Tuesday December 13, 2016 - 21:44:14 GMT
Share This Story
Global-View.com - www.global-view.com
GVI Forex Trading Statistical Market BIAS Indicators Dec 17, 2016
Key EURUSD indicators are clustered around 1.0630, a resistance from last Friday broken yesterday but not firmly established. This will be a level to watch on Wednesday where the focus will be on the FOMC meeting. where a 25bp rate hike is widely expected.
Attention will on the FOMC statement and Chair Yellen's press conference, which will be scrutinized to see if there is any shift from current Fed expectations of two rate hikes in 2017. Those waiting for a hawkish tilt may have to wait until next year but this would be a surprise and trigger the greater reaction.
GVI Forex Trading Statistical Market BIAS Indicators--
EURUSD MACRO statistical Bias: Neutral
Spot EURUSD: 1.0622
20-day avg: 1.0629
Pivot Point: 1.0631
Forex Trading News
Daily Forex Market News
Forex news reports can be found on the forex research
headlines page below. Here you will find real-time forex market news reports
provided by respected contributors of currency trading information. Daily forex
market news, weekly forex research and monthly forex news features can be found
Real-time forex market news reports and features providing
other currency trading information can be accessed by clicking on any of the
headlines below. At the top of the forex blog page you will find the latest
forex trading information. Scroll down the page if you are looking for less
recent currency trading information. Scroll to the bottom of fx blog headlines
and click on the link for past reports on forex. Currency world news reports
from previous years can be found on the left sidebar under "FX Archives."