June 4th Price Action Pre/Post FOMC Decision
In this section I look at how the CAC 40 and DAX 40 price action behaved 2 days prior leading up to the the Wednesday FOMC June meeting rate decision and meeting, during the Wednesday morning leading up to the FMOC decision and the morning after the decision.
Quick Links
DAX 40 2 Days PRE FOMC
Monday and Tuesday PRE FOMC June meeting.
DAX 40 14th June PRE Rate and Meeting
The below chart shows us the price action from the Uk session open at 8:00am and the close 16:45.
Analysis
- Second 5 minute candle break out
- Push higher through out the day, with 4 pull backs
DAX 40 FOMC Rate Decision and Meeting
The below chart shows us the price action from the Rate Decision at 19:00pm and also the Fed Meeting at 19:30pm. The Arrow shows the decision announcment.
Analysis
- Second 5 minute candle break out
- Push higher through out the day, with 4 pull backs
DAX 40 POST FOMC Rate and Meeting
The below chart shows us the price action from the Uk session open at 8:00am and the close 16:45.
Analysis
- Second 5 minute candle break out
- Push higher through out the day, with 4 pull backs