What will be the impact of Fed Taper on EURUSD pair ? | Diễn đàn Forex của Myfxbook

jpslayer

Tham gia từ Jun 24, 2012 27bài viết

Dec 19, 2013 at 11:57

Tham gia từ Jun 24, 2012 27bài viết

What will be the impact of Fed Taper on EURUSD pair ?

Thalantas

Tham gia từ Mar 29, 2012 192bài viết

Dec 19, 2013 at 14:46

Tham gia từ Mar 29, 2012 192bài viết

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.

A smooth sea never made a skillful sailor.

jpslayer

Tham gia từ Jun 24, 2012 27bài viết

Dec 23, 2013 at 13:56

Tham gia từ Jun 24, 2012 27bài viết

Oh I see .. It is mostly driven by the law of demand and supply if i understand.

Thanks dude

forex_trader_136673

Tham gia từ Jun 28, 2013 852bài viết

Dec 23, 2013 at 17:49

Tham gia từ Jun 28, 2013 852bài viết

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.

jpslayer

Tham gia từ Jun 24, 2012 27bài viết

Dec 23, 2013 at 20:48

Tham gia từ Jun 24, 2012 27bài viết

Thanks for the explanation Ardit ..

beatbonusesrules

Tham gia từ Dec 25, 2013 6bài viết

Dec 26, 2013 at 12:00

Tham gia từ Dec 25, 2013 6bài viết

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.

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