dainiushka

EURUSD, Bat Pattern

OANDA:EURUSD   Euro / U.S. Dollar
Inflation rate target - 2%
2020
US - (1.4%)
Euro area - (-0.3%)
2021 November
US - (6.8%) - highest since June of 1982, and 9th month above the Fed's 2% target
Euro area - (4.9%)

Healthy Annual gross domestic product (GDP) growth rate - 2%
2020
US - (-3.4%)
Euro area - (-6.4%)

Acceptable unemployment rate -
2020
US - (6.7%)
Euro area - (8.1%)
2021 November
US - (4.2%)
Euro area - (7.3%)

Fed interest rate
0.25%

Euro are interest rate:
0%

Sentiment
Fed Interest Rate Decision Jan 26, 2022
Fed rate monitor:
Jan 26, 2022
(0-0.25) - 95%

Mar 16, 2022
(0-0.25) - 50.8%

May 04, 2022
(0.25 - 0.50) - 48.1% highest sentiment

Jun 15, 2022
(0.25 - 0.50) - 39.7% highest sentiment

Jun 15, 2022
(0.25 - 0.50) - 39.7% highest sentiment

Jul 27, 2022
(0.25 - 0.50) - 39.7% highest sentiment

Sep 21, 2022
(0.50 - 0.75) - 35.7% highest sentiment

Nov 02, 2022
(0.50 - 0.75) - 33.1% highest sentiment

Dec 14, 2022
(0.75 - 1.00) - 33.1% highest sentiment

Latest news in Bond purchases:
12/16/2021

Fed:
faster taper and three rate hikes in 2022

European Central Bank:
cut its bond purchases
pandemic emergency purchase programme would end in March 2022
markets should not expect rate hikes in the next year

Short term perspective:
Price consolidates in the range and trying to
find the path. a good opportunity to
make money (100 pips) by trading in range.

Long term perspective:
It is similar that the price forms a Bullish Bat harmonic pattern. Target will be 2.618 fib. level, point D of Bat harmonic pattern. It will be a good opportunity to test 5 year price close range.
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