Forex Orders


It’s all about the Fed today, and there isn’t anything too significant on the option expiries board to really influence price action in the meantime.

There is a decent sized one for USD/JPY at 141.00 but we might not really revisit that level until we get to the FOMC meeting later. The pair is down 0.7% to 141.43 but yields are holding up, so selling pressures might ease up a little later in European trading.

Besides that, there’s not much else to really comment on the expiries for today. Market players are all eyeing the Fed decision later and that’s arguably the most important driver for trading sentiment, not just for today but for the remainder of the week as well.

For more information on how to use this data, you may refer to this post here.



Source link

Articles You May Like

Begini cara menggunakan strategi Breakout #trading #forex #shorts
Maximizing Profits in Binary Options Trading | FOREX TRADING STRATEGIES
ICYMI – Citi base case is for no USD/JPY intervention before 160
The Truth About High Impact News Exposed!
Easiest 5 MIN Supply & Demand Scalping Strategy (Trading GOLD & FOREX)

Leave a Reply

Your email address will not be published. Required fields are marked *