After struggling for direction in the morning, U.S. stocks find their footing and push higher in late trading, building on the previous session's monster rally.
Euro recovery off trend support is now approaching downtrend resistance with the post-FOMC rally now in focus. The levels that matter on the EUR/USD technical charts.
AUD/USD has rallied in recent days, and is now approaching key technical resistance near the 0.7420 area, where sellers could retake control of the market and trigger a pullback.
As the market begins to rally again and risk-sentiment regains, Ilya thinks some fundamentals in the global supply chain need to be priced in before oil prices can reach an…