That guy and a couple guys from forex.com YT give some pretty good technical info on a weekly basis Just enough to keep you thinking, remind yourself of the bigger picture and things to keep in mind. Same as this thread often does but the ...

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But it’s great if you can catch the volatile news gains and also great when you can trade the ranging or trending market.

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Wow only 12k NFP? Laughable

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I’m not even sure what indicator that is and don’t use it that’s why I was curious.

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Is the check mark the signal? I don’t see any arrows pointing up but do see 2 down before. Looks like it signaled the very bottom last time for a short if it is the check? or is the arrow up just not showing yet?

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ADP Non-Farm and Home Sales are through the roof while GDP is slightly down = bulls on parade EURUSD Fundamentals are a joke stick to technical trading

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The bounce was just a normal pull back after 3 weeks of bearish run

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Bear channel still intact for now

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Bear channel still intact for now

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How close to the big void will it get

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Definitely filled it already today but that’s an interesting thing to keep an eye on for sure

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Just a little delayed this time that’s all

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That can be said for nearly any post in this thread. Of course nobody knows for sure until things happen. Surely somebody here has enough experience that has been through rate cuts before and has a good idea of what will happen.

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Yes I get that The question was what will happen after their rate cut tomorrow…

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What will DXY look like after tomorrow’s fed rate cut though? That is the question Most likely DXY will go down and EURUSD will go up no?

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Thank you both for the info! It makes a little more sense now. Technicals are definitely easier to learn and deal with than fundamentals that’s for sure.

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Can anyone explain why cutting both the ECB and FED interest rates weakens the dollar and therefore making EURUSD rise?

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Nobody ever went broke taking profits

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The debate is wrecking the dollar

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