Forex News Update
3:45pm: BOE Gov Bailey speaks, potential GBP volatility.
CAD in focus: BOC Monetary Policy Report, Rate Statement, and Overnight Rate (expected 3.00% to 3.25%) at 4:00pm, followed by BOC Press Conference at 4:30pm.
USD: Crude Oil Inventories at 4:30pm (prev 2.2M vs. forecast -1.0M).
8:00pm: Federal Funds Rate expected to hold at 4.50%, FOMC Statement, and Press Conference at 8:30pm.
Key day for CAD and USD traders! 🚀 #Forex #BOE #BOC #Fxsignalspot
3:45pm: BOE Gov Bailey speaks, potential GBP volatility.
CAD in focus: BOC Monetary Policy Report, Rate Statement, and Overnight Rate (expected 3.00% to 3.25%) at 4:00pm, followed by BOC Press Conference at 4:30pm.
USD: Crude Oil Inventories at 4:30pm (prev 2.2M vs. forecast -1.0M).
8:00pm: Federal Funds Rate expected to hold at 4.50%, FOMC Statement, and Press Conference at 8:30pm.
Key day for CAD and USD traders! 🚀 #Forex #BOE #BOC #Fxsignalspot
🚨 TRADE ALERT: EURJPY BUY SIGNAL 🚨
Entry Zone: 161.525
Stop Loss (SL): 161.00 (Adjust based on risk tolerance)
Take Profit (TP):
TP1: 162.00
TP2: 162.50 (Trailing SL advised)
Rationale:
Price bouncing off key support level.
Bullish momentum on lower timeframes (e.g., 1H/4H).
Potential breakout/retest pattern in play.
📈 Chart Analysis:
RSI oversold reversal.
MACD crossover signaling upward momentum.
⚠️ Risk Management:
Risk ≤ 2% per trade.
Monitor JPY-related news (BoJ interventions, EUR data).
👉 Follow for updates!
#EURJPY #ForexSignals #Fxsignalspot
Entry Zone: 161.525
Stop Loss (SL): 161.00 (Adjust based on risk tolerance)
Take Profit (TP):
TP1: 162.00
TP2: 162.50 (Trailing SL advised)
Rationale:
Price bouncing off key support level.
Bullish momentum on lower timeframes (e.g., 1H/4H).
Potential breakout/retest pattern in play.
📈 Chart Analysis:
RSI oversold reversal.
MACD crossover signaling upward momentum.
⚠️ Risk Management:
Risk ≤ 2% per trade.
Monitor JPY-related news (BoJ interventions, EUR data).
👉 Follow for updates!
#EURJPY #ForexSignals #Fxsignalspot