What will be the impact of Fed Taper on EURUSD pair ?
Dec 19, 2013 at 11:57
Vistas 539
8 Replies
Dec 19, 2013 at 14:46
Well such a shame it already happen yesterday night, it had little effect as it was a tiny taper of $10 billion.
The effect is simple, it follows the law of offer and demand. The scarcity of something defines its value. If you stop printing billions of green bills, it should start appreciating.
The effect is simple, it follows the law of offer and demand. The scarcity of something defines its value. If you stop printing billions of green bills, it should start appreciating.
A smooth sea never made a skillful sailor.
forex_trader_136673
Miembro desde Jun 28, 2013
posts 852
Dec 23, 2013 at 17:49
There is nothing written on stone, it is how the market will react to such a news.
Fed deliberately picked December to announce taper because it's quiet bullish for stock. As you might know, S&P 500 is breaking new record every month.
That's only short term impact IMO, on long term as @Thalantas noted supply/demand will rule the market.
Fed deliberately picked December to announce taper because it's quiet bullish for stock. As you might know, S&P 500 is breaking new record every month.
That's only short term impact IMO, on long term as @Thalantas noted supply/demand will rule the market.
Miembro desde Dec 25, 2013
posts 6
Dec 26, 2013 at 12:00
First High and Then Rally to Low Level. Long-Term Target For this pair is 1.32x - 1.28x on downside and 1.40x - 1.44x on upside.
the best support is 1.344x level and the best resistance is 1.388x Level.
the best support is 1.344x level and the best resistance is 1.388x Level.
The Greatest Teacher Is RULE. if you think can't beat the rules,then join it for better experience!
Miembro desde Apr 14, 2013
posts 402
Jan 09, 2014 at 21:37
Don't you hate it when no one actually answers your question?
Focus on pip-drawdown
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