Forex Strategy: Holding Short EUR/USD Into FOMC Rate Decision

RELATED QUOTES

SymbolPriceChange
EURUSD=X1.29720.01

My short EURUSD entry order at 1.2978 has been triggered and I will carry the trade into today's FOMC rate decision, seeing the possibility that Ben Bernanke and company will disappoint dovish expectations. I am initially targeting 1.2830, with a stop-loss set to trigger on a daily close above 1.3126.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.
Learn forex trading with a free practice account and trading charts from FXCM.

 
Recent Quotes
Symbol Price Change % Chg 
Your most recently viewed tickers will automatically show up here if you type a ticker in the "Enter symbol/company" at the bottom of this module.
You need to enable your browser cookies to view your most recent quotes.
 
Sign-in to view quotes in your portfolios.

Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    1.25990.00+0.00%
    USDSGD=X
    1.63460.01+0.52%
    EURSGD=X
    1.9043-0.00-0.24%
    GBPSGD=X
    81.72110.35+0.43%
    SGDJPY=X
    6.1598-0.00-0.00%
    SGDHKD=X
    2.39820.00+0.10%
    SGDMYR=X
    7,752.07961.58+0.02%
    SGDIDR=X
    4.8689-0.00-0.09%
    SGDCNY=X
    1.2333-0.00-0.15%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,403.0025.40+1.84%
    GCM13.CMX
    22.980.52+2.34%
    SIN13.CMX
    104.193.96+3.96%
    ^XAU
    3.410.07+1.97%
    HGN13.CMX
    95.14-1.04-1.08%
    CLN13.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    0.78-0.04
    ^FVX
    1.89-0.05
    ^TNX
    3.11-0.04
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.1150.01+8.49%
    5NG.SI
    0.1970.00+0.51%
    I26.SI
    0.1120.00+1.82%
    5RJ.SI
    0.700.02+3.70%
    Y92.SI
    0.4350.02+4.82%
    A50.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.350.13+59.09%
    502.SI
    0.160.03+22.14%
    5PF.SI
    0.2150.03+13.76%
    D6U.SI
    0.1450.01+10.69%
    B2X.SI
    0.9250.09+10.12%
    I07.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.134-0.02-11.84%
    N6H.SI
    0.135-0.01-9.40%
    O57.SI
    3.67-0.30-7.56%
    GZ9.SI
    0.10-0.01-7.41%
    D79.SI
    0.126-0.01-7.35%
    E25.SI