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  • Jarratt Davis

    Click here to learn how to use my trade calls!     Originally updated: 07:30 Trading Bias: Neutral Currency pair: None Current Sentiment: None In today’s trading session we will be awaiting key economic data to provide an opportunity to get into the market.…

    The post Trading Outlook – Neutral appeared first on Jarratt Davis.

  • Swissquote UUIIFXBR

    The USD has been squeezed heavily as the FOMC delivered a cautious statement at the end of its two day meeting. As widely expected, the Fed dropped its call for “patience”, yet the pace of rate normalization is now expected to be significantly slower. The Fed dots median forecast has been lowered from 1.125% previously to 0.625% (this is far below expectations),

  • IronFX UUIIFXBR

    EURUSD continued to trade higher on Tuesday, but the up leg found resistance at 1.0650 (R1). The rate is now trading slightly below the crossroad between that barrier and the near-term downtrend line taken from back the peak of the 26th of February. The bears may take the reins at that point and drive

  • IronFX UUIIFXBR

    • Last words about the FOMC meetingAs I said before, I still expect the FOMC to remove the reference to “patient” in the statement, not necessarily because they want to raise rates immediately but rather because they want to have the option to raise rates. Removing that term will allow them to raise rates if

  • JFD Brokers UUIIFXBR

    The greenback traded near its opening levels against most of the other G10 currencies during the European morning Wednesday ahead of the Fed’s monetary policy statement due later in the day. The optimistic results released last week, showing that the U.S. economy is at a steady strengthening period encouraging central bank to raise the interest

  • Jarratt Davis

    Click here to learn how to use my trade calls!     Originally updated: 07:30 Trading Bias: SHORT Currency pair: EURUSD Current Sentiment: Bearish In today’s trading session we will be focussing on the FOMC statement later in the day to…

    The post Trading Outlook – EURUSD appeared first on Jarratt Davis.

  • Swissquote UUIIFXBR

    Today’s key event is the FOMC decision due at 18:00 GMT, limited price action should be seen across the FX markets globally. Traders make the final adjustments to their positioning, with USD broadly higher in Asia. This is because the Fed is expected to drop its call for “patience” at this month meeting, which will be perceived as a concrete step toward

  • Fx Pro UUIIFXBR

    The dollar is pausing for breath ahead of the Federal Reserve’s interest rate decisions, policy statement and economic projections tomorrow. The dollar index is on course to post its ninth monthly gain in a row having rallied 25% since the middle of last year, to levels not seen for 12 years. The speed with which

  • IronFX UUIIFXBR

    EUR/USD raced higher on Monday, confirming the positive divergence between our short-term oscillators and the price action. Bearing in mind that both the German ZEW indices for March are anticipated to have risen, I see the likelihood that the rebound may continue for a while, perhaps for another test near the 1.0665 (R1) resistance line.

  • Swissquote UUIIFXBR

    The SNB’s efforts to counter the franc appreciation is still a source of anxiety in Switzerland. Although, the countrywide opinion is supportive of the decision to remove the EURCHF peg in the aftermath of January 15th (because it would have been unsustainable for the SNB to walk against the hardening EUR downtrend), the fear of more negative rates in franc spill over