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People, be careful : looks like a whipsaw preparing. If they don't move higher in next 5-10 minutes, it can easily happen
and the response was a quick 60 pips on the news candle. We still got the FOMC in the afternoon and a possible repeat of the same.
Or they are already pricing in the FOMC? FOMC is much more predictable than this measly 0.2% inflation raise (which, btw, can be a simply a result of a standard error in calculation). The usual stuff
What EURUSD lost yesterday gained today and now they are going to use FOMC statement for profit collection (London session will be dead tomorrow - holiday in Europe).
Is there really anybody that was expecting that FED will change rates?
Yellen clearly stated that there will be no rate change consideration till at least mid 2015
not that i've read "running the economy for dummies" but presumably it says only put up interest rates once nr the top of a Housing bubble, then at least they can say they saw it coming
but if they don't do something soon we'll all be in a bigger mess than last time
happy days
not that i've read "running the economy for dummies" but presumably it says only put up interest rates once nr the top of a Housing bubble, then at least they can say they saw it coming
but if they don't do something soon we'll all be in a bigger mess than last time
happy daysExcept for the 0.6% that will soon own our souls too. They are living their happiest days
Great visit of the GBPUSD to the 1.6900 level. Another visit could give us another bounce to the downside, but may get a breakout of this level. If that is the case, then we should wait for the pullback for a possible long entry.
EURUSD is back where it was all the time - yesterday fall was just another dip buying opportunity creation. 1.38 will not let it down
With a short support break that did not hold for more than 24 hours, EURUSD is back on bullish trend again (which it never left). To make sime substantial change - to weaken the Euro - ECB will finally have to do something. Traders and the market do not believe to "talking down" measures done by Draghi and other ECB members, and without change in policy from "just talk" to "finally do something" there will be no change in trend
Today we are probably going to see a 1.39 level break (regardless of US unemployment numbers, Yellen will make sure with her speech today that it happens). The currency war continues and Euro is losing - big