{"id":21569,"date":"2025-05-08T13:31:50","date_gmt":"2025-05-08T20:31:50","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=21569"},"modified":"2025-05-08T13:31:50","modified_gmt":"2025-05-08T20:31:50","slug":"fomc-3","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/fomc-3\/","title":{"rendered":"FOMC Key Takeaways from CME, Dollar Index; 4 Important Need-To-Knows When Trading Futures Tomorrow"},"content":{"rendered":"
<\/p>\n
FOMC Takeaways<\/h1>\n
\n\n
\n
\n
\n\n
\n
\n
\n\n
\n
\n
\n\n
\n
\n
\n\n
\n
\n
FOMC Key Takeaways with Craig of CME Group<\/h3>\n
The awaited Fed Interest Rate decision was released yesterday, and as expected, the Fed kept the interest rates unchanged\u00a0while signaling that rate cuts could be on the horizon for the remainder of the year.<\/p>\n
With this announcement, the equity indices initially broke to the downside and then were able to recover at the end of the session. Gold, Silver, and Crude Oil all traded lower today after seeing strong gains to start the week.<\/p>\n
FOMC<\/strong><\/p>\n
The CME Fed Watch Tool has been moving today with the interest rate decision along with the volatility in different markets, and seeing the changes over time can be beneficial.<\/p>\n
This morning at 9:00 A.M. Central Time, the tool was pricing in a pause for the June meeting with a 69% probability, and that figure went up to 76% as of 3:00 Central Time after hearing remarks from Powell.<\/p>\n
In a similar way, the probability for a rate cut at the July meeting remained the same near 56%. What this tells traders is that the market is pricing in a higher chance of the first interest rate cut coming at the July meeting instead of the previous expectation of the June meeting.<\/p>\n
Would you like to view daily updates\/takeaways and general research?<\/em><\/h3>\n
The PriceCount study is a tool that can help to project the distance of a move in price. The counts are not intended to be an \u2018exact\u2019 science but rather offer a target area for the four objectives which are based off the first leg of a move with each subsequent count having a smaller percentage of being achieved. <\/em><\/p>\n
It is normal for the chart to react by correcting or consolidating at an objective and then either resuming its move or reversing trend. Best utilized in conjunction with other technical tools, PriceCounts offer one more way to analyze charts and help to manage your positions and risk. <\/em><\/p>\n
Learn more at www.qtchartoftheday.com<\/em><\/p>\n
Trading in futures, options, securities, derivatives or OTC products entails significant risks which must be understood prior to trading and may not be appropriate for all investors. Past performance of actual trades or strategies is not necessarily indicative of future results.<\/em><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
\n\n
\n
\n
\n\n
\n
\n
Daily Levels for May 9th 2025<\/h1>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
Want to feature our updated trading levels on your website?\u00a0Simply paste a small code, and they’ll update automatically every day!\u00a0<\/em><\/h3>\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.\u00a0You 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.<\/em><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
![\"\"](\"https:\/\/files.constantcontact.com\/3dc00ef7001\/9dc1e02e-d5f7-4ff4-abf7-1df60775f196.png?rdr=true\" "\\"\\"")
<\/p>\n![\"\"](\"https:\/\/imgssl.constantcontact.com\/letters\/images\/1101116784221\/S.gif\" "\\"\\"")
<\/td>\n![\"\"](\"https:\/\/files.constantcontact.com\/3dc00ef7001\/73ecc020-47a6-45ae-93fd-242aa08058fa.png?rdr=true\" "\\"\\"")
<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n![\"\"](\"https:\/\/files.constantcontact.com\/3dc00ef7001\/332f851e-9380-4512-83f4-0ca9337e446e.png?rdr=true\" "\\"\\"")
<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n![\"\"](\"https:\/\/files.constantcontact.com\/3dc00ef7001\/822b33c5-2339-45ed-bc84-e9c8f8c7358e.png?rdr=true\" "\\"\\"")
<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n![\"\"](\"https:\/\/files.constantcontact.com\/3dc00ef7001\/8ae5b15c-4faf-4b03-bc21-79185307a5fc.png?rdr=true\" "\\"\\"")
<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n![\"\"](\"https:\/\/ci4.googleusercontent.com\/proxy\/7kJuSXfr6c2EADmOeEAcM7mSso0u8a_i6X34OgYh_LR6D5TqLuPBwntxgg2tsaKqlZqaCFJEYHw3tJuMXrJ-0ikOkUdZqDGIZXxEvzi_I0U6GXWTXlTxPc6ieb-gK0j9aE_ScfcNVOKkCGyEHuDeVKU=s0-d-e1-ft#https:\/\/emailsignature.trustpilot.com\/newsletter\/en-US\/2\/581795fd0000ff000596d6a7\/stars.png\" "\\"\\"")
<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n![\"Facebook\"](\"https:\/\/imgssl.constantcontact.com\/letters\/images\/CPE\/SocialIcons\/circles\/circleBlack_Facebook_v4.png\" "\\"\\"")
<\/a>\u00a0\u00a0![\"Instagram\"](\"https:\/\/imgssl.constantcontact.com\/letters\/images\/CPE\/SocialIcons\/circles\/circleBlack_Instagram_v4.png\" "\\"\\"")
<\/a>\u00a0\u00a0![\"LinkedIn\"](\"https:\/\/imgssl.constantcontact.com\/letters\/images\/CPE\/SocialIcons\/circles\/circleBlack_LinkedIn_v4.png\" "\\"\\"")
<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n