Menu

SP500 FUTURES. We are catching the drop. Interest Rates Hike.

FXPRO

As many are expecting that the FED will not be able to hike the Interest Rates, the prices in the Indices have tried to go up some more but recent comments of FED Officials suggest that the hike could be very possible and soon, sending the SP500, DOW, NASDAQ... to a SELLOFF reaction.

In the Trading Room Live we are catching the drop a little bit late (2138.25) but we are in. Price right now is at 2121.50 in small profit. Position is now protected with SL and targeting 2108, 2110. 
We don't think the prices will continue falling longer. (We will close position if we see a reversal.)

In GOLD we are doing similar. (selling momentarily)

 

TITLE_OF_LIGHTBOX

Risk Warning: You have already read the footer of this website.

Do you find this signal/advice useful? - Share it, others may also need it.

For real time signals and advice join our Private Trading Room.

We-trade-for-you-780x123

NZDUSD Forecast. Coming downside

FXPRO

UPDATE: 28th Aug./ After the #JacksonHole Event with Yellen's speech we come back to see this pair for the possible downside from current price (0.72400

Many will stay cautious because NFP coming this week.

Unfortunately the targets possible for now are only around 60 - 100 pips. because I don't see yet a strong still Selling. The Interest Rates Hike possibility can still fade. The NZDUSD pair can still have a chance to go up again. Current targets could be around 0.71752 , 0.71357. Caution.

The second scenario right now is start to go up from this current point 0.72400 as the Rate Hike possibility fades. (if)

***

NZDUSD Forecast. 

Current price is 0.71220 
We have initiated a Sell at 0.71335, we are going to look to target the 0.69, 0.67 levels.

Pullbacks expected in the process.

We will look at the New Zealand Interest Rates decision on Wednesday. We will cut position if necessary.

 

TITLE_OF_LIGHTBOX

Risk Warning: You have already read the footer of this website.

Do you find this signal/advice useful? - Share it, others may also need it.

For real time signals and advice join our Private Trading Room.

We-trade-for-you-780x123