Should shrink now back shortly S3 to R3
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DislikedFurther rate hikes, no mention of pausing.. this is bullish for USD in my opinion.Ignored
DislikedFurther rate hikes, no mention of pausing, tight labour market.. this is bullish for USD in my opinion.Ignored
Disliked{quote} Don't think they will say it out, it will appear as weak. Look at what they do, check the past rate hike trend, was raising 75 each time, then 50 last time, and now just 25. They are slowing it down and will eventually stop and cut rates, it's a cycle, you can't just hike forever. If hike is bull usd, cut rate will be short usd, let this news today of reducing rates be the signal of incoming weakness of usd, that's why the price of GU flying up right now i think.Ignored
Disliked{quote} A pullback is a pullback is a pullback. Buy trades are a plenty from these levels. Cheers {image}Ignored
DislikedFurther rate hikes, no mention of pausing, tight labour market.. this is bullish for USD in my opinion.Ignored
Disliked{quote} True and in addition to that, U.S. FED TERMINAL RATE FALLS TO UNDER 4.9% AMID POWELL COMMENTS; END-2023 FED FUNDS RATE FALLS BELOW 4.4%, AS MARKETS PRICE IN RATE CUTSIgnored
Disliked{quote} True. However, Fed is clear that they will continue to raise rates and have no pause in sight. I know what you're trying to say and you are right, they will cut rates probably, however Powell today said they're not even thinking about pausing let alone cutting rates. This should sober up the market a little bit. As is always with any news, first they in the opposite way of what the news say and then they start pricing in the news later after they get rid of the people that bought some currency on it's good news.Ignored
DislikedEUR/USD sell limit activated at 1.10004. Buy stop 1.29 USD/JPY. EUR/USD 1.09 buy has hit sl at 1.10. USD/JPY trade left open.Ignored