Hello Traders, what’s going on market after US closing?

USD/CHF

After this session, we can spot some of pretty nice signals – unfortunately, we’re right before FOMC decision on its monetary policy which might cause a little rollercoaster on dollar pairs. Clear technical view says that we’ve got a nice bullish engulfing on USD/CHF. It’s a great buy signal but with tommorows FOMC I’d recommend to stay away from market. 139

USD/JPY

Same ifs and buts as on USD/CHF – we have a clear pinbar on USD/JPY in the moment of creating this article, but with FOMC decision it is quite dangerous to getting involved in dollar pairs. Looking on the W1 chart we can spot, that 116.00 is an area of a great turnback on USD/JPY lasting since the end of 2014. 232

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