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Forex Signal For EUR/USD: Consolidation Situation as Focus Shifts to FOMC

Forex Signal For EUR/USD: Consolidation Situation as Focus Shifts to FOMC Forex Signal For EUR/USD: Consolidation Situation as Focus

Forex Signal For EUR/USD: Consolidation Situation as Focus Shifts to FOMC
Yazar: Ross Sutton

Yayınlanma: 25 Temmuz 2022 15:04

Güncellenme: 24 Kasım 2024 05:45

Forex Signal For EUR/USD: Consolidation Situation as Focus Shifts to FOMC

    Forex Signal For EUR/USD: Consolidation Situation as Focus Shifts to FOMC The pair is likely to continue its bearish trend as traders await the upcoming Fed decision.  

Bear Market Outlook

 
  • Sell ​​the EUR/USD pair and take profit at 1,0500.
  • Add a stop-loss at 1,0280.
  • Timetable: 1 day.
 

Forex Signal For EUR/USD: Consolidation Situation as Focus Shifts to FOMC

 

Bull Market Outlook

 
  • Set a buy stop at 1,0275 and a take profit at 1,0360.
  • Add a stop-loss at 1,0165.
EUR/USD is struggling to find direction as investors focus on the European Central Bank's (ECB) latest interest rate decision, with the focus on upcoming US consumer confidence data and Fed decision at 1,0251, just below 1,0278 last week. is being traded.   eurusd-crispus-25072022  

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