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Forex Trades 03/13 - European session - by [URL="www.forexticket.co.uk"]Forex ticket[/URL] (ex [URL="http://www.mataf.net"]mataf.net[/URL])
[b][img]http://www.forexticket.co.uk/images/_V3img/fleches/up_arrow_16.png[/img] [url="http://www.forexticket.co.uk/en/forex/eurusd"]EUR/USD - Euro / US Dollar[/url][/b]
[b]Entry[/b]: 1.317
[b]Stop[/b]: 1.3145
[b]Resistances[/b]: 1.3275 - 1.3225 - 1.3185
[b]Supports[/b]: 1.308 - 1.3125 - 1.316

[b][img]http://www.forexticket.co.uk/images/_V3img/fleches/down_arrow_16.png[/img] [url="http://www.forexticket.co.uk/en/forex/gbpusd"]GBP/USD - British Pound / US Dollar[/url][/b]
[b]Entry[/b]: 1.564
[b]Stop[/b]: 1.568
[b]Resistances[/b]: 1.5745 ...

[B]BIAS[/B]: While 1.5485-05 caps I feel this still has further to fall

[B]Resistance[/B]: 1.5660 1.5685-05 1.5725 1.5750
[B]Support[/B]: 1.5620-30 1.5602 1.5557-88 1.5532

[B]MAIN ANALYSIS[/B]: We didn't quite see the ideal retracement higher but the losses developed as expected and so far to 1.5602. I suspect we may have seen the corrective high at 1.5660 but allow for 1.5685-05 and from this broad area the next decline should extend back to the 1.5602 low and to the 1.5557-88 area. Expect a pullback from this support but not too deep - possibly around 50-60 points - before moving lower again down to 1.5512 minimum and I suspect the 1.5466-94 area is the more likely target for a modestly deeper ...

Attached Files

• The Brief Daily Forecaster.pdf (86.7 KB, 47 次查看)

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The FOMC is not expected to make any significant policy changes. While Bernanke is certainly unimpressed from the situation of the economy, he did acknowledge that employment is improving, and the scenario of QE3 has little chances.

What can the Fed do? Here are 4 scenarios and the potential reaction for the US dollar.

First, let’s discuss the little chances of QE3. Employment is part of the Fed’s mandate and it has caused great worries. The fresh jobs report was great, once again. It included a gain of 227K jobs in February, and an additional 61K jobs from revisions of previous data.

Read the rest of the article [B][I][URL="http://www.forexcrunch.com/4-scenarios-for-the-fed-decision/"]4 Scenarios ...