DislikedJust wondering if anyone is trading during the US core CPI news? I believe the MACD and price action is hinting at bearish news for the USD.
For the AUD/USD seems like a bullish TC may be forming.
The EUR/USD is also hinting at a bullish bounce off the 21EMA.
The GBP/USD has formed a bullish RB and looks like it will pull back to the 21 EMA.
And finally the USD/JPY looks ready to fall very soon with a recent double top and bearish RT.
Anyway I am still quite new, still learning the system by heart and still reading through all the posts so I will sit on the sidelines for the news.
I am not really a fundamental trader at all (even after four years of my accounting and finance lecturers talking up fundamentals and laughing at the concept of technical trading). I just find it interesting how all the majors are lining up for bearish news for the USD. We shall see. All part of the learning process.Ignored
AFTAB
Time Will Tell & Price Will Show