EURUSD wait FED decision....

FX_IDC:EURUSD   Euro / U.S. Dollar
2606 12 75
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Tomorrow we will see protocol of FOMC. I think, it will be very interesting moment for EUR.USD. It may be 1.1300 - 1.1400. On this moment, technically all ready for rise.
Hi guys... this week will be released FOMC minutes!! ...happy weekly trading!!! ..great opportunity!! :)
+1 Reply
I think we should wait for monday candle...
Do you expect to buy from 1.08?
SignalSwiss Eugene_Titov
I think in the short term the market has abandoned this level, if you were to go back, there would be plenty of chances to break this important support. Technically speaking, it should be more likely a continuation of this bullish leg least until our next two bullish target....
thank so much
+2 Reply
In all respect - if the FED raise the rate in september, we will see a strong USD - and eurusd will probably hit parity - as expected....
SignalSwiss lars.toft.146
Hi Lars,
We are not so sure of this (...for traders is always better to have doubts than certainties ...). The central point is not "if" ... but "how" ... We believe that we may see a "false movement" during the announcement (for example, just as happened during the release of the NFP ...) ... this is typical for eurusd!
The fair value of the ECB is 1.10 / 1.15, if at this moment eurusd has a value lower than this range, it is very possible that an increase by 0.25 bp is already "embedded" in the current values.
Probably you're right, but this is our hypothesis at the moment ... Thanks for your comment Lars!
Great view and i also think we might see a nice rally up to 1.17+ , but raising the rates isnt making dollar stronger??
I dont know,i m confused to be honest.

Just discovered your work, love it!!

+1 Reply
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