After kind off long weekend new week is starting from load of important news so do full week including payroll data on friday.The economic signals are so contradictory, it turns out, that even the deep thinkers at the Federal Reserve aren’t sure what to do. They were prepared to scale back a massive economic stimulus program in September, only to get cold feet after a flurry of tepid economic reports.
Hence probably this week may indicate/guide them for december FOMC meet.
Following are trade calls for today,
Hence probably this week may indicate/guide them for december FOMC meet.
Following are trade calls for today,
- Sell Dowjones around 16130/50 stop above 16220 first target 15960( this week)
- Sell Eur/Usd at 1.3645 stop above 1.3700 target 1.3570
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