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Ratedecision

EurUsd Fed's Rate Decision | Sideway or Downtrend? My personal opinion on price movement based on Fed Decision. Fed Decision: 1. Interest rate Increase (Most likely) USD temporarily become strong. Price will drop until 1.05300 and slowly climb back to 1.07500 2. No Changes in Interest Rate (Pausible) Price will retest at 1.06500 or Will possibly break resistance 1.08000 3. Interest rate Decrease (Unlikely) Price break above 1.08000. Market will trade between 1.08000 - 1.10000.
Long
by Khairi_RL
1
EURCAD: Testing Strong Resistance Before FED & ECB DecisionsThe EURCAD currency pair has been in an uptrend recently, but price has faced resistance and has failed to break through it. As traders, it's important to keep a close eye on key levels, such as the trendline and the dotted support line, to determine the next potential move in the market. With the upcoming Federal Reserve rate decision, traders are advised to wait before entering any new positions. The Federal Reserve is widely expected to make an announcement on monetary policy, which could impact the EURCAD and other currency pairs. It's also important to note that the European Central Bank is scheduled to announce its monetary policy decision just a day after the Federal Reserve, which could also have a significant impact on the EURCAD. This means that traders should be extra cautious and manage their positions carefully after the Federal Reserve rate decision. In conclusion, the EURCAD is in an uncertain state and traders should wait for the outcome of the Federal Reserve and ECB rate decisions before making any new moves. Stay vigilant, stay informed, and good luck in your trading endeavors!
Short
by natron
2
EURUSD: Gains should be limited!EURUSD Intraday - We look to Sell at 0.9992 (stop at 1.0042) The medium term bias remains bearish. We are assessed to be in a corrective mode higher. Reverse trend line resistance comes in at 0.9995. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower. Our profit targets will be 0.9881 and 0.9850 Resistance: 1.0000 / 1.0325 / 1.0800 Support: 0.9880 / 0.9800 / 0.9700 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Short
by VantageMarkets
1
MS: Medium term bears!Morgan Stanley Short Term - We look to Sell at 87.23 (stop at 89.69) The medium term bias remains bearish. There is scope for mild buying at the open but gains should be limited. Prices expected to stall near trend line resistance. Further downside is expected. Preferred trade is to sell into rallies. Our profit targets will be 80.98 and 79.00 Resistance: 92.40 / 109.00 / 120.00 Support: 81.00 / 72.50 / 53.00 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
NYSE:MSShort
by VantageMarkets
10:1 EUR/GBP Trend Developing***Not Financial Advice*** The EUR/GBP has rotated off of the lowest major framework box in its range signaling that we are headed toward the opposite side of the range, or 1000 pips away at minimum. See EUR/USD for a preview of what this market could do. With the EURO Rate Decision set for Wednesday this week, this could be a high impact event that catalyzes price to start trending. With many factors lining up in our favor, and the wind to our back, this is a trade setup where you can consider placing a heavier position than normal. Multiple trade factors coalescing into a singular conclusion is like being dealt pocket kings. There is still some risk that you're wrong about the trade, but you have the option to be more aggressive in how you play them (read: consider lotting up). May the odds be ever in your favor ***Not Financial Advice***
Long
by AuracleatFungii
AUDUSD:MA to cap gains?!!AUDUSD Intraday - We look to Sell at 0.7075 (stop at 0.7135) We are trading at overbought extremes. The 200 day moving average should provide resistance at 0.7074. This is negative for sentiment and the downtrend has potential to return. We look to sell rallies. Our profit targets will be 0.6900 and 0.6780 Resistance: 0.7130 / 0.7315 / 0.7500 Support: 0.6970 / 0.6780 / 0.6540 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre
Short
by VantageMarkets
