The New Zealand dollar continues to gain ground and has extended its gains for a seventh straight day. In the North American session, NZD/USD is trading at 0.6187, up 0.12%. The New Zealand dollar last had a losing daily session on February 13 and has jumped 2.1% since then. New Zealand consumer spending has been weak and more bad news is expected on Friday, when...
The Canadian dollar is trading quietly on Wednesday. In the North American session, USD/CAD is trading at 1.3517, down 0.07%. Investors are anxiously awaiting the release of the minutes of the Fed’s January meeting later today, hoping for some insights about the Fed’s future interest rate path. The markets had priced in a March cut after the Fed signaled in...
❤️MY FOREX TEAM❤️ INFORMATION Gold (XAU/USD) rose for the fourth straight session on Tuesday (+0.50% to $2,027), firmly establishing itself above the $2,025 mark, supported by declining U.S. Treasury yields and a subdued U.S. dollar, with risk-averse sentiment on Wall Street likely reinforcing the metal’s advance. 💲BUY GOLD 💲 💲SELL GOLD 💲 Signal Updates in...
❤️MY FOREX TEAM❤️ INFORMATION Gold price (XAU/USD) holds above $2,000 during the early Asian session on Monday. US economic data suggests inflation is stickier than expected and prompted financial markets to dial back expectations that the Federal Reserve (Fed) would start cutting interest rates in June. At press time, the gold price is trading at $2,014,...
The KOG REPORT – FOMC This is our view for FOMC, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trusted risk strategy in place. The markets are extremely volatile, and these events can cause aggressive swings in...
The British pound has edged higher on Thursday. In the North American session, GBP/USD is trading at 1.2698, up 0.27%. UK Services Final PMI was a bright note on Thursday. The PMI rose to 53.4 in December, up from 50.9 in November and above the preliminary estimate of 52.7. This marked a second straight expansion after posting three consecutive declines. This was...
Gold Setup | After FOMC Minutes News Current point at 2037.30 #Gold tried best to break the point 2030-2032 but seems as failed although its a Strong Resistance and it may take a Strong News to break We Expected to move up side almost more then 100 pips Set Target at 2050-2055.00 Always use Proper lot Size And Risk Management Cheers ..
KOG REPORT – FOMC: This is our view for FOMC tomorrow, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trusted risk strategy in place. The markets are extremely volatile, and these events can cause aggressive swings...
Upside: 4478 → 4500 → 4519 → 4542 → 4566 Downside 4459 → 4447 → 4422 → 4400 Technical Analysis: ES tested a breakdown of a Long GP from 4461-4470, but bounced to close the Friday down only -0.1%. We want to see if ES can hold above last week's lows, if not, I could see a test below in the 4447 area where we should start to see buyers come in. This area would be...
FOMC – KOG Report: This is our view for FOMC today, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trusted risk strategy in place. The markets are extremely volatile, and these events can cause aggressive swings in...
S&P 500 INDEX MODEL TRADING PLANS for WED. 07/05 Our trading plans published on Friday, 06/30 stated: "Cover any open shorts and avoid going short - next week's holiday-shortened week could add more spikes to the upside to hit any stops on the shorts". Unless something significantly changes in the FOMC meeting minutes due for release this afternoon, markets...
CME_MINI:NQU2023 - PR High: 15351.00 - PR Low: 15341.25 - NZ Spread: 21.75 Expected heavy volume at session open - Traders anxious to get back after long weekend - Ranging into London session, inside NZ - Front running pivot high from June 16 Fed kicking off the short week 14:00 – FOMC Meeting Minutes Evening Stats (As of 12:05 AM) - Weekend Gap: +0.09%...
GBP/USD continues its downswing. The pound is trading at 1.2340, down 0.20% and is at a one-month low against the US dollar. The UK releases retail sales for April on Friday. On an annualized basis, the headline and core readings are expected to decline by 2.8% in April, which would indicate that UK consumers continue to hold tight onto the purse strings....
As a stock trader, it's important to pay attention to major events that can impact the market, such as the Federal Open Market Committee (FOMC) meetings. These meetings can have a significant impact on stock prices, and understanding their historical trends can help you make informed trading decisions. In preparation for the upcoming FOMC meeting on May 3, 2023,...
The next key level for OANDA:XAUUSD is 2030-2031. We wait and see what happens on there If price hits the 2030-2031 key level and shows signs of rejection we take a 300 pip short to 2000 But if price hits the 2030-2031 key level and breaks out we wait for a retest and take a 250 pip long to 2057. But let's see what the FOMC Minutes news event later today...
Most of the FOMC focus is on the rate announcement and press conference, but I found the minutes actually make better pivots. It's especially clear on the weekly chart. I expect this one to be bear, but will roll with it either way. Which way do you see it?
$SPY opened at $383.18 and closed at $383.73. The High was $385.88 and the low was $380! AMEX:SPY
Important Moment to the Market FOMC Minutes with important decision addressing the economy of the country!! In the Moment when the FOMC minute delivered the market react with high volatility in this moment will appear great opportunity to trade and take a bunch profit from the market. Premises: 1) Market overall in Downtrend 2) Perception of the market...