hello trader
So far, on the 4-hour chart, the uptrend appears quite solid for the time being. That said, the initial resistance is 1.0948, before 1.0981 and 1.1000
Meanwhile, the macroeconomic landscape remained stable. Investors generally expect the European Central Bank (ECB) to keep its policy rate unchanged at its meeting on Thursday, though markets still anticipate two additional cuts by the end of the year.
In contrast, there is ongoing debate among investors about whether the Fed will implement one, two (or three?) rate cuts this year, despite the Fed's current projection of a single cut, likely in December.
we are Completely in trend market so don't fight trend.
buy and buy
So far, on the 4-hour chart, the uptrend appears quite solid for the time being. That said, the initial resistance is 1.0948, before 1.0981 and 1.1000
Meanwhile, the macroeconomic landscape remained stable. Investors generally expect the European Central Bank (ECB) to keep its policy rate unchanged at its meeting on Thursday, though markets still anticipate two additional cuts by the end of the year.
In contrast, there is ongoing debate among investors about whether the Fed will implement one, two (or three?) rate cuts this year, despite the Fed's current projection of a single cut, likely in December.
we are Completely in trend market so don't fight trend.
buy and buy
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.