This week all traders surely focus on FOMC statement.Well i predict that this time FED will not hike rate as many FED members like Janet Yellen and Dudley said that now they are not ready to hike rate yet,they prefer to do so in June FOMC.Hence, this will bring market sentiment into short USD this week as FED remain rate.But this sentiment will not last long as...
With intervention of BOJ this week,we focus on BOJ monetary policy statement .BOJ KURODA said that he will further easing to weaken yen/JPY because he donwan jpy to appear so strong.Market sentiment already start to short jpy last friday as we see many againt jpy pair had fly up a lot.This week the sentiment will continue until the BOJ staement...
BREXIT fear concern,with Fed likely to hike rate in JUNE, shorting GBPUSD will be the most accurate pair for this week.I am looking entry to short cable with stop above 1.4360.Good luck.
During last week BOE rate decision,members of BOE had said that BREXIT is what they concern now.With the time running close to the referendum,market will start to short GBP soon i guessed.GBPCHF this pairing has a very nice downtrend channel so i assumed that it will continue the downtrend and complete the chart pattern.Good luck!
