Tools for TradersTop Movers | Heat Map | Pivot Point | Pivot Meters | Action Bias | Volatility Charts Action InsightDollar Stays Weak Despite Fed Hike and Tax Bill, EUR/USD Now Targeting 1.2 Dollar tumbled broadly after FOMC rate hike as most likely an extended selloff after core CPI miss. News on the progress in Republican's tax bill provided little support to the Dollar. Technically, Do... FOMC Hikes Rate For Third Time, With Two Dissents The greenback got dumped, as a result of a series events happened over the past day. Defeat of GOP Roy Moore in the Alabama Senate race and the miss of the core CPI were followed by a final version of... Technical OutlookEUR/USD Daily Outlook EUR/USD's strong break of 1.1814 resistance suggest that corrective pull back from 1.1960 has completed at 1.1717 already. Also, as the pair defended 1.1712 cluster support (61.8% retracement of 1.1... AUD/USD Daily Outlook AUD/USD's strong rebound and break of 0.7652 indicates short term bottoming at 0.7500, on bullish convergence condition in 4 hour MACD. Intraday bias is now on the upside for further rise. However, we... Suggested ReadingsThe FOMC Takes Another Step Toward Normal Fed Delivers December Hike, With More Tightening in Store Next Year FOMC Review: Broadly Unchanged Fed Signal Federal Reserve Hikes Rates in December Can the ECB and BoE Deliver a Holiday Treat? Euro and Pound at Risk from Aurprises as ECB and BoE Meetings Seen as Non-Events UK Retailers Wait for Christmas, But Downside Risks Remain in the Background Economic Data
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