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Us30forecast

US30 Possible buy zone!!instruments : US30 Possible direction : Bullish Technical Analysis : US30 currently on the previous support zone. Weekly perspective this instruments has created a bullish pin bar with multiple time liquidity grabbed. Once market opened, we have seen a drop to again previous resistance turn support ( Order block). Once rejected, price may rise to the resistance zone as the price is following a predictable channel. Upon rejection from the support, a buy trade is high probable. Possible trade recommendation : Bullish as per chart sketch Press like button if you enjoy. Risk Disclaimer: Trading foreign exchange on margin carries a high level of risk, and is not suitable for all investors. Past performance is not indicative of future results. The high degree of leverage is dangerous and can work against you as well as for you. Before deciding to invest in foreign exchange or any market you should carefully consider your investment goals, level of experience, and risk tolerance. It is EXTREMELY LIKELY that you will sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. No representation is being made that any account will or is likely to achieve profits or losses. Past performance is not indicative of future results. Individual results vary and no representation is made that clients will or are likely to achieve profits or incur losses comparable to those that may be shown. You acknowledge and agree that no promise or guarantee of success or profitability has been made between you, and Forex Trading Wizard. Do your own research and talk to a professional financial planner in order to be aware of all the risks associated with foreign exchange trading and investing and seek advice from an independent financial advisor before risking any capital.
ULong
by ForexWizard01
🧅Fed minutes showed that rates will continue to move higherThe minutes from the Jan. 31-Feb. 1, 2023 Federal Open Market Committee (FOMC) meeting showed that the Fed remains committed to bringing inflation back to target. On the progression of the economy, the Committee members noted that "recent indicators pointed to modest growth in spending and production. Nonetheless, job gains had been robust in recent months, and the unemployment rate remained low. Inflation had eased somewhat but remained elevated." The minutes showed that "almost all participants agreed that it was appropriate to raise the target range for the federal funds rate 25 basis points at this meeting. " Members that supported a 50-basis point increase believe that a larger increase would more quickly get them to a sufficiently restrictive position to enable achieving price stability in a timely way. On the future path of monetary policy, committee members anticipated that "ongoing increases in the target range for the federal funds rate would be appropriate to achieve the Committee’s objectives. " Moreover, that it is important to maintain a restrictive stance until there is clear evidence that inflation is moving toward the Fed's 2% target. . . . . . . 🧅Disclaimer :There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, and money market funds involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods. This is Not Financial Advice 🧅JUST AN OPINION OF THE ONION.🧅 source: economics.td.com
OANDA:US30USD
by MLGONION
US30 preparing for a drop!Instrument : US30 Possible direction : Bearish Technical Analysis : After monthly close, price has formed a typical reversal pattern with neckline tested resistance and we see significant rejection. There is high probability now for US30 to drop as the bulls not getting enough fuel to push the market, the price may come to the monthly support to grab liquidity. Possible trade recommendation : Bearish as per chart sketch Press like button if you enjoy. Risk Disclaimer: Trading foreign exchange on margin carries a high level of risk, and is not suitable for all investors. Past performance is not indicative of future results. The high degree of leverage is dangerous and can work against you as well as for you. Before deciding to invest in foreign exchange or any market you should carefully consider your investment goals, level of experience, and risk tolerance. It is EXTREMELY LIKELY that you will sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. No representation is being made that any account will or is likely to achieve profits or losses. Past performance is not indicative of future results. Individual results vary and no representation is made that clients will or are likely to achieve profits or incur losses comparable to those that may be shown. You acknowledge and agree that no promise or guarantee of success or profitability has been made between you, and Forex Trading Wizard. Do your own research and talk to a professional financial planner in order to be aware of all the risks associated with foreign exchange trading and investing and seek advice from an independent financial advisor before risking any capital.
UShort
by ForexWizard01