Forex Trading - RichDadph

2022-12-20 11:38:51 EUR/USD Outlook: ECB Delivers Fourth Hike, More to Come
https://www.forexcrunch.com/eur-usd-outlook-ecb-delivers-fourth-hike-more-to-come/

The European Central Bank slowed the rate at which it raised interest rates. The ECB increased the rate it pays on bank deposits by 50 basis points to 2%. Lagarde promised three more 50bps rate hikes to tame inflation. Today’s EUR/USD outlook is bullish as the ECB raised rates for the fourth time. On Thursday, … Continued (https://www.forexcrunch.com/eur-usd-outlook-ecb-delivers-fourth-hike-more-to-come/)
The post EUR/USD Outlook: ECB Delivers Fourth Hike, More to Come (https://www.forexcrunch.com/eur-usd-outlook-ecb-delivers-fourth-hike-more-to-come/) appeared first on Forex Crunch (https://www.forexcrunch.com/). Open / Comment

2022-12-20 08:09:29 Japanese yen rallies to 4-month high on BoJ policy tweak, Asia FX slips
https://ph.investing.com/news/forex-news/japanese-yen-rallies-to-4month-high-on-boj-policy-tweak-asia-fx-slips-764162 Open / Comment

2022-12-20 08:07:30 #USDCHF Intraday: 30MIN Chart
Under pressure

Our preference:
Take SELL positions below 0.9315 with targets at 0.9250 & 0.9235 in extension.

Comment:
Technically the RSI is below its neutrality area at 50.

http://www.richdadph.com/p/usd-chf.html Open / Comment

2022-12-19 16:28:03 Attention All Members of RichDadph Trading Community

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https://ibb.co/9cnD2Jb Open / Comment

2022-12-19 15:55:00 NZDCHF Sell NOW
Open: 0.59369
SL: 0.59976
TP: 0.58181
Use Small Lot Open / Comment

2022-12-19 15:54:55 CADJPY BUY NOW
Open: 99.618
SL: 98.880
TP: 101.545
Use Small Lot Open / Comment

2022-12-19 15:54:51 USDJPY Sell NOW
Open: 136.170
SL: 137.450
TP: 133.429
Use Small Lot Open / Comment

2022-12-19 11:35:41 Dollar slips with the yen in demand; BoJ meeting in focus
https://ph.investing.com/news/forex-news/dollar-slips-with-the-yen-in-demand-boj-meeting-in-focus-763504 Open / Comment

2022-12-19 11:14:59 Goldman Sachs Plans To Fire Up To 4,000 Employees

We’re talking about the premier investment bank so others will almost definitely follow.

To put that into perspective, that’s a whopping 8% of their total workforce, not insignificant. They’re also considering cutting bankers bonuses by as much 40% - which will not go down well at all.

Get ready for more headlines like this heading into 2023, as this is exactly what the Fed wants to bring inflation down.

Most forecasts are for an unemployment rate of around 4-6% in 2023.

BUT if we look at what the inverted yield curve is telling us, the last time it was this inverted, unemployment shot up to an eye-watering 10%.

Strap in. Open / Comment

2022-12-13 01:43:38 GBP/USD rebound unlikely to continue into 2023 as economic troubles bubble
https://ph.investing.com/news/forex-news/gbpusd-rebound-unlikely-to-continue-into-2023-as-economic-troubles-bubble-759363 Open / Comment