DislikedMeanwhile, on H1... Nice bear momentum... So... with current situation I have 2 scenarios: Either bearish continuation from 1.0929 or maybe a little higher from 1.0950 area.. Let's see... Go bears go!{image}
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DislikedMeanwhile, on H1... Nice bear momentum... So... with current situation I have 2 scenarios: Either bearish continuation from 1.0929 or maybe a little higher from 1.0950 area.. Let's see... Go bears go!{image}
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DislikedAttention tradersThe US PCE data, will be released at less than 15 min.
This data is closely watched by the Federal Reserve
as it can give insights into their future monetary policy decisions. While the market is expecting a slight downtick in inflation, any surprises in the data
could cause significant volatility in the markets. Keep an eye out
for the release, and be prepared for potential market swings!
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Disliked{quote} It seems like inflation is still high, but not accelerating, which could mean that the Fed may be more cautious about raising interest rates too quickly. If, it doesIgnored
Disliked{quote} Market doesn't care about this data point - surprise! I thought there would have been a bigger reaction. I guess the market is waiting for the NFP tomorrow.Ignored
Disliked{quote} i dont find the NFP news for tomorrow, maybe next friday?Ignored
Disliked{quote} I am guessing his brain is already living one week ahead of usIgnored
Disliked{quote} I WISH! Nope just a brain fart - NFP is next Friday, ISM is tomorrow....duh{image}
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Disliked{quote} Market doesn't care about this data point - surprise! I thought there would have been a bigger reaction. I guess the market is waiting for the NFP tomorrow. NEXT WEEK!Ignored
DislikedBear mission is not done yet... They only arrived at the bottom edge of the bullish channel on H4: 1.0898 area. Real work is awaited now to break out from channel (and below the pinch line), but unfortunately the hour is late. Maybe during Asia or tomorrow then... I am calling it a day folks.. Trade safe{image}
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Disliked{quote} Why I have the feeling it's going to go up again! Above the trendline and the weekly pivot is becoming bull again.Ignored