Get started

Eurusd-4

Fed Cuts Interest Rates by 0.5%Fed Cuts Interest Rates by 0.5% As we have frequently noted, a rate cut by the Federal Reserve seemed inevitable. Market participants debated whether the reduction would be 0.5% or 0.25%, and those predicting a 0.5% cut were proven correct. According to Bloomberg, a narrow majority of 10 out of 19 committee members supported the 50-basis-point cut. Seven members favoured an additional 0.25% cut later this year, while two opposed any further reductions. Fed Chair Jerome Powell stated that the 0.5% cut "reflects our growing confidence that we can maintain labour market strength amid moderate growth and a steady decline in inflation to 2%". He added that interest rates are unlikely to return to the ultra-low levels seen for many years before the pandemic. Financial markets reacted with increased volatility, with stock indices rising and the dollar strengthening slightly against other currencies. However, it is still too early to determine the impact of the Fed's decision on current trends. Technical analysis of the EUR/USD chart shows that: → The ATR indicator reveals that the Fed's decision led to a volatility spike, though it was smaller than the panic-induced drop in the Japanese stock market on 5 August. It seems the markets were better prepared for yesterday’s news. → Following the announcement, the price approached the late August high near the psychological level of 1.120 but did not exceed it. The volatility spike also tested the 13 September low around 1.107. → As of this morning, the EUR/USD rate is near the median line of the blue uptrend channel, constructed using linear regression, and equidistant from the extremes set during the volatility spike. This suggests that the market is in a relatively balanced position. Market participants may need to better understand the implications of the Fed's decision. Their revised assessments, reflected in trading decisions, will provide more insight into the prevailing trends. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
2
My EURUSD Sells update after FOMC meeting !! - Who's holding ??EURUSD Weekly Outlook (19/09/2024): Slight Bearish Bias The EURUSD pair appears to be leaning towards a bearish bias this week, driven by several key macroeconomic factors and market dynamics. Let’s break down the main drivers shaping this outlook: 1. US Federal Reserve’s Hawkish Stance The Federal Reserve's upcoming meeting is in sharp focus, with markets anticipating a potential reaffirmation of its "higher-for-longer" interest rate policy. Recent commentary and data suggest that inflation is still a concern in the U.S., and the Fed remains vigilant in maintaining a restrictive policy stance. The hawkish outlook for US rates bolsters the USD, placing pressure on EURUSD. Expectations for future rate hikes or at least prolonged elevated rates support the dollar, as the interest rate differential between the U.S. and Europe continues to widen in favor of the USD. 2. European Central Bank (ECB) Dovish Tilt Contrasting with the Fed, the ECB has shown signs of softening its hawkish tone. Last week, the ECB decided on what many view as a "dovish hike," raising rates but signaling that the peak of the hiking cycle may be near. The Eurozone's economic growth outlook is deteriorating, with concerns over a recession in key economies like Germany. This dovish stance is weighing on the euro, as markets are pricing in fewer rate hikes going forward. With interest rate differentials playing a crucial role in FX markets, this is a key bearish driver for EURUSD. 3. Eurozone Economic Weakness Recent economic data from the Eurozone has been disappointing. Manufacturing activity remains sluggish, and service sector growth has shown signs of stalling. Germany, the bloc’s largest economy, is particularly concerning, with its manufacturing PMI in contraction territory for months. Furthermore, rising energy costs could add pressure on European economies, potentially reigniting inflationary concerns but also hindering growth. This weaker growth outlook could deter investors from taking long positions in the euro. 4. US Economic Resilience On the other hand, the U.S. economy continues to show resilience. Robust labor market figures, strong consumer spending, and better-than-expected GDP data indicate that the U.S. economy is outperforming the Eurozone. This contrast in economic performance provides further support for the USD. Moreover, the U.S. bond market continues to offer attractive yields relative to European bonds. Higher U.S. Treasury yields, especially on the long end of the curve, are a key factor driving demand for the dollar. 5. Geopolitical Risks & Energy Concerns Geopolitical tensions, particularly surrounding the war in Ukraine and ongoing disputes over energy supplies in Europe, pose an additional downside risk for the euro. While energy prices have stabilized in recent months, any renewed supply disruptions as Europe heads into the winter season could reignite concerns over inflation and economic stability in the region. If energy prices surge again, it could lead to further economic strain in the Eurozone, potentially pushing EURUSD lower. Technical Outlook From a technical perspective, EURUSD is currently testing key support levels around 1.0650–1.0700. A sustained break below these levels could open the door for a move towards the 1.0500 region, especially if the dollar continues to strengthen on Fed-related optimism. On the upside, resistance lies near the 1.0800–1.0850 zone. Bulls would need to see a clear catalyst, such as dovish Fed signals or improved Eurozone data, to challenge these levels. Conclusion Given the hawkish Fed, dovish ECB, and weaker Eurozone economic data, EURUSD is likely to maintain a bearish bias this week. Traders should keep an eye on key U.S. data releases and any unexpected geopolitical developments that could impact market sentiment. My personal Key levels to watch: - Support: 1.0650, 1.0500 - Resistance: 1.0800, 1.0850
Short
by PERFECT_MFG
XAUUSD H4 Analysis - Bullish - Next target 2650Pair Name = Gold Timeframe = H4 Analysis = technical + fundamentals Trend = Bullish Details :- Please see the Above chart To see The Gold Next Moves. We are currently in new Price Ranges. But we are also using our previous analysis and data to Follow the exact Path. Currently We Can see between two strong support and Resistance levels. As we can see at chart 2565 Gold Price level and 2580 Gold Price level. EMA 5 is indicating the trend of the market. EMA Crossed over done between 2564 to 2568. That indicates the Bullish move. This kind of market allow us to buy the dip and cash another next trend move. Strongest retesting zone hit. The price level 2545 to 2556 price level. EMA 5 Crossing levels:- 2564 To 2568 Retracement Zone:- 2545 To 2555 Bullish Gold Levels:- 2590 2615 2638 Bearish Gold Levels:- 2564 2556 2545 2530 Stay tune we Will update again when market will give up another good direction move. With Different different time frame we check the market to get the Accuracte analysis according market next move. Happy trading.
