Eurusd/gbpusd - page 1814
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Now it all depends on FED. We all know that fundamentals have nothing to do with CBs decisions, and since FED was already showing signs of discomfort with Dollar becoming so strong, anything can happen. Sooner or later they are going to react. It is only a matter of time - which puts us into a dangerous situation
I agree, now anything can happen, we have to be caution.
Yes , all eyes on the final announcement for the FED in Wednesday.
Big day tomorrow, let's wait and see.
We are sitting on a ticking bomb
The 1.5200 level has acted as a good resistance on the GBPUSD, a bounce to the downside is possible.
Typical FOMC day : nothing and then hell
If expectations a forecasts are correct that FED will not hike rates for another year, then today we could see the correction continuing. But the trend is still bearish (with significant down-shoot) - the FOMC statement will need to have a clear sign that FED is delaying rate hikes in order to ignore the bearish trend. The usual FOMC whipsaw can be expected
Agree : whipsaw is inevitable today
Agree : whipsaw is inevitable today
We shall see.
If FED does something surprising we could see worse than SNB day
The 1.1390 proved to be a strong resistance level for the EUR/USD pair, but nothing is certain before FED's rate decision later today.
Long positions dumped - liquidity will be at its minimum - volatility can skyrocket at FOMC statement