November 1 Market Update | Technical, Fundamental, NewsDescription: An analysis for the week ahead. Points of Interest: Two-Day Balance, 100% Retracement Level And LVN Below $3,200. Technical: Broad-market equity indices ended the week lower with S&P 500 retracing nearly 100% of the rally that began after the September sell-off. During Last Week’s Action: Alongside a materialization of the Federal Reserve's growth risk factors -- a lack of fiscal support, resurgence of the COVID-19 coronavirus, as well as a tightening of financial conditions -- U.S. index products showed increased confidence in their exploration lower. Going back, last week started off with a clear break from balance and acceptance below the October 22 excess low, which suggested a change in directional conviction. The selling intensified, after a failed response at the $3,370 high-volume concentration, and continued into Friday’s close, through the $3,330 level, which marked the upper boundary of a low-volume concentration, initially formed by upside directional conviction. Given Friday’s end-of-day rotation, away from value, the week ended within a two-day balance area, providing a clear trading framework for the week that follows. Therefore, if participants were to initiate and spend time outside of the balance area, then it's likely the market will continue in that particular direction. Otherwise, prices will remain range-bound, favoring short-term, responsive trade. Fundamental: Alongside a resurgence of the COVID-19 coronavirus, in a commentary, Bloomberg discussed the notion that the fear of COVID-19 is more impactful on the economy. In support is the following statement by Variant Perception, an independent economic research provider. bloom.bg “As long as policymakers and the media present a more alarmist view of the virus’s impact than can be justified by a dispassionate analysis of the data, recoveries will continue to stutter. On the other hand, an easing of the fear portrayed would likely allow recoveries to accelerate at a much faster rate.” Continuing, Moody’s Capital Markets Research finds that medical professionals claim a second COVID-19 wave will not exact the same toll on hospitalizations and deaths. bit.ly With that, Bloomberg adds that the focus on mandatory lockdowns is overdone since the mere idea of catching the deadly virus invokes voluntary social distancing, which has a greater impact on mobility than the lockdowns. This is validated by IMF data which found that the lifting of the lockdowns generally had a more limited impact than imposing one. As a result, Variant Perception suggests that negative coverage of COVID-19 be lightened. Key Events: Monday: Markit Manufacturing PMI, ISM Manufacturing, Construction Spending, Presidential Election. Tuesday: Factory Orders. Wednesday: MBA Mortgage Applications, ADP Employment Change, Balance of Trade, ISM Non-Manufacturing Business Activity, ISM Non-Manufacturing Employment, ISM Non-Manufacturing New Orders, ISM Non-Manufacturing PMI, ISM Non-Manufacturing Prices, EIA Cushing Crude Oil Stocks Change, EIA Distillate Stocks Change. Thursday: Continuing Jobless Claims, Initial Jobless Claims, Fed Interest Rate Decision, Fed Press Conference. Friday: Non-Farm Payrolls, Unemployment Change, Average Hourly Earnings, Average Weekly Hours, Nonfarm Payrolls Private, Participation Rate, Wholesale Inventories, Consumer Credit Change. Recent News: The U.S. faces the biggest week of 2020 with the election, Fed, and jobs report. bloom.bg High-yield spreads are showing a muted response to ultra-high equity volatility. bit.ly Independent traders doubt new lockdowns in Europe will lead to a further oil rout. bloom.bg BlackRock Inc (NYSE: BLK) will benefit from its 2021 ETF expansion in Brazil. bit.ly Chevron Corp (NYSE: CVX) and Exxon Mobil Corp (NYSE: XOM) cut spending. reut.rs Honeywell International Inc (NYSE: HON) profit beats as cost cuts soften sales hit. reut.rs The October equity market sell-off anticipates a meaningful drop in business sales. bit.ly Tech companies will have to explain how algorithms work under a new EU ruling. reut.rs Johnson & Johnson (NYSE: JNJ) plans to test its COVID-19 vaccine in ages 12-18. reut.rs Cboe Global Markets Inc (BATS: CBOE) tops profit views as retail activity supports. reut.rs Under Armour Inc (NYSE: UA) sees demand for sneakers, masks driving revenue. reut.rs Walmart Inc (NYSE: WMT) unit Sam’s Club and DoorDash team on medicine delivery. reut.rs Joe Biden’s clean-energy ‘revolution’ faces challenge to match fossil-fuel jobs, pay. reut.rs U.S consumer spending beats forecasts; worries over decreasing government money. reut.rs Federal Reserve cut loan minimums, easing terms for Main Street Lending Program. reut.rs Key Metrics: Sentiment: 35.3% Bullish, 29.4% Neutral, 35.3% Bearish as of 10/28/2020. bit.ly Gamma Exposure: (Trending Lower) -78,315,991 as of 10/30/2020. bit.ly Dark Pool Index: (Trending Neutral) 43.6% as of 10/30/2020. bit.ly Disclaimer: This is a page where I look to share knowledge and keep track of trades. If questions, concerns, or suggestions, feel free to comment. I think everyone can improve, especially me. In no way should this post be construed as investment advice.
