"One and Done" ... An update to EURUSD for FED
업데이트됨
On the monetary side, Fed taking the spotlight so let’s start digging into the details…
Expecting the Fed to lower the “dots” signalling one hike in 2019 … a “one and done” approach. June seems unlikely now as the Fed has started to focus on inflation to keep equity markets happy.
My base case is for a hike in December meaning the dollar looks underpriced at current levels and with a lingering ECB easing risk premium EURUSD will start the leg lower after we clear Fed and PMIs.
From a technical standpoint we are sitting at strong resistance, any kneejerks higher (unlikely) will attract a lot of selling interest.
Best of luck all those trading Fed
Expecting the Fed to lower the “dots” signalling one hike in 2019 … a “one and done” approach. June seems unlikely now as the Fed has started to focus on inflation to keep equity markets happy.
My base case is for a hike in December meaning the dollar looks underpriced at current levels and with a lingering ECB easing risk premium EURUSD will start the leg lower after we clear Fed and PMIs.
From a technical standpoint we are sitting at strong resistance, any kneejerks higher (unlikely) will attract a lot of selling interest.
Best of luck all those trading Fed
노트
"EURUSD will start the leg lower after we clear Fed and PMIs." ... currently in play노트
Reaching the final stages here for bears...거래청산: 타겟 닿음
First targets cleared on the test at 1.11183
관련 발행물
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.