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EURUSD
Now Down To Level 1.11420
And Close After +5:25 Hours
Good Luck My Friends
There it went up - it was so obvious
The EUR/USD rose up today ad broke above the 1.1320 resistance level. A consolidation above the 1.1300 level may lead for more gains ahead of Wednesday, when the Federal Reserve will announce its decision on rates.
EUR/USD will probably continue climbing until it reaches the resistance at 1.1440 visible on the weekly filter chart. Depending on the events on next Wednesday it might even continue rising until it reaches the previous high on 1.1713.
Fed statement Wed 16th or Thur 17th New York time?
Fed statement Wed 16th or Thur 17th New York time?
calendar is here : FRB: Meeting calendars, statements, and minutes (2010-2016)
EUR/USD will probably continue climbing until it reaches the resistance at 1.1440 visible on the weekly filter chart. Depending on the events on next Wednesday it might even continue rising until it reaches the previous high on 1.1713.
Resistance is there. but this time it is different : FED is kicking the can for too long time. Market will not tolerate it any more
Resistance is there. but this time it is different : FED is kicking the can for too long time. Market will not tolerate it any more
That is a good assessment : we should not believe the FED
That is a good assessment : we should not believe the FED
Whoever believes them bound to lose
Whoever believes them bound to lose
Chances that FED will hike rates are very slim. Very, very dangerous to trade EURUSD next week