CME_MINI:MES1!
by Physik
2
NZDUSD - Tomorrow is RBNZ Interest Rate Decision TomorrowRBNZ Interest Rate Decision Tomorrow at 0200 GMT (24/6/2020), the Royal Bank of New Zealand is releasing their interest rate decision. The interest rate decision is based upon business and economic conditions in New Zealand, and typically provides an outlook for coming economic conditions. The consensus is that the interest rate will remain unchanged at 0.25%, the all time low. At the start of 2020 interest rates in New Zealand were at 1.0%, however that was prior to the economic downturn caused by the Coronavirus pandemic. Typically a higher interest rate is positive for the NZD, and a lower interest rate is seen as negative. Regardless of the interest rate decision that the RBNZ releases tomorrow there is no certainty as to how the market will react. It is important for NZD traders to note the time and date of the event, as the RBNZ Interest Rate Decision is classified as a “high impact event”, typically resulting in increased volatility across NZD currency pairs. RBNZ Rate Statement The interest rate decision is accompanied by the RBNZ Rate Statement, containing an explanation of the decision. The Rate Statement comments on economic conditions and gives an insight into the expected future conditions. Fundamental traders are able to gain insight into the New Zealand economy by reading the contents of the RBNZ Rate Statement report. Currently NZDUSD is trading around 0.647, and seems to be making a corrective move in an uptrend.
by ToniSignals
Dax daily: 18 Jun 2020We were unsure about the price development yesterday as no hints were present. We clearly defined the range of 12 151 - 12 494 and the price stayed there all day long. The session was a slow one with the range being relatively narrow. Dax was moving sideways just to close the day near break even. Our zones remain unchanged. Important zones Resistance: 12 494 Support: 12 151 Statistics for today Detailed statistics in the Statistical Application Macroeconomic releases 09:30 CEST - SNB Policy Rate + Statement Today's session hypothesis Dax opens the day with a small descending gap. We anticipate the retest of yesterday's close and trading in the defined range. The nearest S/R zones will play a major role and the price action around either of these will be a decisive factor for further price estimation. The breakout will be a major focus for us. We have a day filled with macroeconomic events so stay alert.
EUREX:FDAX1!
by FTMO
RBA Monetary Policy Meeting. AUDNZD bear domination?!RBA is less likely to provide further support to the Aussie dollar and expect any AUD weakness to be mostly channeled through a lower AUD/NZD, where the monetary policy differential may be more evident (given a neutral RBNZ). Market participants in this cross-currency seem to price in ahead of the meeting where we can see a strong bearish pressure for now in the price action for this cross. We have a key level 1.03753 which acted as support in the past and this level has good weigh as it lines up with weekly pivot point s3 and descending channel lower trendline (acts as supports). Break lower through this key level with good bearish momentum should signal us price can dive more near the major support 1.03131 or even further depending on the outlook reaction after the meeting. If RBA ends up neutral or surprise hike bearish may lose its momentum strength.
Short
by jessi061
1
XAUUSD - GOLD is waiting to go down.Gold has been trading in the range for a long time, now, as Fed is about to make rate decision and it's also time for President Trump to give his decision on Tarriff on China's goods. It's time for Gold to break the range. As seen on the chart, on the bigger time frame, Gold is ranging in a big Triangle and it's only move about just 1/2 of the length of the Triangle which hints that it is likely that Gold will break to the downside. The biggest support and magnet for Gold is the price range of $1400. The strategy: Sell Limit if the price reach 1480 , or sell stop in case price go below 1458. Timing: this Wednesday (GMT) when Fed announce the rate decision. Follow me for further update and other trade ideas.
OANDA:XAUUSD
by Sato_Naka
Wind Back in The Dollar’s Sails?Today’s main event is the Fed meeting with the rate announcement at 20:00 CET. As Fed is widely expected to stand pat, main market mover would be Fed’s new rate projections for 2020. We have 2 main scenarios. The first one is if this evening more committee members forecasting a single rate hike in 2020 or two rate hikes in 2022. In that case, EUR/USD will likely drop below 1.1040, invalidating the bullish higher lows on a daily chart. But the bears will need a clear break under 1.0981 in order to resume the decline from 1.1179 for retesting 1.0879 low. At the moment the pair is testing 38.2% Fibo retracement on the fall from 1.1412 to 1.0879 at 1.1083. Meanwhile, a dovish surprise would be a decline in the median long-run dot bellow September's level of 2.5% and/or participants citing higher inflation as a prerequisite for the next rate hike. This scenario would likely fuel a convincing break above 1.1116. On the upside, a sustainable move above 1.1116 will resume the rise from 1.0981 to 1.1179 resistance. That will also revive the case that correction from 1.1179 has completed and rise from 1.0879 is ready to resume. Keep in mind that before today's FOMC meeting we'll receive the US CPI numbers, which could affect the pair. At the same time, any news regarding delay in US-China tariffs would also trigger some volatility.
