China Market Watch: PBoC Action In Focus. Will Beijing Calm Market Nerves?
Watch PBoC action for possible signal of Beijing's support
Japanese Yen Forecast: USD/JPY Breakout Imminent- FOMC Levels
USD/JPY ripped back into Fibonacci resistance with the May opening-range taking shape just below. These are the levels that matter on the weekly technical chart.
Will the September Fed Meeting Boost the US Dollar? – The Macro Setup
Recent gains by the US Dollar (via the DXY Index) have gone hand-in-hand with Fed rate hike odds and action in US Treasury yields.
Pre-FOMC US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/JPY
Tomorrow brings the Fed for a highly-anticipated rate decision. Will the FOMC announce taper, or will they punt to the November rate decision?
Copper Price Forecast: Evergrande Contagion Infects Charts
Copper prices are quickly heading back towards their August low – and perhaps lower.
Dow Jones Industrial Average Lower Towards 200-Day
The Dow continues to look poised for more weakness, with an important threshold seen as getting tested soon.
USD/CAD Struggles to Test August High Ahead of FOMC Rate Decision
USD/CAD may consolidate ahead of the Federal Reserve interest rate decision as the exchange rate struggles to test the August high (1.2949).
Japanese Yen Outlook: JPY Poised for Breakout Ahead of BoJ Rate Decision
The tumbling USD/JPY may continue leading up to the Bank of Japan (BoJ) and FOMC rate decisions tomorrow as the Japanese Yen piggy backs off global risk aversion.
Gold Price and Silver Forecast: Support Levels Look Vulnerable to Breaking
Gold is finding a little strength off support, so is silver; but the question is whether those levels can hold in light of recent events.
Market Sentiment Webinar: Will Wall Street Rally After Evergrande Setback?
Trader confidence has suffered from fears that China’s Evergrande is on the brink of default. The question now is whether confidence will return or whether there is more selling to…