EUR/USD: Fed’s “Boring” FOMC Protocol
The DXY DOLLAR Index HIT A MULTI-YIEAR of 105.05 On FRIDAY, AFTER A SIX-WEEK Rise. The Last Time It Climbed This High Was 20 Years Ago.
the price continues to remain at maximum values, forming the final diagonal triangle in the wave of 5 of III. To complete this model, another growth wave is not enough, which will probably begin its development in the near future.
Four -hour USD/JPY schedule. The currency pair is held above the intermediate level of support 134.38 (6/8). This is a good signal indicating a possible resumption of the ascending movement in the direction of the previously noted goal at the main resistance level 137.50 (8/8).
daily graph: powerful breakdown of the lower envelope of the Bollinger on the background of strong trend pressure ADX. These are obvious signals for continuing the fall of the euro.