{"id":14251,"date":"2018-05-09T12:08:51","date_gmt":"2018-05-09T20:08:51","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=14251"},"modified":"2018-05-09T22:43:30","modified_gmt":"2018-05-10T06:43:30","slug":"boe-rate-decision-tomorrow-6b_f-5-10-2018","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/boe-rate-decision-tomorrow-6b_f-5-10-2018\/","title":{"rendered":"BOE Rate Decision Tomorrow #6B_F 5.10.2018"},"content":{"rendered":"

____________________________________________________________________<\/em><\/strong><\/p>\n

Voted #1 Blog and #1 Brokerage Services on\u00a0\u00a0TraderPlanet\u00a0 \u00a0for 2016!!<\/em><\/strong><\/p>\n

____________________________________________________________________<\/em><\/strong><\/p>\n\n\n\n
\n
\n
\n
\n
Dear Traders,<\/div>\n
\n
\n
\n\n\n\n
\n
Thursday \/ May 10th\u00a0\/ 07:00 EST \/ 11:00 GMT<\/div>\n
BOE Interest Rate Decision:
\nHawkish hold in the cards?<\/strong><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
<\/div>\n
\n\n\n\n
\n
The Market Focus<\/div>\n
No change in policy is expected. The recent run of disappointing economic data has forced the market to push out the next rate hike expectation until Q3. This has also substantially decreased the likelihood of further rises through the remainder of 2018. Nevertheless, analysts believe that the BOE is likely to signal that holding the policy rate steady in May would only be a delay in its gradual normalization scheme.<\/div>\n
Only a few weeks ago a May rate hike seemed like a done deal but appears unlikely now. OIS now suggest the odds of a rate hike at 10% (down from 85% a month ago).<\/div>\n
What the News Desk Says<\/div>\n
In lieu of dovish comments and disappointing economic indicators, analysts believe a rate hike will be postponed until the August meeting.<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
<\/div>\n
Hear live BOE Rate Decision coverage on TradeTheNews.com<\/a><\/div>\n<\/div>\n
\n
<\/div>\n
If you like to set up a time and chat with a licensed series 3 broker, please\u00a0contact us<\/a>.<\/b><\/div>\n<\/div>\n<\/div>\n<\/div>\n
<\/div>\n<\/div>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/p>\n

Good Trading!<\/strong><\/p>\n

Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors.\u00a0 You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.<\/p>\n

