EUR/USD: Swing-Setup! perfect MOMENT to BUY?#Fundamental
Updated
Hey tradomaniacs,
welcome to another free signal!
Important: Wait for the Breakout above the Entry and place a Buy-Limit!
Fundamentals:
-------------------
Why is the EURO going up?
The previous FED`s statement was a FULL PACKAGE of doves.
The FED`s statement was a big package of DOVISH messages saying that they won`t increase the interest rate
this year anymore amid signs of an economic slowdown, and said it would halt the steady decline of its balance sheet in September.
Call it the neutral rate.. or just a try to admit not too many failures. I bet POWELL would like to decrease the interest rate but can`t!
"What the Fed is doing is trying to engineer a soft landing.
What the market is hearing though is things have gotten so weak so quickly ... and the earnings outlook is so
dire that real money managers don't want to chase this rally."
-----------------------------
Type: Swingtrade
Buy-Limit: 1.14007
Stop-Loss: 1.13365
Target 1: 1.14876
Target 2: 1.15272
Targt 3: 1.15575
-----------------------------
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
welcome to another free signal!
Important: Wait for the Breakout above the Entry and place a Buy-Limit!
Fundamentals:
-------------------
Why is the EURO going up?
The previous FED`s statement was a FULL PACKAGE of doves.
The FED`s statement was a big package of DOVISH messages saying that they won`t increase the interest rate
this year anymore amid signs of an economic slowdown, and said it would halt the steady decline of its balance sheet in September.
Call it the neutral rate.. or just a try to admit not too many failures. I bet POWELL would like to decrease the interest rate but can`t!
"What the Fed is doing is trying to engineer a soft landing.
What the market is hearing though is things have gotten so weak so quickly ... and the earnings outlook is so
dire that real money managers don't want to chase this rally."
-----------------------------
Type: Swingtrade
Buy-Limit: 1.14007
Stop-Loss: 1.13365
Target 1: 1.14876
Target 2: 1.15272
Targt 3: 1.15575
-----------------------------
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
Note
Note
Aight.. the PMI result was the worst since 2012! It looks like the markets fear of a recession is growing!
The entire market and EUR falls!
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