Forexforecast
EURUSD | Will the Fed Increase Interest Rates By 75 bps? EURUSD | Will the Fed Increase Interest Rates By 75 bps?
In my opinion, speculation about the FOMC is getting too high.
Everyone is only focused on CPI data and FOMC data. No one cares about other countries at all and that is not good at all.
The problem is that the market is just speculating and not sensitive to numbers at all.
What I expect is that we may see the FOMC make a normal decision as expected
75 bps but also 50 bps is normal. Afterward, the same news providers will say 50 bps to 75 bps were expected and the EURUSD will rise again....
Another option is that the FED may raise interest rates only by 50 bps as they may not want to show
all weapons at once as they may not have anything to use for the next few months after that.
It is also discussed that the FED will not hold these rates for long.... so it gets more complicated
PS: I am more bullish than bearish on EURUSD at this moment considering that ECB is taking
further steps to support the Eurozone.
Both scenarios are possible from the technical perspective...just positioned yourself where do you feel more comfortable...
also not trading at all is another good option :)
Thank you and Good Luck!
💵Australian Dollar/Japanese Yen 💵Analyze !!!Australian Dollar/Japanese Yen was reversed from the top of the ascending channel by a Shooting 💫Star💫 Candlestick Pattern.
I expect that the Australian Dollar/Japanese Yen will go down to the lower line of ascending channel.
🔅Australian Dollar/Japanese Yen Analyze ( AUDJPY ) Timeframe 1H⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
EURUSD : This decline is an opportunityThe decline that occurred in the current EURUSD has returned its price in 2002. As we know since 2008 the trading volume of the EURUSD currency has increased and is getting large at the end of 2014 until now.
the current correction have 2 support levels that are starting to close, namely 0.98622 and 0.84499.
Whether this is an opportunity or a concern, according to #kafein this is a rare opportunity that should be seized. BUY-LONG
💵Euro/Japanese Yen 💵Analyze !!!Euro/Japanese Yen pulled back from the resistance line & EMA 50(Daily TF) by heavy volume Shooting 💫Star💫 Candlestick Patten(It is more valid).
I expect Euro/Japanese Yen goes down at least until the support line. After that, we have to wait for the scenarios that I drew in my chart.
🔅Euro/Japanese Yen Analyze (EURJPY) Timeframe 4H⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
💵Swiss Franc/New Zealand Dollar 💵Analyze !!!I expect the Swiss Franc/New Zealand Dollar goes up to my PRZ(Price Reversal Zone) and then reverse from that zone to the support zone.
🔅Swiss Franc/New Zealand Dollar Analyze (CHFNZD) Daily Timeframe ⏰.
🔴Price Reversal Zone (PRZ): 1.7375NZD - 1.7155NZD
🟢Support Zone: 1.6520 NZD - 1.6430 NZD
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
💵U.S.Dollar/Canadian Dollar 💵Analyze !!!U.S.Dollar/ Canadian Dollar is making a Double Three Correction (WXY).
I expect that the microwave Y will finish in my PRZ(Price Reversal Zone)& TRZ(Time Reversal Zone) and near the resistance line. After that, U.S.Dollar/ Canadian Dollar can go down to the middle line of ascending channel, and in the next step, it is close to the support line.
🔅U.S.Dollar/ Canadian Dollar Analyze ( USDJPY ) 2H Timeframe⏰
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe.