Nico.Muselle

EURUSD - are you ready for the FOMC ?

FX:EURUSD   Euro / U.S. Dollar
2993 55 34
I do not trade during news event, but I was just curious what could be the eventual impact of the FOMC meeting of this evening.

Based on the move before and during the previous FOMC meeting I made a projection of where the news later today could take us. If the market perceives the news as negative (for me the more likely scenario), we might break the 1.10 resistance zone and reach into the previous "channel" between 1.1280 and 1.1500.

If news is perceived positive, we could go all the way down to the 1.05 area.

So ... are you going to trade before and during the FOMC, or are you going to wait till the dust settles ? Let me know how you see it and leave your comments below
New !!!! Crypto High Tops available now on https://unicornllama.com
Do also check our brand-spanking-new Crypto Sports Edition
Check our live crypto trading channel on Twitch : https://www.twitch.tv/cryptotraderstv
Hi Nico, I would like to thank you for your insights last week. Thanks to your predictions, I managed to recover most of my losses. Keep up the good work :-)
+1 Reply
Nico.Muselle coolbunny100
Glad it was helpful !
Reply
I can go on sale
Reply
RECOMMEND enter long on the euro and dollar
Reply
RobertPapon juancho.villalba.7
long? why?
Reply
SunnyBTC RobertPapon
Yup. Euro is toast imo and DXY should bounce up here
Reply
Nico I'm long on EUR/USD now and aiming for 1.1350 with a huge stop loss at 1.0731 . Hopefully it reaches it. My huge doubt is that i'm also long on EUR AUD, chart is attached. I have a stop at 1.3614 and aiming for TP - 1.4374 . Do you think it's possible ? Anyone ?
Reply
anish_206 anish_206
Also is it possible for EUR/USD TP - 1.1350 as well ?
Reply
I have my target @ 1.3330, completion of a bat pattern
+1 Reply
I have my doubts about EURAUD as it just created a lower low ... there might be some further retracement to the upside but I don't think it will retrace to the previous high
+1 Reply
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