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Euro / U.S. Dollar
Short

Market Sentiment Divergence Between The Feds and ECB

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During the FOMC press statement, there is an irrational reaction from the market. The market anticipated $10 billion reduction in bond purchases and the actual figure came out $15 billion. Even though the fundamentals supported the EURUSD bears, the market shot up. However, after the market calms down, the direction was as anticipated.
chowchowtrader
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analysisChart PatternsFundamental AnalysistechnicaltradesignalTrend Analysis

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analysisChart PatternsFundamental AnalysistechnicaltradesignalTrend Analysis
chowchowtrader
Also on:

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.