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! π #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! π #Forex #BOE #BOC #Fxsignalspot
π¨ TRADE ALERT: EURJPY BUY SIGNAL π¨
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.
π Chart Analysis:
RSI oversold reversal.
MACD crossover signaling upward momentum.
β οΈ Risk Management:
Risk β€ 2% per trade.
Monitor JPY-related news (BoJ interventions, EUR data).
π 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.
π Chart Analysis:
RSI oversold reversal.
MACD crossover signaling upward momentum.
β οΈ Risk Management:
Risk β€ 2% per trade.
Monitor JPY-related news (BoJ interventions, EUR data).
π Follow for updates!
#EURJPY #ForexSignals #Fxsignalspot
January's Non-Farm Payrolls increased by 154,000, indicating steady job growth, while the unemployment rate remained at 4.1%, with wage growth continuing upward. Yes, a stable labor market with steady job growth and rising wages generally supports a stronger USD #fxsignalspot
Forex & Economic News Update β Wednesday, June 25 π 3:00pm β USD
π€ Fed Chair Powell Testifies β MAJOR market mover! Expect volatility.
π New Home Sales β 694K (Below Forecast: 743K)
π Housing market showing signs of slowing. Trading Tip:
Powellβs testimony + weaker CPI (AUD) + housing slowdown (USD) = High volatility ahead! Tighten your risk management. #fxsignalspot.com
π€ Fed Chair Powell Testifies β MAJOR market mover! Expect volatility.
π New Home Sales β 694K (Below Forecast: 743K)
π Housing market showing signs of slowing. Trading Tip:
Powellβs testimony + weaker CPI (AUD) + housing slowdown (USD) = High volatility ahead! Tighten your risk management. #fxsignalspot.com
π Forex Market Outlook β Thursday, June 26
Get ready for a high-impact trading day! Here's a quick overview of todayβs key economic events and market-moving speeches across the EUR, GBP, USD, and CNY currencies.
π Major Highlights:
πΊπΈ USD Volatility Expected:
Final GDP q/q (-0.2% expected)
Unemployment Claims (Forecast: 244K)
Durable Goods Orders & Core Orders
FOMC Members Barkin, Harker, Barr & Bowman Speak
πͺπΊ ECB President Lagarde to speak tonight β keep an eye on EUR pairs!
π¬π§ UK Data & BOE Governor Bailey Speech could drive GBP volatility.
π¨π³ Chinaβs Leading Index release at 2:00 PM.
π‘ Watch out for increased volatility during U.S. session (1:30 PM β 7:30 PM GMT+1). Ideal time for intraday traders to tighten risk management!
π Pro Tip: Align your trades with the economic calendar and manage your exposure, especially during red-flag events.
πΌ [Refer to the image above for full details]
#fxsignalspot
Get ready for a high-impact trading day! Here's a quick overview of todayβs key economic events and market-moving speeches across the EUR, GBP, USD, and CNY currencies.
π Major Highlights:
πΊπΈ USD Volatility Expected:
Final GDP q/q (-0.2% expected)
Unemployment Claims (Forecast: 244K)
Durable Goods Orders & Core Orders
FOMC Members Barkin, Harker, Barr & Bowman Speak
πͺπΊ ECB President Lagarde to speak tonight β keep an eye on EUR pairs!
π¬π§ UK Data & BOE Governor Bailey Speech could drive GBP volatility.
π¨π³ Chinaβs Leading Index release at 2:00 PM.
π‘ Watch out for increased volatility during U.S. session (1:30 PM β 7:30 PM GMT+1). Ideal time for intraday traders to tighten risk management!
π Pro Tip: Align your trades with the economic calendar and manage your exposure, especially during red-flag events.
πΌ [Refer to the image above for full details]
#fxsignalspot
π¨ Market Movers: High-impact speeches by central bank heads at 2:30pm and major US data releases at 3:00pm could spark volatility in forex, equities, and commodities.
Stay alert and trade safely! π
#fxsignalspot #Forex #EconomicCalendar #MarketUpdate
Stay alert and trade safely! π
#fxsignalspot #Forex #EconomicCalendar #MarketUpdate