Hey there mates. This is news day. Generally on these days we can expect a lot of volatility. Anything can happen, but the market makers can get the liquidity on the 43k level before making a retrace. These are hard days to predict, although, this is my idea of the next developments.
26/01/22 FOMC KOG Report This is our view for FOMC today, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trusted risk strategy in place. The markets are extremely volatile and can cause aggressive swings in price....
Neutral we have fomc news in4.5 hours which has historially had some affect on this pair it appears some fomo sellers got caught during asian session yesertday. I caught buys as the daily candle closed bullish rejecting our weekly zone. Probably best to wait until fomc and then possibly trade with your bias trading news is risky
After the FOMC statement on interest rates, we are anticipating an upswing on USDCAD. The USD is anticipated to gain value. The entry point at 1.23800-1.23880 is a great entry for our buy as we can place a stop loss close by which we do not lose many pips. The technical analysis has a diagonal support around 1.23750-1.2380 as well as the 50MA and 100MA around the...
Price is corrective right now, but l predict an impulsive move to the upside will occur. I'll be looking to be bullish on USD pair's. And with interest rate later on today l predict price will rise.
Hello Fellow Traders, There is a Interesting Place I would look for a BUY on GBPUSD ! Quick breakdown on GBPUSD. Looks to me price finally is giving us more confirmation, and this upcoming week we could potentially see some bullish opportunities. TAKE NOTE OF THE NEWS! - TRADE SAFE WITH RISK MANAGEMENT! The Best way to follow my Analysis is if the...
fomc chairman is about to speak and it looks like eurnzd is bound for some short reversal. risking 15pips for 41 pips. long eurnzd as corection phase iv can't overlap impulse wave i hence we will sell after this 40pips buy
Hello Fellow Traders, Here is a Full Updated Analysis on XAUUSD. BTW, Im still Bearish on Gold :) The Best way to follow my Analysis is if the following conditions apply. Conditions - 1. Wait for the Market to Show you some Rejection / Confirmation / Direction 2.Wait for confirmation(Price Action Confirmation Aka . Pinbar , Bullish engulfing / Break of...
Based on how this trend is developing from the GDP and FOMC news statement, GBPUSD is looking like a buy right now. Please continue to pay close attention to this pair of the development of an uptrend for a buy. TP: 1.247-1.25
Hey tradomaniacs, welcome to another free trade-plan. Important: We are trading ahead the FOMC which begins in 1 hour! Since the market is very news-driven any statement can CHANGE everything and cause a whipsaw in the market! Technically we see a fakeout to the upside at a very strong key-resistance. PLEASE do not enter this setup if you are not willing to...
I have made a mistake in analysis of daily movements of usdchf, in low time frames there are repeated symmetrical triangles with minimal compeleted movements of the price! So if the patterns show their support breakout and if we assume that there is an unsuccessful bottom head and shoulder pattern with a successful top head and shoulder, we could say that the...
Yesterday, the Fed expectedly raised the rate by 0.25% (among other things, the eighth rate hike since the US monetary policy vector reversal). That is, there were no negative surprises for the dollar in the form of non-availability of rates, as there were also no frankly positive force majors in the way of raising rates by 0.5%. In this regard, the rather mild...
We need to consider Dollar Strengthening with Bitcoin short term prospects. The U.S. Federal Reserve's Federal Open Market Committee (FOMC) will announce whether the interest rates in the U.S. will increase or remain unchanged tonight U.S interest rates will see the Dollar (USD) strengthen Market Consensus: The consensus in the market is that the FOMC will keep...
Shows strong dollar (sell stop) or weak dollar (buy stop) trades