Today 35 min from now in beginners room live session about an after work strategy
Now in advanced room with Frank - a MACD fan club meeting
As promised during the live session- I added a link ( check the pinned message) to the indicator -"The First Red" that detects candles changing direction on the MACD, good for scalpers.
The Bank of Japan Governor Ueda said the Bank could have enough data by year-end to determine whether it can end negative rates
"Once we're convinced Japan will see sustained rises in inflation accompanied by wage growth, there are various options we can take,"
"If we judge that Japan can achieve its inflation target even after ending negative rates, we'll do so,"
Ueda said in the meantime the BOJ will "patiently" maintain ultra-loose policy: "While Japan is showing budding positive signs, achievement of our target isn't in sight yet,"
wage rises are beginning to push up service prices. The key is whether wages will keep rising next year, Ueda said. "We can't rule out the possibility we'll get enough information and data by year-end," he was quoted as saying on the timing for ending negative rates.
"Once we're convinced Japan will see sustained rises in inflation accompanied by wage growth, there are various options we can take,"
"If we judge that Japan can achieve its inflation target even after ending negative rates, we'll do so,"
Ueda said in the meantime the BOJ will "patiently" maintain ultra-loose policy: "While Japan is showing budding positive signs, achievement of our target isn't in sight yet,"
wage rises are beginning to push up service prices. The key is whether wages will keep rising next year, Ueda said. "We can't rule out the possibility we'll get enough information and data by year-end," he was quoted as saying on the timing for ending negative rates.
Now 8-9 GMT+1 a session about PA+MACD in beginners room
now 9-10 GMT+1 in advanced room - a bit about fundamentals and technical trading
This week two important events: CPI from USA and interest rates in EU , read more: https://comparic.com/market-awaiting-us-inflation-and-ecb-decision/
Forex News, Analysis, Charts and Forex Brokers |comparic.com
Market awaiting US inflation and ECB decision - comparic.com
This week the market is waiting for two important events. The first ( Wednesday 2:30 pm) is the level of inflation in the US, and the second is Thursday’s ECB decision on interest rates in the Eurozone. Both events will undoubtedly affect currency rates and…
Important day today... CPI data at 13:30 GMT+1. I will have two live sessions today - first at 9-10GMT+1 in beginners room -"OPOS" strategy.
hello traders - today the ECB day...be ready for volatility. Now I'm in advanced room with Andrew - we will discuss the possibilities on EUR and pairs
At 14:15 we will learn the ECB's decision - what interest rates will be in the EUR zone.The market expects an increase of 0.25%. I wrote about it here: https://comparic.com/market-awaiting-us-inflation-and-ecb-decision/ . It is difficult to predict how the market will behave after this decision, but if the ECB refrains from a hike, it could strongly weaken the EUR. Looking at the chart from a purely technical point of view, the current price is located between the demand zone and the recently defeated channel support (red line). It is also worth noting the MACD oscillator, which is currently in an upward phase. If at the end of the day the MACD does not change direction (the price must be above 1.0712), it may signal a strengthening of the EUR in the coming days and a move towards the mentioned channel support. If, however, the price closes below 1.0712, MACD will change direction and enter the downward phase, which may deepen declines even to the next demand zone of 1.0530.