Get started

Fomcnews

XAUUSD - KOG REPORT - FOMC!26/01/22 FOMC KOG Report This is our view for FOMC today, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trusted risk strategy in place. The markets are extremely volatile and can cause aggressive swings in price. We’re going to follow on from the KOG report published on Sunday for this FOMC report where we detailed our plan for the week. We suggested we would be testing the short once the Asian session had pushed the price up on market opening into the levels of 1835, 1830 and below that the region of 1827. This is where we have been waiting for the price to find support so we can potentially look at taking the long trade. So based on our plan, we are now approaching the levels we have been waiting for to go long on the price. We didn’t however imagine it to be in tandem with FOMC! We have published the one hour chart and will say this chart is only applicable for FOMC and the movement straight after the release. We will be looking at this with two scenarios in mind. Scenario 1: We will be looking for the price to push down into our target levels below where if we see strong resistance we will be looking to take the long trade into the higher resistance levels of 1837 and above that 1842. This is where we would like to remove a majority of the trade and see if it breaks up above these levels. There is a chance the 1842 level may hold strong and we the price turns here to test that low again before then coming back up. Scenario 2: This would be the ideal scenario for us. We would like to see the price push up from where we start, target the higher levels of 1842, 1850-55 and above that 1860. We want to see a test on the 1865 supply region where we will be waiting to short the market. We’re not going to use the weak levels for this FOMC rather wait for the extreme high or lows before we get it. Its really not worth risking your account for one nights movement! Please trade this safely, as we said above, if you are less experienced in these markets please stay out of it. The trade will always come, its best not to chase it and get involved in the noise. Hope this helps fellow traders. As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
8
USDCAD LONGAfter the FOMC statement on interest rates, we are anticipating an upswing on USDCAD. The USD is anticipated to gain value. The entry point at 1.23800-1.23880 is a great entry for our buy as we can place a stop loss close by which we do not lose many pips. The technical analysis has a diagonal support around 1.23750-1.2380 as well as the 50MA and 100MA around the same region which can also be used as support levels. This gives us a great entry for a buy, by which we would be continuing the current short term uptrend which can be best observed on the 4H time frame. Else breaking this region, would be continuation of the longer term downtrend, and we can anticipate a further fall to maybe 1.2350 level and a potential drop to 1.1900. Until we break stop loss region we favour the bullish momentum. A good place to take profit on this trade would be around the 1.4650 region and Stop loss at 1.23690
Long
by TakeProfitExperts
1
FOMC Forecast for GBPUSD!Hello Fellow Traders, There is a Interesting Place I would look for a BUY on GBPUSD ! Quick breakdown on GBPUSD. Looks to me price finally is giving us more confirmation, and this upcoming week we could potentially see some bullish opportunities. TAKE NOTE OF THE NEWS! - TRADE SAFE WITH RISK MANAGEMENT! The Best way to follow my Analysis is if the following conditions apply. Conditions - 1. Wait for the Market to Show you some Rejection / Confirmation / Direction 2. Wait for confirmation(Price Action Confirmation Aka . Pinbar , Bullish or Bearish engulfing / Break of structure Aka Support Or Resistance) 3. Do your Own analysis! (Draw Trend Lines / Support & Resistance Zones / SND ) 4. Always Use Risk Management (Risk 1% of your capital) 5. Entry Should be Made on The 4H Timeframe (Only if you have Confirmation) 6. Trade at own risk. 7. Show some support Below (Like , Comment , Follow & share) Let Me know if you have any Questions or Comments Below Happy Trading & Goodluck! See You in the next Analysis! Global Fx Education
Long
by Global_Fx
1
XAUUSD and FOMC Press Conference! Hello Fellow Traders, Here is a Full Updated Analysis on XAUUSD. BTW, Im still Bearish on Gold :) The Best way to follow my Analysis is if the following conditions apply. Conditions - 1. Wait for the Market to Show you some Rejection / Confirmation / Direction 2.Wait for confirmation(Price Action Confirmation Aka . Pinbar , Bullish engulfing / Break of structure Aka Support Or Resistance) 3.Do your Own analysis! (Draw Trend Lines / Support & Resistance Zones / SND ) 4.Always Use Risk Management (Risk 1% of your capital) 5.Entry Should be Made on The 4H Timeframe (Only if you have Confirmation) 6.Trade at own risk. 7.Show some support Below (Like , Comment , Follow & share) Let Me know if you have any Questions or Comments Below Happy Trading & Goodluck! See You in the next Analysis! Global Fx Education