OANDA:XAUUSDLong
by Alpha-GoldFX
Hellena | EUR/USD (4H): Long to the resistance area 1.11587.Dear colleagues, in the last forecast I counted on the fact that wave “2” is completed, but now it is clear that it is not. I think that the price will complete wave “2” in the area of 100% - 161.8% Fibonacci extension levels. This is the range of 1.09788 - 1.08690. But from here I hope to see the beginning of the upward movement in wave “3”, because I still want to see an update of the highs and the nearest target is the resistance area at 1.11587. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Long
by Hellena_Trade
11
GBPUSD: After the FED, Awaiting the BOE and BOJ!The GBP/USD pair found support near the 1.3150 area on Thursday, temporarily halting the correction from the recent high of 1.3300, the highest level since March 2022. The 4-hour RSI remains close to 70, suggesting that the pair could enter overbought territory in the short term if it continues to rise. The bullish sentiment for GBP/USD has been supported by expectations of an aggressive rate cut from the Fed, which has weakened the US Dollar. This week, markets are awaiting the rate decisions from the Bank of England (BoE) and the Bank of Japan (BOJ). In the short term, GBP/USD could consolidate above 1.3200 before potentially resuming its rise toward 1.3260 and 1.3300. On the downside, a break below 1.3150 would open the door for a drop towards 1.3100, especially if US economic data supports a rebound in the dollar.
Short
by Forex48_TradingAcademy
3
EURUSD H1 I Bearish Reversal Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 1.1112, which is a pullback resistance and a 38.2% Fibonacci retracement. Our take profit will be at 1.1062, a pullback support level close to 61.8% Fibo retracement. The stop loss will be at 1.1157, a pullback resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investor accounts lose money when trading CFDs with this provider.You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 59% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Short
by FXCM
2
#EURUSD - 19092024Yesterday, I was somewhat bullish DXY, saying that DXY should see further upside, and thus EURUSD could come down first, with DXY hitting 101.2 level before it pullback (and EURUSD to go up). But instead, market just range before FOMC, with the OP holding the lows and with FOMC rate cut, EURUSD rallied initially (not surprising) but market reacted differently and we got the sell in EURUSD and further selling now that Asia is open. The point I am trying to make though is that, the DXY candle on Tuesday seem to indicate further upside but market was reacting differently throughout the day, but in the end it got a pin bar candle on daily and further upside for DXY. Thus, the daily candle does give clues. Anyway given the huge down move currently, what is next for EURUSD? If we had based off the daily candle on close, I would have been bearish (especially with the bullish DXY daily candle) but now that the down move has happened (and missed), it would be tricky to know the next move, whether market will pull back from here or continue further down. And overall, EURUSD is not bearish on weekly basis. But IMO, for now, based on current move, I would be cautiously bearish to catch the possible next move down on a pullback. And if I could have a reference, it would for DXY to go to 101.8, and for EURUSD itself, a possible move down to 1.1016.
by FadeMeIfYouCan
Falling towards 61.8% Fibonacci support?The price is falling towards the pivot which has been identified as an overlap support and could bounce to the 1st resistance level which is also an overlap resistance. Pivot: 1.1073 1st Support: 1.1019 1st Resistance: 1.1150 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
1
WEEKLY FOREX FORECAST SEPT 16-20 USD EUR GBP AUD NZD CAD CHF JPYThis is Part 2 of the Weekly Forex Forecast for SEPT 16-20th. In this video, we will cover: USD Index, EURUSD, GBPUSD, AUDUSD, NZDUSD, USDCAD, USDCHF, USDJPY Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
CME:6J1!
by RT_Money
4