Sell Eur/Usd

[hellikson]

So Iris,

Do you think the pair will have a Buy early tomorrow morning and then a Sell in the afternoon after Greenspan's announcement?

Thanks.

[Iris]

Eur/Usd............

Looking for a North containment at the 618Fib at 1.2991<>1.30 for a South Reversal decline thru 1.29 to 1.2850 basis.

Time/Price is contained at the Monthly 618Fib and a new Alltime High at 1.3004...US Trade data is -3.7% lower at $51.6B...Oil continues its South slide with a new Low at $46.96 and Gold down slightly at $435.70 and the US Dollar hovering at 84 basis.

Looking for a North containment for Eur/Usd at 1.2975<>1.2960 for a South decline thru 1.29 to 1.2850<>1.2807 basis.

[Iris]

Eur/Usd..............

Time/Price is contained at the Monthly 618Fib and a new Alltime High at 1.3004...US Trade data is -3.7% lower at $51.6B...Oil continues its South slide with a new Low at $46.96 and Gold down slightly at $435.70 and the US Dollar hovering at 84 basis.

Looking for a North containment for Eur/Usd at 1.2975<>1.2960 for a South decline thru 1.29 to 1.2850<>1.2807 basis.

Time/Price has South decline Low currently at 1.2846...FOMC decision next up...Looking for North containment to move down to 1.2935 for another South decline thru 1.29 to 1.2850 for further weakness to 1.2807<>1.2780 basis.

[Iris]

US Dollar Index...............

The Bond Market awaits the FED statement...as the 25bps has already been factored into the Market thus bringing the FED hike to 2.00%... the US Dollar sits at 84.31 and close to a break thru to -83<>+85 basis...the prior FED statement Rallied the Bond Market on low inflationary pressures where tommorow the Ears will be listening for possible deficit comments in conjunction to the current outlook on Growth/Debt/Inflation measures.

Gold hits 16 year Highs at $436 and the US Dollar firms at 84<>84.50 with a Oil Reversal from $55 to $47....with the Bond Market poised for an advance to the Yield curve.

US Trade data...and then the FOMC delivers to the Bond Market and the US Dollar...the Fundamentals.

The US Dollar at 84.50 basis...FOMC at 2:15EST....

Time for the Fundamentals.

[hellikson]

Buy, or Sell?

[hellikson]

I have a sell entry at 70, and a buy entry at 90

[Iris]

Time/Price has South decline Low currently at 1.2846...FOMC decision next up...Looking for North containment to move down to 1.2935 for another South decline thru 1.29 to 1.2850 for further weakness to 1.2807<>1.2780 basis.

FED hikes to 2.00%........ above quote still holds.

[hellikson]

That's the Friday FOMC announcement, right?