FX_IDC:XAUUSDShort
by Global_Fx
3
AUD/JPY SELL SIGNALHey tradomaniacs, welcome to another free trade-plan. Important: We are trading ahead the FOMC which begins in 1 hour! Since the market is very news-driven any statement can CHANGE everything and cause a whipsaw in the market! Technically we see a fakeout to the upside at a very strong key-resistance. PLEASE do not enter this setup if you are not willing to trade with a high risk in a volatile market. Type: Daytrade Market-Order-Sell: 67,650 Stop-Loss: 68,070 Target 1: 67,210 Target 2: 66,950 Target 3: 66,540 Stop-Loss: 42 pips Risk: 0,5-1% Risk-Reward: 3,0 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Short
by Trading2ez
“Summing up the FOMC meeting: what shall we do with the dollar.” Yesterday, the Fed expectedly raised the rate by 0.25% (among other things, the eighth rate hike since the US monetary policy vector reversal). That is, there were no negative surprises for the dollar in the form of non-availability of rates, as there were also no frankly positive force majors in the way of raising rates by 0.5%. In this regard, the rather mild reaction of the dollar, in general, is understandable. But as we have already noted, the devil will be covered in detail. Namely in the comments of the Fed on the future of monetary policy. They will determine the dynamics of the dollar. To our point of view, comments have been more than aggressive but again, in general, there were expected. Let's start with the so-called "dot plot" - the plan of the Fed to raise rates. He was quite aggressive before, but after yesterday's the FOMC meeting began to look even more "tough." According to the updated plan, we are waiting for another rate increase in 2018 (this will be the fourth (!) the Fed’s rate hike this year). Besides, the Central Bank plans to increase the rate three more times over the coming year. As we can see, forecasts are incredibly aggressive, especially amid others key World Central Banks policy, which either hold the rate sustainable (Bank of Japan, ECB) or increase it quite rarely and haphazardly overall (referring to the Bank of England and the Bank of Canada). That is, the differential of interest rates will grow in favor of the dollar. So, the dollar will become more and more attractive to "profit-seekers." Which let us a basis to recommend buying a dollar in the foreign exchange market. This is supported by the Fed's updated forecasts on the economic growth of the United States. In particular, the outlook for GDP growth was raised, and it was also noted that the labor market situation is stable, and inflation remains near the target level of 2%. We attribute the results of the FOMC meeting to the dollar. The Fed continues to tighten monetary policy whereas the economy is in excellent shape. All combined, and also in comparison with other developed countries, gives us a reason for recommending for buying the dollar. First of all, this can be done against the euro, as well as the Japanese yen.
TVC:DXYLong
by Trade24Fx
Interest rates effect on $BTCUSD from current timeframeWe need to consider Dollar Strengthening with Bitcoin short term prospects. The U.S. Federal Reserve's Federal Open Market Committee (FOMC) will announce whether the interest rates in the U.S. will increase or remain unchanged tonight U.S interest rates will see the Dollar (USD) strengthen Market Consensus: The consensus in the market is that the FOMC will keep interest rates unchanged at 2.00%. An additional increase in U.S. interest rates is expected before the end of the year if market conditions allow Bullish Moves Im not expecting Bulls to break out yet. :( Sorry to say "Buy Order: Breakout will ONLY occur when 2 Daily candles close above 8400 (Around Green Area ) or moves above 8666 in a single day above 8400 (Around Green Area ) or above 8666" If testing 7750 succeeds and candle on the daily charts closes above this line(7750) I will execute one Buy order with tp 8380 and another with Target open for Moon Trade Stoploss on these two trades will both be 7520 to give a bit of room to breathe Bearish Market Im Leaning towards this one. I have one trade (25%) short with target set at 6000 level, due to the trend seen in the triangle. Stoploss is set at 8666 I'll take one buy order o current level TP at 8350 and I then see another short at 8370 Make these stoplosses tight!
BITFINEX:BTCUSD
by Coinswop
3