JamesFX
Short

Pre-FOMC thought process

FX:AUDUSD   Australian Dollar / U.S. Dollar
152 0 4
I look into both fundamental and technical analysis to guide my decisions. FOMC minutes in a couple of hours will definitely shape the actions of this pair. Looking on the weekly chart, we can see the lower highs that has formed after price was rejected by the trend-line, and a cross downwards of the signal from the Stoch RSI . This combined with the outcome from the FOMC could push this pair further down to the 76% fib level (A level i rarely use) which coincides with a support zone and a psychological 0.77000 price. I will personally wait to see how market reacts before i take any actions. Happy trading!
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out