ATFXLate review0729The Federal Reserve stands still and non US currencies benefit from a rebound

EURUSD

chart1，EURUSD  07month29day Daily level
Technical indicators
MA5-MA10        RSI
0.001        76
Weak bearish position        neutral

Comprehensive judgment:
The Federal Reserve has once again decided not to reduce its monthly bond purchases, leading to increased sentiment in the market towards shorting the US dollar index and benefiting non US currencies;
RSILatest value76And it is in an upward trend, with a bullish outlook in the future;
MA5-MA10Just transitioned from negative to positive, with a small bar line and unclear directionality;
Structurally, the downward channel line has been effectively broken through, and the future is bullish;
Final viewpoint: Rising


XAUUSD

chart2，XAUUSD 07month29day Daily level
Technical indicators
MA5-MA10        RSI
1.43        71
Weak bearish position        short position

Comprehensive judgment:
The final result of the Federal Reserve's interest rate decision is bullishgold；
RSIFast upward curve, latest value71Looking ahead in the future;
MA5-MA10The column line is small and does not have a sense of multi spatial direction;
Structurally, the downward trend line has been effectively broken through, and the future is bullish;
Final viewpoint: Rising


USOIL

chart3，USOIL 2021year9Monthly contract,07month29day  Daily cycle
Technical indicators
MA5-MA10        RSI
0.4        67
long position        long position
Comprehensive judgment:
The downward channel line has been effectively broken through, and the future is bullish;
RSIFast upward curve, latest value67Looking ahead in the future;
MA5-MA10Above the zero axis and with the bar continuously zooming in, the market is bullish in the future;
Final viewpoint: Rising


NASDAQ100index

chart4NASDAQ100index  Daily level
Technical indicators
MA5-MA10        RSI
53        59
Weak bull        neutral

Comprehensive judgment:
Structurally, it is expected to consolidate at a high level and will revolve around15143Expand the oscillation;
RSIEntered neutral zone from overbought zone, latest value59Looking for fluctuations in the future market;
MA5-MA10Above the zero axis, but there are signs of a decrease in the bar line, indicating a weak bullish outlook in the future;
The Federal Reserve's interest rate decision did not have a significant impact on US stocks;
Final viewpoint: Shockwave

Disclaimer:
1The above analysis only represents the analyst's perspective. There are risks in the foreign exchange market and investment needs to be cautious.
2、ATFXWe will not be responsible for any profit or loss that may arise from the direct or indirect use or reliance on this information.