Browsing all articles tagged with FOMC Meeting Minutes
Apr
10

USD/CHF D1 Technical April 10

USD/CHF is trading in a range of 0.9380-0.9313 level. The trend is not clear yet. Break of any level will clear the trend for the pair. We are expecting USD/CHF to break its support level and dropped further southward. But if USD/CHF manage to hold its support level then pair will target 0.93800 level which is daily resistance.

High impact News of USD can affect the pair. News like FOMC Meeting Minutes.

Apr
10

GBP/USD D1 Technical April 10

Cable will face its resistance at 1.5390 level today. Bollinger bands are also providing buy signals for the pair. If pair reached this level today and breakthrough its resistance then it will further take GBP/USD upward. The scenario can be vanished, if cable didn’t manage to hold its support level 1.5237. Break of this level will provide bearish strength to GBP/USD and pair will the rapidly dropped towards south and target its next support at 1.5190 level.

High impact News can affect the move of GBP/USD. News like FOMC Meeting Minutes.

Apr
10

EUR/USD D1 Technical April 10

The outlook for EUR/US D is bullish for today. Yesterday pair manage to overcome its resistance 1.3070 level. Now the next target for EUR is 1.3139 level. Bollinger bands are showing buy signals for the pair. If EUR/USD manage to break 1.3139 level and H4 candle close above this level then pair will continue its uppish trend and target 1.3170 level.

On the other hand, If pair didn’t manage to break its resistance and H4 candle close below resistance level then it will show EUR/USD got bearish strength and pair will start moving southward.

High impact Data can affect the movement of EUR/USD. News like FOMC Meeting Minutes.

 

Apr
10

AUD/USD D1 Technical April 10

Yesterday in late session AUD/USD manage to break its key level 1.0493 level. Bollinger bands are showing buy signals for the pair. Aussies is expected to target 1.0545 level today, which is today’s resistance. Price action on this level should be watch. If pair manage to break 1.0545 level this will indicate pair got more strength and AUD/USD will then further move up towards north.

High impact News can affect the trend of AUD/USD. News like FOMC Meeting Minutes, Employment Change, Unemployment Rate.

Feb
20

GBP/USD D1 Technical February 20

GBP/USD is under pressure. The support is now at 1.5400 level. Bollinger bands are not showing clear signals due to oversold of pair. If pair manage to hold this physical level then we are expecting cable to target 1.5510 resistance level. If H4 candle close above 1.5510 level, then GBP will further move up and target 1.5550 level. On the other hand, daily closing below 1.5510 level will take GBP under more pressure and pair will then continue its southward trend.

High impact News can affect the movement of GBP/USD. News like Claimant Count Change, MPC Meeting Minutes, Building Permits, PPI m/m and FOMC Meeting Minutes.

 

 

Feb
20

EUR/USD D1 Technical February 20

EUR/USD break its resistance in Asian session. Now we are expecting pair to continue its bullish trend and target 1.3485 level. If pair manage to break this level and give a daily closure above it, then pair will get more bullish strength and target further towards north. Daily closure below 1.3485 level will provide pair bearish strength and EUR will then again target 1.3400 level.

High impact New of USD can change the scenario. News like Building Permits, PPI m/m and FOMC Meeting Minutes.

Feb
20

USD/CHF D1 Technical February 20

Yesterday USD/CHF manage to break its support and dropped up to 25 pips. Today’s support is around 0.9180 level. D1 and H4 are showing sell signals for the pair. So if pair breakthrough this level and H4 candle close below 0.9180 level, it will indicate strong bearish potential and pair will then again further move downside.

High impact News can affect the pair. News like Building Permits, PPI m/m and FOMC Meeting Minutes.

Feb
20

AUD/USD D1 Technical February 20

The outlook for the pair is still bullish. Pair will face its resistance at 1.0375-80 level.  Bollinger bands are also showing buy signals. If Aussies manage to break 1.0380 level and H4 candle close above this level then it will indicate bullish strength and pair will then further move upward.  On the contrary, if pair fails to close above 1.0380 level then it will change the scenario and provide bearish strength to AUD/USD and pair will again start moving towards south and target 1.0275 level.

High impact News can affect the Trend of AUD/USD. News like Building Permits, PPI m/m and FOMC Meeting Minutes.

Jan
3

USD/CHF D1 Technical January 03

As we said in last article pair is in bullish mood. USD/CHF breaks its resistance in move towards north. Today’s resistance is around 0.9215 level and support lies at 0.9157 level. If pair breaks resistance level today and give a closure above this level it will provide more strength to pair to move northward.

High impact News of USD can affect the Trend of USD/CHF. News like ADP Non-Farm Employment Change, FOMC Meeting Minutes and Unemployment Claims.

Jan
3

AUD/USD D1 Technical January 03

Aussies break its resistance yesterday but didn’t manage to move up due to positive news of ISM Manufacturing PMI. Near term outlook is still bullish. If pair holds support 1.0460 level. Then AUD/USD will go higher in this week.

High impact news can affect the movement of pair. News like ADP Non-Farm Employment Change, FOMC Meeting Minutes and Unemployment Claims.