The main event and this week, and last month, will be the speech by Janet Yellen, the head of the US Federal Reserve. September 21 at 21:30 Moscow time Yellen Federal Reserve will announce the verdict on monetary policy. At the same time the monetary regulator will announce the updated forecasts for GDP growth, employment, inflation, and further action FOMC. Regardless of the decision, from forex traders an opportunity to potentially earn a time of instability of the US dollar.
Andrew Dirgin chief analyst at Alfa-Forex believes, if the Fed will be decided to increase the rate, the US currency will react to this is the rapid and strong growth. But at constant exchange forex investors will pay attention to the tone of the Fed. Tough rhetoric mark the guaranteed rate hike in December, and a softer tone will make a small chance and deploy greenbacks down.
Forex Analyst Alpha Company believes that the economic situation in the United States does not have a momentary increase in rates, so the Fed will refrain from any action. This means that today the US currency in the evening will be under strong pressure.
Therefore, investors in the EURUSD pair is to use the following trading strategy: Buy at 1.1150 - 1.1200, Stop-Loss at 1.1125 and Take Profit at 1.1325 exhibited.
Try in the strategy proposed by the chief analyst of Alfa-Forex , and have the potential earnings to invest ideas Alpha Forex.
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Warning: The results of investments in the past can not guarantee future results. All analyzes are a private opinion of the author and do not bear a direct or indirect recommendation to trade. Special Freks is not responsible for the results that may arise when using the trade recommendations from the reviews submitted