by ForexTrendline
USD/CAD Waiting BoCBoC rate decision is the main focus today. For the past 2 weeks, USD/CAD has been traded in a tight range and while no changes are expected from the central bank, Governor Poloz's speech will be watched closely. He could continue to talk about the possibility of an “insurance cut” in coming months, as uncertainty of trade war persists. If Poloz focuses on the downside risks for the economy, USD/CAD could break upward easily but if he emphasizes the appropriateness of current policy, USD/CAD should fall deeply. Also note that in the middle of Nov. the H4 50-day SMA crosses above the 200 SMA. This crossover, known as a ‘golden cross’, is a bullish sign for the pair. On the upside, 1.3327 (high of the current range) is the next resistance line. A clear break above 1.3327 will resume the rise from 1.3042 to 1.3346/82 (October and September's highs) resistance zone. Firm break there will suggest completion of medium-term consolidation from 1.3664. On the downside, a break of 1.3190 will indicate completion of the rebound and turn bias back to the downside for retesting 1.3042 support.
by ForexTrendline
Pricing in Aussi/Greenback retracement!! Small swing setup.Expectations are for the RBA to hold on to any further rate cuts, for now, so the big action is likely to come only if there is a surprise rate cut from the current overnight interest rate of 0.75 percent. After the RBA event, AUD / USD may fall into a "buy-the-rumor, sell-the-news" situation as an interest-rate holding might have been pre-priced. Negative geopolitical headlines (e.g. negativity of trade between the United States and China) may help this retracement to form which should be taken care throughout the weak. TP: 38.20% Fibo Retracement.
Short
by jessi061
AUDUSD buy trade succesful, next: rate decisionHi guy's, in this week's video I mentioned the continuation higher in AUDUSD to fulfill at least the minimum requirements. This has been done and our original buy's have been succesful. Next the rate decision is on the agenda. In my video I also explained the difference between a continuation and an extension. The daily time frame does not show one unique wave to be over. This means; 'IF price moves lower as a result of the rate decision it is an extension lower on daily time frame and not a continuation'. Safe trades!
by TimStuyts
Looking to Long EURGBP on Probable Double BottomOverall uptrend on D1 TF. Looking to long if retest at 0.8744. ISL: 0.8724 (20pips), FTP: .9091 (Fibo R 61.8) Thursday BoE rate decision will see a volatilty in pound. GBPUSD will see a obvious down or up trend. If there is a rate hike, EURGBP will break below 0.8744 and this analysis will be invalid. If is a surprise unchanged rate decision, euro will rebound and strengthen against pound The reward to risk for this analysis is 17: 1
Long
by hzs
GBPCAD - Overextended and Pricing in a weak CADThis is another CAD pair that I look to play. GBP's news this week has not been positive while the coming expected good news such as Manufacturing Production m/m is on Friday and in my opinion the rally yesterday is quite premature especially with CAD rate decision due today. The analysis is related to my USDCAD pick, looking at price action so far the GBPCAD pair can potentially a better play of CAD strength. IG Sentiment again showing net Long so I'll put on a contrarian hat. Technical levels to watch are round numbers 1.62, 1.61 and Pivot levels 1.621, 1.611. I will look to go short nearer to the CAD announcement.
Short
by vietbach1990
EUR/NZD Long Position Entry Levels - NZD Rate DecisionThe EUR has been eating the New Zealand Dollar with a vengeance since Feb 23rd We have seen since then a slight pullback to the 0.23 Fib and then a fail to retest the high of 1.5452 We will enter LONG if the High 1.5452 is compromised and also enter Long is we get another bounce off of the 0.23 fib level we also looking at the 0.38 level & 1.5127 area for a LONG entry The previous rate non-decision (no change) produced a 100+ pip move north over a 7 hour period. Thats a nice pip grab..for a non-event. Good Luck everyone !
Long
by piparmy