US Dollar Technical Analysis Ahead of the FOMC Meeting
The DXY remains vulnerable looking as the Fed meeting comes to a resolution tomorrow; meaningful support not far below to pay close attention to.
Bitcoin (BTC) Prices Stumble into Technical Support Ahead of FOMC
Bitcoin prices are struggling to gain momentum after a slight recovery last week. With the Fed and BoE rate decisions on the horizon, BTC may continue to be challenged by…
WTI Oil Poised for Triangle Breakout as Economic Headwinds Mount
WTI arrests slide as it posts first month of gains since May. Technicals are lining up for a potential breakout.
USD/JPY Slips Back As Market Looks To Fed Chair Powell
The Japanese Yen remains under severe pressure as global interest rate rises leave it a yield laggard.
EUR/USD Stuck Below Parity, All Eyes Turn to The Fed
The Euro is biding time ahead of Wednesday’s Fed decision and remains stuck below 1.000 after a brief foray higher at the end of last week.
British Pound News: GBP Dictated by USD Ahead of FOMC
GBP/USD remains planted around the 1.15 level while markets keenly await FOMC and BoE rate decisions.
Nifty 50 Technical Outlook: New Highs in Sight?
After having outperformed most of its peers, India’s Nifty 50 index is gearing up for a move to a fresh record high. What are the key levels to watch?
The US Dollar Eased as Treasury Yields Slipped and Risk Appetite Picked Up
The US Dollar has given up some ground so far today with a slide in Treasury yields and PMI data providing some relief for equity bulls. Will the US Dollar…
Dow Jones, Nasdaq 100 Technical Outlook: Will Dominant Downtrends Hold Next?
Despite recent gains in the Dow Jones and Nasdaq 100, dominant downtrends remain in play. Will this hold? The Nasdaq is eyeing an Ascending Triangle chart pattern.
Australian Dollar Dips After RBA Hike by 0.25% as Expected. Where to for AUD/USD?
The Australian Dollar weakened after the RBA raised the cash rate target by 25 basis points to 2.85% as the central bank slows down the inflation fight. Will AUD/USD go…