Eurusd/gbpusd - page 1856
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It seems that the announcement of FOMC's rate decision tomorrow will tell us if price will continue moving up or back down.
Judging from all that happens, FED will be forced to tell "the good news". Otherwise everybody would start to speculate that what we all know (false data rigged by FED) is hiding something much bigger, and then SNB move would be like a breeze compared to what could happen
It seems that the announcement of FOMC's rate decision tomorrow will tell us if price will continue moving up or back down.
True, prices are settled just below 1.0600 before tomorrow FOMC's rate decision. The Federal Reserve is expected to remove the word 'patient' from its language at tomorrow’s statement.
I have afeeling that we shall have an interesting day tomorrow. All is set up for something like that. Including the lack of volume
The GBPUSD has found a good support at the 1.4700 level. If the dollar keeps rallying, we may see a breakdown of that level.
Good luck guys with the FOMC
With such a tight range it is bound to whipsaw
Good luck guys with the FOMC With such a tight range it is bound to whipsaw
It is always like that on FOMC days - the price will change just in order to b changed. FOMC days always reminded me of gambling
Front running already started
Front running already started
Nagh
That was not front running. It was simply algos doing their thing. Now they are dumping opened position (coming back to daily open price) and are waiting for HFT data bought by their bosses from Buffet & Co. so that they can front run that couple of seconds before we (retail traders) react
Front running already started
Yep, front running has already started, eur/usd is trading a little above 1.0600 level, we can find the immediate resistance at 1.0628.