USD, SPX Price Action post-FOMC: EUR/USD, USD/CAD, USD/JPY

The FOMC rate decision helped U.S. equities to continue a recovery and from the weekly chart a bigger picture turn remains a possibility.

Interestingly, this has happened along with a shot of USD-strength as the dollar has continued to show tendency of a turn, helped along by a pullback in EUR/USD.

This is an update to the setups looked at in the Tuesday webinar and if you’d like to view that, the link below will take you right there.

To see all prior webinars the link below will take you there: Price Action Webinar Archive Playlist-

James Stanley’s video playlist:

This content was created by Forex.com and should be construed as general Market Commentary, not targeted at the general public of any particular country, and is not a Research Report as defined in the Commodity Exchange Act. The content is not intended for distribution to residents in any country where such distribution or use would contravene any local law or regulatory requirement. The information and opinions in this report are for general information use only and are not intended as an offer or solicitation with respect to the purchase or sale of Foreign Exchange (“Forex”), Contracts for Difference (“CFD”), or any other products offered by FOREX.com. Any opinions, news, research, analyses, prices or other information contained herein is intended as general information about the subject matter covered and is provided with the understanding that we do not provide any investment, legal, or tax advice. You should consult with appropriate counsel or other advisors on all investment, legal, or tax matters. All opinions and information contained in this report are subject to change without notice. This report has been prepared without regard to the specific investment objectives, financial situation and needs of any particular recipient. Any references to historical price movements or levels is informational based on our analysis and we do not represent or warranty that any such movements or levels are likely to reoccur in the future. While the information contained herein was obtained from sources believed to be reliable, author does not guarantee its accuracy or completeness, nor does author assume any liability for any direct, indirect or consequential loss that may result from the reliance by any person upon any such information or opinions.

Forex, CFD’s, and other leveraged derivatives products offered by FOREX.com involve significant risk of loss and are not suitable for all investors. Losses can exceed your deposits. Increasing leverage increases risk. Past performance is not indicative of future results. Spot Gold and Silver contracts are not subject to regulation under the U.S. Commodity Exchange Act. CFD’s are not available for US residents. Before deciding to trade, you should carefully consider your financial objectives, level of experience and risk appetite. The FOREX.com brand is operated by multiple legal entities across 8 jurisdictions globally. The products and services available to you depend on your location and the legal entity with which you establish your account. FOREX.com and its affiliates are wholly owned subsidiaries of StoneX Group Inc and they include but are not limited to:
GAIN Capital Group LLC is a CFTC registered Futures Commission Merchant (“FCM”) and Retail Foreign Exchange Dealer (“RFED”) and a member of the National Futures Association (NFA ID: 0339826).

GAIN Global Markets Inc. is authorized and regulated by the Cayman Islands Monetary Authority under the Securities Investment Business Law of the Cayman Islands (as revised) with License number 25033.

GAIN Capital – FOREX.com Canada Limited is a member of the Canadian Investment Regulatory Organization and Member of the Canadian Investor Protection Fund.

1 個のコメント

  • コメントを残す

    メールアドレスが公開されることはありません。 が付いている欄は必須項目です