EUR/USD : Will it Fly or dive after FOMC?
Hello traders and the entire Tradingview Community! Exciting FOMC event
coming up in a few hours. Even at this time of the year with low volumes, you
can still expect a lot of volatility and price movements during and after FOMC.
I am going to analyze EUR/USD without any bias here.
If you look at the daily chart, you will see that price is still above the 100-day
moving average which is a bullish sign. The area around 1.0740 which was previously
a resistance could work as a support now. If the support holds, and the Fed signals that
rate hikes are done for now, expect EUR/USD to go bullish.
A minor resistance lies around the 1.0830 level.
Note that I currently do not have any open positions in EURUSD.
coming up in a few hours. Even at this time of the year with low volumes, you
can still expect a lot of volatility and price movements during and after FOMC.
I am going to analyze EUR/USD without any bias here.
If you look at the daily chart, you will see that price is still above the 100-day
moving average which is a bullish sign. The area around 1.0740 which was previously
a resistance could work as a support now. If the support holds, and the Fed signals that
rate hikes are done for now, expect EUR/USD to go bullish.
A minor resistance lies around the 1.0830 level.
Note that I currently do not have any open positions in EURUSD.
Nota
As expected price went bullish
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.