AceTrader - Best Intra-day Forex Trading Strategies


  Subscribe | Forget password


Daily Market Outlook Bookmark and Share

Daily Market Outlook (18 Sep 2019)
Update Time: 18 Sep 2019 00:49GMT
Next Update At: 00:30GMT
EUR/USD - 1.1071

Despite euro's decline from 1.1109 (Fri) to 1.0991 yesterday, subsequent rebound to 1.1074 in New York session due to broad-based liquidation of long usd positions ahead of FOMC's decision later today suggests price would 'gyrate' inside 1.0928-1.1109.  
Only above 1.1109 would extend erratic rise from Sep's 27-month bottom at 1.0927 towards next daily chart objective at 1.1164 whilst below 1.0991 would pressure price back down to good sup at 1.0927/28.  

Trendsetter does not warrant or guarantee the accuracy, timeliness or completeness to its service or information contained therein. Trendsetter does not give, whatsoever, warranties, expressed or implied, to the results to be obtained by using its services or information it provided. Users are trading on their own risk and Trendsetter shall not be responsible under any circumstances for the consequences of such activities. Trendsetter and its affiliates, in no event, be liable to users or any third parties for any consequential damages, however arising, including but not limited to damages caused by negligence whether such damages were foreseen or unforeseen.

  |    Home  |  Contact Us  |  Subscribe  |  Site Map  |  Disclaimer  |  Risk Disclosure  |  Advertise with us  |  Top