EURUSD - Week of Sep 23,2016
Price action this week was dominated by better than expected CPI numbers. And we sure have another volatile week ahead of us.
Sept 21: FOMC Rate decision
Sept 22: Mr. Draghi speaking
My guess is that FOMC will not raise rate for now. However they will be passing the message to the markets a rate hike is to be expected in December. Such an hawkish message could put more pressure on EURUSD in the short term.
My Playbook for the week ahead:
--------------------------------------------
I will not take on any position in EURUSD until market direction is clear. Daily chart is indicating a possible long if the triangle is not being broken. However, due to the high impact news , I will not solely rely on technicals.
Sept 21: FOMC Rate decision
Sept 22: Mr. Draghi speaking
My guess is that FOMC will not raise rate for now. However they will be passing the message to the markets a rate hike is to be expected in December. Such an hawkish message could put more pressure on EURUSD in the short term.
My Playbook for the week ahead:
--------------------------------------------
I will not take on any position in EURUSD until market direction is clear. Daily chart is indicating a possible long if the triangle is not being broken. However, due to the high impact news , I will not solely rely on technicals.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.