The interest rate decision of the US Federal Reserve, which is expected by the markets and which is important for the markets, has been announced. The Fed has increased interest rates by 25 basis points. It increased the policy rate from 5.25% to 5.5%. We have seen that the FED has increased the interest rates since March 2022.
What should the investor do until the end of the year, especially after these interest rate hikes? Which developments can be experienced in which instruments?
Since the markets bought the decision in advance after the FED's interest rate decision, there was no major fluctuation in the pricing in the first place. In the coming hours, we will definitely see a fluctuation and a fluctuation in the new pricing in the markets.
I think the 1.0980 level in Euro-Dollar parity gives a good opportunity to make parity. I think it is the last buying opportunity of the year. At the end of the year, I have an expectation of 1.12, followed by 1.15. 1.12 level realized. We saw a profit sale here. In the next attacks, that is, after the 1.0980 level is tested, we will see a rapid attack above the 1.13 level. So be careful, opportunities come and go quickly.
There will be a final retreat to the 1938 level in the price of an ounce of gold. From here, we will quickly see attacks above the $2000 level in the coming weeks. I'm talking about 2020 2040 2060 dollars. So in the coming weeks, be prepared for attacks above the $2000 level in the first week of August. The current levels are pricing Powell's statements. Above is 1980 resistance but below is 1938 support. When you regress here, I think it is necessary to make a good decision in the direction of purchase. My prediction regarding the level of 2150 dollars, 2250 dollars and 2350 dollars at the end of the year continues this year. However, it can also complete the year at the level of 2150 2175 dollars. Because central banks did not give up control. Their markets continue to suppress commodity prices. But when the $2150 level comes, a comment and a roadmap are needed again. It is worth repeating. The 1938 dollar level is a recent decline. We are faced with a gold price that will make attacks above the 2000 dollar level.
Most likely, the 102 level in the dollar index will be broken upwards. Then, a dollar index that quickly retreated below the 100 level will be in front of us.
If a short-term pullback is possible for an ounce of silver, I care about the $23.8 support level. But it will quickly target the $26 and $28 levels and it will be a quick rise. Investors who have silver in hand should continue to wait. It can be considered as an opportunity to make additions as it will be short-term in declines and withdrawals.
There are 28880 support levels for Bitcoin. The printing process is still ongoing. But with a rapid rise from here, we will see the 32000 dollar levels again in the coming weeks. In other words, I do not think that the decreases in cryptocurrencies will be permanent.
My opinions are not investment advice. Please do your own research.