd party media comments, can only be used for references and doesn’t represent our platform’s opinion. Investors should maintain sole-determination, self-evaluation required and be responsible for their own action.

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Disclaimer: Information above can only be use for references and doesn’t represent our platform’s opinions.

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