It's FOMC Day today. Im in Asia. I wont be getting into any trades until tomorrow asia time after the FOMC result.
Just a few thoughts. 75bps is pretty much priced in the market, so i think if its only 75bps plus a dovish message along with it I think market well have a breather and see DXY correcting. Anything higher than 75bps is gonna be wild..
Goodluck trading out there.
here are some markups
USDJPY
eurusd
audusd
tradingview.com/x/wkree5Hd/z
gbpusd
1w trading below quarterly level looks over extended very bearish
4h no sign of reversal. Prev candlw was a bullish one but current seems bearish . Stay away
Just a few thoughts. 75bps is pretty much priced in the market, so i think if its only 75bps plus a dovish message along with it I think market well have a breather and see DXY correcting. Anything higher than 75bps is gonna be wild..
Goodluck trading out there.
here are some markups
USDJPY
eurusd
audusd
tradingview.com/x/wkree5Hd/z
gbpusd
1w trading below quarterly level looks over extended very bearish
4h no sign of reversal. Prev candlw was a bullish one but current seems bearish . Stay away
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.