SignalSwiss

EURUSD: MONTHLY RESISTANCE

FX_IDC:EURUSD   EURO / US DOLLAR
2842 4 85
3 months ago
The minutes for the FOMC meeting, released yesterday, resulted in the dollar weakening across the board. The Fed’s objectives are to maintain price stability and maximise employment. Despite the robust growth in the job market in June and July, household spending and business investment remains weak.
Inflation is still below the Fed’s 2% target, due to the earlier drop in energy prices and lower prices for imported goods. Exports have declined as foreign demand subdued. The global economy has been subject to vulnerability and growth is still sluggish.
The Fed anticipates gradual rate hikes, yet the recent economic indicators have given mixed signals. Despite some FOMC voters concern that a long term low interest rate level may have an adverse effect on financial stability, the Fed takes a cautious stance on a rate hike by watching carefully the job market, inflation, and global economic growth.

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EURUSD: SIMPLE BULLISH SETUP

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3 months ago
Comment:
snapshot
3 months ago
Trade closed: target reached:
snapshot
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SignalSwiss TOP
3 months ago
stop hunter at 1.1337? :)
Reply
FxTime
3 months ago
probably would touch 1.1600
+1 Reply
SignalSwiss TOP FxTime
3 months ago
look our harmonic structure
EURUSD: SUPPORT AT 1.08899
+1 Reply
jangseohee
3 months ago
snapshot

snapshot
Reply
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