Post FED Decision Update: Active Price Action

Investors and traders have experienced an increase in market volatility with the financial markets in Asia and the US markets. Leading the barrage of news was the FED's refrained from moving a rate increase which was somehow anticipated by most analyst.

The DOW's high reaching 16933 nearest to our target levels of 17000 have manage to pull back and have decline back down to the current 16674 where it came from. A short trading session for the weak have likewise been part of a relative good follow through and lack of volumes to create a continued rally. A similar case transpired with the USD index after making a relatively good price recovery from the 94.85 basis point and managed to pull back lower @94.05 that took a rapid price action after the FED's decision. And this led to a ripple price action effect that lifted the EURO and CABLE to their respective high levels, @1.1460 and @1.5660.

While sentiments of market price action spilled over in Asia with the JPN225 reaching a high @18644 then pulled back lower to its current levels @17840. And to top it off with Brent Oil steady @46.90-47.72 before making a rally @50.34 and with a similar reaction back to the 48.85 levels then pulling back higher to its current price @49.85. Prices will pause within these current levels after a week of price swings in both directions. as it moves forward to the closing of the 3rd quarter 2015.

With that said, prior to FED's decision, the market was poised to find itself walking to a volatile market place where our technical trade setups came through with flying colors for our constituents. As we previously called on our video support "Not Just forex: Price Action Analysis & Market Behavior Based on Correlation". Checkout the link. As these will lead towards the end of the quarter and a probable price recovery on the last quarter of the year. 

https://youtu.be/opXzWP5M1eQ