a beginner's attempt at the pairs

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EURUSD is overvalued still...and so is GBPUSD and NZDUSD whereas AUDUSD is undervalued - possibly...thus, AUDUSD may not depreciate as much as others.

On the hand, USDCAD and USDJPY, speculators were on short-positions to prevent prices going excessively high prior to the announcement...

I guess that's all I can say...for further analysis, I will leave it you.
There will be high volatility in prices at the announcement, so better to set your limit/stop orders far away from the spot price. Maybe at previous day closing...anywhere that looks safe.

Good luck guys :)
 
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I won't be in anything around the FOMC announcement..been burned too many times before with it running one way reversing on a dime running the other.
 
Now, my eye is now on Pound. There is interest rate decision later during European session.
If they stay at the current interest rate, they're likely to face the same fate as EURO - depreciation.

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Pound pairs
GBPUSD
EURGBP
GBPJPY

GBPCHF
GBPAUD
GBPNZD
 
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Just as I expected that the Bank of England did not change the interest rate :)

Long Eurgbp
Short gbpusd, gbpaud, gbpcad, gbpjpy and gbpchf

Happy Boxing Day everyone :)
 
But unlike eurusd last week, sterling pound has recovered and is currently strengthening again. So when interest rate is unchanged it has temporary impact after all.
I don't know why euro had bigger negative impact last week when they did not change interest rate...
 
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