EUR/USD
BUY LMT ENTRY @ 1.1150 SL 1.1095 TP 1.1367
USD/JPY
SELL LMT ENTRY @ 120.50 SL 120.80 TP 118.70
GBP/USD
BUY LMT ENTRY @ 1.5690 SL 1.5300 TP 1.5540
USD/CHF
SELL LMT ENTRY @ 0.9280 SL 0.9343 TP 0.9180
EUR/JPY
SELL LMT ENTRY @ 133.92 SL 134.47 TP 133.25
EUR/GBP
BUY LMT ENTRY @ 0.7155 SL 0.7057 TP 0.7223
AUD/JPY
BUY LMT ENTRY @ 96.35 SL 95.80 TP 97.19
CHF/JPY
BUY LMT ENTRY @ 130.13 SL 128.25 TP 131.00
XAU/USD
SELL LMT ENTRY @ 1195 SL 1230 TP 1142
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Editors’ Picks
EUR/USD climbs to daily highs near 1.1180 following the Fed’s decision
EUR/USD now picks up extra pace and revisits the 1.1180 region after the Federal Reserve decided to cut its interest rates by 50 bps at its event on Wednesday.
GBP/USD hits fresh tops near 1.3300 on weaker Dollar
The Greenback is now accelerating its decline following the Fed’s decision to reduce its interest rates, sending GBP/USD to fresh tops in the 1.3290 zone.
Gold surrenders gains and drops to weekly lows near $2,550
Gold prices reverses the initial uptick to record highs around the $$2,600 per ounce troy, coming under renewed downside pressure and revisiting the $2,550 zone amidst the late recovery in the US Dollar.
Federal Reserve set for first interest-rate reduction in four years amid growing bets of jumbo cut
The Federal Reserve is widely expected to lower the policy rate after the September meeting. The revised Summary of Economic Projections and Fed Chairman Powell’s remarks could provide important clues about the rate outlook.
UK CPI set to grow at stable 2.2% in August ahead of BoE meeting
The United Kingdom Office for National Statistics will release August Consumer Price Index figures on Wednesday. Inflation, as measured by the CPI, is one of the main factors on which the Bank of England bases its monetary policy decision, meaning the data is considered a major mover of the Pound Sterling.
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