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Euro/Dollar: Expected Consolidation Till American Session

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 28, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Hourly Yesterday’s Trading: On Tuesday the DXY index closed up slightly, despite the weak US stats. Durable goods orders, the consumer confidence index and the service sector PMI for the country were all worse than expected. The FOMC meeting which began yesterday is holding the dollar from falling. The Federal Reserve’s interest rate decision will be made public this evening at 20:00 EET. The US consumer confidence index for October stood at 97.6 (forecasted: 102.9, previous: reassessed from

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