USD Weaker after Rate Hike The Fed have just hiked rates for the 3rd since the financial crisis. However, we they have also failed to give upgrades to economic projections and this sent sentiments south as the market perceived the whole thing as a less hawkish view. We could also view the sell off in
AUDUSD - On the 4hr chart. The price punched through the 15 ema and now pushing higher. Price have also broken out of the descending channel. Get ready to make a trade guys. Let the pair fall back to the 15 ema and once candle close with price still above the 15 ema, BUY.
Good day traders! The chart below show the euro dollar trending up. The pair went lower early this week and has since went above its last high of around a.332. Above here the pair can be seen targeting the resistance level 1.345. I will be watching this pair closely as it goes higher and I would