Futures Trading Levels<\/strong><\/p>\n

5-10-2018\u00a0<\/strong><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Contract June 2018<\/td>\n\u00a0SP500 #ES_F<\/td>\nNasdaq100\u00a0 #NQ_F<\/td>\nDow Jones\u00a0 #YM_F<\/td>\nMini Russell #RTY_F<\/td>\nBitCoin Index #XBT_F<\/td>\n<\/tr>\n
Resistance 3<\/td>\n2742.67<\/td>\n7021.50<\/td>\n24884<\/td>\n1621.27<\/td>\n9834.06<\/td>\n<\/tr>\n
Resistance 2<\/td>\n2721.33<\/td>\n6961.25<\/td>\n24713<\/td>\n1610.93<\/td>\n9598.24<\/td>\n<\/tr>\n
Resistance 1<\/td>\n2709.17<\/td>\n6928.75<\/td>\n24609<\/td>\n1603.97<\/td>\n9439.15<\/td>\n<\/tr>\n
Pivot<\/td>\n2687.83<\/td>\n6868.50<\/td>\n24438<\/td>\n1593.63<\/td>\n9203.33<\/td>\n<\/tr>\n
Support 1<\/td>\n2675.67<\/td>\n6836.00<\/td>\n24334<\/td>\n1586.67<\/td>\n9044.24<\/td>\n<\/tr>\n
Support 2<\/td>\n2654.33<\/td>\n6775.75<\/td>\n24163<\/td>\n1576.33<\/td>\n8808.42<\/td>\n<\/tr>\n
Support 3<\/td>\n2642.17<\/td>\n6743.25<\/td>\n24059<\/td>\n1569.37<\/td>\n8649.33<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Contract<\/td>\nJune Gold #GC_F<\/td>\nJuly Silver #SI-F<\/td>\nJune Crude Oil #CL-F<\/td>\nJune\u00a0 Bonds\u00a0 #ZB_F<\/td>\nJune\u00a0 Euro #6E_F<\/td>\n<\/tr>\n
Resistance 3<\/td>\n1332.2<\/td>\n16.94<\/td>\n73.25<\/td>\n143 26\/32<\/td>\n1.1996<\/td>\n<\/tr>\n
Resistance 2<\/td>\n1325.0<\/td>\n16.80<\/td>\n72.30<\/td>\n143 17\/32<\/td>\n1.1963<\/td>\n<\/tr>\n
Resistance 1<\/td>\n1318.6<\/td>\n16.66<\/td>\n71.74<\/td>\n143\u00a0 2\/32<\/td>\n1.1922<\/td>\n<\/tr>\n
Pivot<\/td>\n1311.4<\/td>\n16.52<\/td>\n70.79<\/td>\n142 25\/32<\/td>\n1.1889<\/td>\n<\/tr>\n
Support 1<\/td>\n1305.0<\/td>\n16.38<\/td>\n70.23<\/td>\n142 10\/32<\/td>\n1.1848<\/td>\n<\/tr>\n
Support 2<\/td>\n1297.8<\/td>\n16.24<\/td>\n69.28<\/td>\n142\u00a0 1\/32<\/td>\n1.1815<\/td>\n<\/tr>\n
Support 3<\/td>\n1291.4<\/td>\n16.10<\/td>\n68.72<\/td>\n141 18\/32<\/td>\n1.1774<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Contract<\/td>\nJuly\u00a0 Corn #ZC_F<\/td>\nJuly Wheat #ZW_F<\/td>\nJuly Beans #ZS_F<\/td>\nJuly SoyMeal #ZM_F<\/td>\nJune Nat Gas #NG_F<\/td>\n<\/tr>\n
Resistance 3<\/td>\n407.1<\/td>\n523.3<\/td>\n1032.58<\/td>\n390.90<\/td>\n2.79<\/td>\n<\/tr>\n
Resistance 2<\/td>\n405.9<\/td>\n519.0<\/td>\n1027.42<\/td>\n388.80<\/td>\n2.77<\/td>\n<\/tr>\n
Resistance 1<\/td>\n404.3<\/td>\n514.8<\/td>\n1021.58<\/td>\n387.30<\/td>\n2.75<\/td>\n<\/tr>\n
Pivot<\/td>\n403.2<\/td>\n510.5<\/td>\n1016.42<\/td>\n385.20<\/td>\n2.74<\/td>\n<\/tr>\n
Support 1<\/td>\n401.6<\/td>\n506.3<\/td>\n1010.6<\/td>\n383.7<\/td>\n2.7<\/td>\n<\/tr>\n
Support 2<\/td>\n400.4<\/td>\n502.0<\/td>\n1005.42<\/td>\n381.60<\/td>\n2.71<\/td>\n<\/tr>\n
Support 3<\/td>\n398.8<\/td>\n497.8<\/td>\n999.58<\/td>\n380.10<\/td>\n2.69<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Economic Reports<\/strong><\/p>\n

Source:\u00a0http:\/\/app.bettertrader.co<\/a><\/p>\n

\"Economic
\nThis is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts\u00a0here in\u00a0contained are derived from sources believed to be\u00a0reliable,\u00a0but are not guaranteed as to\u00a0accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own\u00a0judgement\u00a0in trading.<\/p>\n","protected":false},"excerpt":{"rendered":"

____________________________________________________________________ Voted #1 Blog and #1 Brokerage Services on\u00a0\u00a0TraderPlanet\u00a0 \u00a0for 2016!! ____________________________________________________________________ Dear Traders, Thursday \/ May 10th\u00a0\/ 07:00 EST \/ 11:00 GMT BOE Interest Rate Decision: Hawkish hold in the cards? The Market Focus No change in policy is expected. The recent run of disappointing economic data has forced the market to push out […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67],"tags":[1343,1344],"class_list":["post-14251","post","type-post","status-publish","format-standard","hentry","category-future-trading-news","tag-boe-rate-decision","tag-trading-levels-and-reports"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/14251","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/comments?post=14251"}],"version-history":[{"count":3,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/14251\/revisions"}],"predecessor-version":[{"id":14256,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/14251\/revisions\/14256"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=14251"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=14251"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=14251"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}