Markets Hold their Breath & Brace Themselves for Rate Decision 2015.09.17
September 17, 2015 05:23
EUR/USD
4 hour
The EUR/USD price movement will be heavily impacted by the FOMC news event and the U.S. interest rate decision.
1 hour
Depending on the news event, the EUR/USD will either correct higher to complete wave C (blue) or move lower and start a new impulsive wave (wave Y is then completed at recent top).
GBP/USD
4 hour
The GBP/USD price movement will be heavily impacted by the FOMC news event and the U.S. interest rate decision.
1 hour
Depending on the news event, price will move up to continue with wave C (orange) or move down in a new impulse.
USD/JPY
4 hour
The USD/JPY price movement will be heavily impacted by the FOMC news event and the U.S. interest rate decision.
1 hour
Depending on the news event, price will move up to continue with wave C (blue) or move down in a new impulse.