The Federal Reserve (Fed) raised its key interest rate by 25 bps as expected to 4.75% -5.00%. The vote was unanimous. They dropped the forward guidance, mentioning that “some additional policy firming may be appropriate”, instead of “ongoing increases in the target range will be appropriate”. In a few minutes, Chair Powell's press conference will begin.
@making_money_777 all based in fundamentals, ECB all week if you listen to them, think have spoken about 7 times and every single time largarde and pena have been very very very bullish for the euro and yesterday the feds pretty much gave up on the dollar. they made the off Hawkish comment, however overall the conference was pretty dovish
DollarHunterx
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@ibrar550, You didnt know what is technical analysis? You will be a great trader if you combine both. Thanks!
DollarHunterx
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@ibrar550, Haha. Then how its running 40pips from my sell zone tho?
DollarHunterx
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@ibrar550, Bro.. the price just hit my TP 1. How do we consider this is not happening?
ibrar550
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@MooNScalperX that I agree with you, currently I'm just looking at fundamentals and trying to learn Elliot waves but finding that a challenge to understand