What's new

Currency pairs with the USD reaction

3.00 star(s) 2 Votes

Fxproooo

New Member
USD/JPY pulled back post FOMC, but with further improvements expected in U.S. data, the losses should be limited.

Can risk trades carry on? Based on today’s FOMC, the answer is yes, but the overextended moves in currency pairs, such as EUR/USD, AUD/USD, NZD/USD and USD/CAD begs for a correction. For the past few weeks, investors have been driving currencies and equities higher on the premise that the worst is over and Powell’s comments along with the FOMC projections suggests that the central bank shares these views.
 


GBPCHF today, as we see here, the price is going to touch resistance area, the trend is bearish, so the best choice is to sell it, you can sell it at 1.17428 with potential target up to 1.16894
 

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account on our community. It's easy!

Log in

Already have an account? Log in here.

Similar threads

Users Who Are Viewing This Thread (Total: 1, Members: 0, Guests: 1)

Top
AdBlock Detected

We get it, advertisements are annoying!

Sure, ad-blocking software does a great job at blocking ads, but it also blocks useful features of our website. For the best site experience please disable your AdBlocker.

I've Disabled AdBlock    No Thanks