Talking Points: -US Dollar Technical Strategy: Bullish Off 100-DMA into FOMC -Consolidation before FOMC Statement Favors Upside -Trader Sentiment Ahead of FOMC Flashing Contrarian Bullish Signals Ahead of the December 16, FOMC meeting, markets are pricing in a 74% probability of a hike with a near 40% chance of an additional 25bps hike in March. In recent trading, the US dollar has seen the 100DMA near 12,040 act as firm support and going through FOMC, we can ...
Daily price is on bearish market condition with below of 100-period SMA and 200-period SMA: the price crossed 42.18 and 41.51 levels to below together with descending triangle pattern for the bearish trend to be continuing;next support levels to be broken are 37.31 and 36.29;nearest resistance levels are 42.18 and 41.51. ...
GBP/CHF H4: bearish breakdow to be continuing, or bearish ranging to be started. The pair was on bearish breakdown since 15 of Dec: price broke key support levels and it was stopped by 1.4829 support level together with descending triangle pattern to be formed for the bearish trend to be continuing. if the price breaks 1.4926 resistance so we may see the secondary rally within the primary bearish market condition;if the price ...
- Federal Open Market Committee (FOMC) Widely Expected to Remove Zero-Interest Rate Policy (ZIRP). - Will There Be a Unanimous Vote to Implement Higher Borrowing-Costs? Trading the News: Federal Open Market Committee (FOMC) Interest Rate Decision Based on Fed Funds Futures, market participants are pricing a 76% probability for a rate-hike a the Federal Open Market Committee’s (FOMC) December 16 interest rate decision, and the fresh updates coming out of the central ...
Just testing some future trading system (trading manually) using Tick indicators. EURUSD M5 timeframe;TickIchimoku_v1.2 600+ indicator is on this post.TickPriceChannel_Stop_v2.2 600+ indicator is on this post.TickAllAverages_v1 600+ indicator is on this post.TickAbsoluteStrength_v1 600+ indicator is on this post. All indicators are with default settings. The rules to open buy or sell trade - open buy if: tick price is above ...
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