On the chart, is the Federal Funds rate about to intersect the yield of the 2 year Treasury Bills ? If so , will this mark the technical point at which the Federal Board will loosen things up in the context of the big picture including jobs, core inflation, et cetera. Will the fed lighten up and make any hike only 25 / 50 points ? Has the market already...
Price is abiding by the ascending trendline and near buy entry price entry of 1.36550 which is also 78.6% Fibonacci projection and 38.2% Fibonacci retracement . Price can potentially go to the take profit level of 1.38222 which is also the graphical swing high level. Our bullish bias is suppourted by the ichimoku cloud indicator as price is trading above it. Any...
Price is approaching and likely to breakout of strong pivot level of 1.3415. This level coincides with 161.8% Fibonacci retracement level, 127.2% Fibonacci extension level & horizontal swing low support. A break and close above this level could see price swing towards 1st resistance at 1.39813. This level is strengthened by 200% Fibonacci retracement level,...
The Roy on the ojnvedthme had been published to tell you the at Gbp graph is consolidations the price chart that will be available the final file.
We are near a daily key level for a stronger trade setup. JPY gained strength against the US, but not against this pair last week. A pullback, or, looking at the higher timeframes, a continuation for the short is due. Trading this pair once it makes a move from the daily key level zone around 135.674 BULL TPs: • 135.240 • 137.169 • 139.853 BEAR TPs: •...