Hello to all subscribers!
Please feel free to share your personal opinions in the comments. Don’t forget to like and subscribe for more updates!
Key Points
- Reports indicate that the Bank of Japan is considering holding rates steady due to increasing uncertainty in the U.S. economic outlook caused by Trump’s trade policies.
- The Fed is expected to cut rates by 25 basis points at the December FOMC meeting, though projections suggest an upward revision of the dot plot. A rate hold is anticipated in January.
- The European Central Bank (ECB) decided on a 25 basis point rate cut. Some members dismissed the possibility of a 50 basis point cut, showing support for gradual 25 basis point reductions.
- The Bank of England (BOE) is expected to maintain its policy rate at 4.75%.
Key Economic Data
+ December 17: U.S. November retail sales
+ December 18: U.K. November Consumer Price Index (CPI), Eurozone November CPI, FOMC meeting results
+ December 19: Bank of Japan (BOJ) rate decision, BOE rate decision
+ December 20: U.S. November Personal Consumption Expenditures (PCE) Price Index
EUR/USD Chart Analysis
EUR/USD is currently consolidating within a narrow range. If it breaks above the resistance at 1.06000, an increase to 1.07500 is expected. Conversely, if it breaks below the support at 1.04500, a drop to 1.03400 is anticipated.
At the current price, a short-term rise toward the 1.06000 level is likely.
If the market behaves differently than expected, I’ll quickly adjust the strategy.
Please feel free to share your personal opinions in the comments. Don’t forget to like and subscribe for more updates!
Key Points
- Reports indicate that the Bank of Japan is considering holding rates steady due to increasing uncertainty in the U.S. economic outlook caused by Trump’s trade policies.
- The Fed is expected to cut rates by 25 basis points at the December FOMC meeting, though projections suggest an upward revision of the dot plot. A rate hold is anticipated in January.
- The European Central Bank (ECB) decided on a 25 basis point rate cut. Some members dismissed the possibility of a 50 basis point cut, showing support for gradual 25 basis point reductions.
- The Bank of England (BOE) is expected to maintain its policy rate at 4.75%.
Key Economic Data
+ December 17: U.S. November retail sales
+ December 18: U.K. November Consumer Price Index (CPI), Eurozone November CPI, FOMC meeting results
+ December 19: Bank of Japan (BOJ) rate decision, BOE rate decision
+ December 20: U.S. November Personal Consumption Expenditures (PCE) Price Index
EUR/USD Chart Analysis
EUR/USD is currently consolidating within a narrow range. If it breaks above the resistance at 1.06000, an increase to 1.07500 is expected. Conversely, if it breaks below the support at 1.04500, a drop to 1.03400 is anticipated.
At the current price, a short-term rise toward the 1.06000 level is likely.
If the market behaves differently than expected, I’ll quickly adjust the strategy.
네이버 카페 :
cafe.naver.com/autumnis
오픈 카톡방 :
pf.kakao.com/_txlKqxj/chat
텔레그램 :
t.me/shawntimemanager
cafe.naver.com/autumnis
오픈 카톡방 :
pf.kakao.com/_txlKqxj/chat
텔레그램 :
t.me/shawntimemanager
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
네이버 카페 :
cafe.naver.com/autumnis
오픈 카톡방 :
pf.kakao.com/_txlKqxj/chat
텔레그램 :
t.me/shawntimemanager
cafe.naver.com/autumnis
오픈 카톡방 :
pf.kakao.com/_txlKqxj/chat
텔레그램 :
t.me/shawntimemanager
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.