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Dollar Slips After FOMC, What's Next?
Forex Trading Analysis, Live Trading Room, Technical AnalysisOpposed to Powell's last speech, his speech today was without a doubt dovish in tone. This had caused the Dollar to go from consolidating to being down -0.50% for the day.
Although the interest rate will stay at <0.25% as it has been for…
USDCHF Profits + The Yen Ready To Buy?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the trades we took shortly before the FOMC press conference. We then discussed trade setups for AUDJPY, NZDJPY, CADJPY, and EURJPY.
During yesterday's live session, we completed technical analysis…
FOMC Live Analysis, EURUSD, GBPUSD, and XAUUSD Analysis
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live session we covered our current EURUSD & GBPUSD trades, what may happen at the FOMC Press Conference and what potential trades we could enter afterwards.
Last night we had entered EURUSD & GBPUSD shorts which had led…