|
Add Reply New Topic |
Weekly Strategy - Trump - Kim Chen Un meeting and Fed interest rates decision on focus this week |
Jun 11, 2018, 06:44 AM
Post
#1
|
||
Group: Members Posts: 113 Joined: February 25, 2016 From: Belgium Member No.: 27,915 |
Jun 11, 2018, 06:44 AM
Post
#1
|
EURUSD (1.1796)
Trend: Neutral/Downward Support/Resistance: 1.1510 - 1.1890 The politic is more important this week than the fundamental events. Probably the event for the year is the expecting meeting on Tuesday in Singapore between Trump and Kim Chen Un. The results by the Singapore meeting are important for the forex market and the Dollar. The other key event is from the last week in Canada. The faction in the Group of G7 will cause influence over the financial markets and mainly in Euro - Dollar. The major fundamental event is schedule for Wednesday FOMC Interest rates decision. It is widely expecting Fed to hike the interest rates with 25bps to 2.00%. ECB interest rates decision is schedule for Thursday but is not expecting changes. As overall the events may support the Dollar as we can see levels again back down to the key support at 1.1510. World-Signals.com trading strategy this week as overall is to trade into neutral direction and after the mid of the week into downward direction. World-Signals.com - Forex, Stock, Energy and Metal signals to the world
|
|
Add Reply |
|
Financial services provided by InstaForex Companies Group © 2008-2024 |
InstaForexTM is a registered trademark of InstaForex Group
|