Current rate – 1.09450 Meanwhile we;re waiting for the upcoming event’s , let short EUR/USD one more time. Advertisements
Outlook – Bearish Current rate – 1.50639 The BoE’s Financial Policy Committee (FPC) meeting record released today emphasized emerging markets risks to the UK’s economy. The responsibility of the committee is mainly to identify systemic risks in order to protect the UK’s economy. The Committee met on November 25 to form its outlook for financial … More GBP/USD ; H1
Take partial profit at 23.60% Objective point located at 50.0% – Target Current rate – 0.9179
Current rate – 1.50662 The dollar strengthened against the euro and the yen on Friday after a robust U.S. jobs report for November bolstered expectations that the Federal Reserve will hike interest rates later this month. The greenback also gained ground against the pound and the Swiss franc, with GBP/USDsliding 0.21% to 1.5112 … More GBP/USD ; MOVEMENT
The strong Us dollar make the counterpart bullish and funding the trend up. The fundamental direction of the pair is really pointing in one direction, as the US walks towards the first rate hike in nine years while the Swiss National Bank investigates even more action to weaken the Franc.
Swissy Sets New 5-year High Current rate – 1.00087 R1 – 1.03379 S1 – 0.99615 As we’re looking the chart above , follow the trend which is forming a morning quit cash flow. Use tight stops, the trend easily can change … More USD/CHF ; H4 MOVEMENT
Current rate – 1.08591 As we suspected in the run-up to the meeting, the increase in easing may be the result of a soft inflation environment, and thus, provoked a reduction in short-term inflation forecasts (per the staff projections), but the fundamental feedback loop of easier policy amid improving economic data otherwise raises … More EUR/USD ; H4
CURRENT RATE – 1.51250 Current high point is located with the September low point. The downtrend channel gives a chance for a little more wide stop and retest at half of the downtrend when it’s start, which we can see a support there. Meanwhile pay attention to the NFP repport for further verification … More GBP/USD ;H4
Yesterday speech of the ECB made the Euro to bounce up seriously on the chart with most counterpart’s. Today the markets starts quiet with lower U.S stocks. The jobs report probably wont change Fed mind of liftoff. Federal Reserve officials have signaled that an interest-rate increase is in play for their December meeting, with both markets and economists now anticipating that normalization will begin … More EUR/USD H4
The pair is sliding down like a submarine . which is nothing unusual for those couple of days. The 60min chart offer us a long position above 1.0580, we can treat that as a buy. Now just have to play the waiting game.