Powell Fails to Steer Markets Towards Another Hike. What Now?

EUR/USD & GOLD PRICE FORECAST Gold prices and EUR/USD could gain ground in the near term, but the broader trend may hinge on incoming U.S. economic data Attention will be on the ISM services PMI and the U.S. labor market report later this week This article looks at XAU/USD and EUR/USD’s key levels to watch … ادامه

Fed Stays Put but Retains Hiking Bias, Gold & US Dollar Display Limited Volatility

FOMC INTEREST RATE DECISION KEY POINTS The Federal Reserve stands pat on monetary policy, keeping interest rates unchanged at 5.25%-5.50% for the second straight meeting Forward guidance leaves the door open for further policy firming Gold and the U.S. dollar displayed limited volatility after the FOMC statement was released Most Read: Bank of England Preview … ادامه

100-Day MA Provides Support to WTI but Will it Last?

WTI OIL PRICE, CHARTS AND ANALYSIS: WTI Struggling to Hold the High Ground Thanks in Part to a Resurgent US Dollar. Middle East Conflict to Remain a Critical Driver as it Continues to Underpin Oil Prices. EIA Inventories Rose Once More According to the Data. To Learn More About Price Action,Chart PatternsandMoving Averages, Check out … ادامه

Rates to Stay Put but QT due for Review?

Bank of England Preview Interest rates are expected to remain on hold as price pressures ease BoE may discuss a rethink of their QT process as the ‘term premium’ complicates the selling of longer-dater issuances Markets look to incoming economic data for clues on economic stress, GDP up next UK housing market squeeze and lowest … ادامه

Japanese Yen (USD/JPY) Nearing a 33-Year High on Further Stimulus Talk

Japanese Yen Prices, Charts, and Analysis The USD/JPY line in the sand has been crossed FOMC decision will steer USD/JPY in the short-term Recommended by Nick Cawley Get Your Free JPY Forecast The Japanese Yen is less than one point away from trading at its weakest level against the US dollar in over thirty-three years, … ادامه

FTSE 100 Edges Higher while Dax and S&P 500 Struggle

Article by IG Chief Market Analyst Chris Beauchamp FTSE 100, DAX 40, S&P 500 – Analysis and Charts ​​​FTSE 100 clings on above 7330 ​An attempt to continue Monday’s bounce hit some selling yesterday, helped along by the poor reaction to BP’s results. ​A close above 7350 would be needed to indicate that the buyers … ادامه

Euro Looks Vulnerable as All Eyes Shift to FOMC

EUR/USD ANALYSIS FOMC announcement under the spotlight today. EUR/USD rising wedge breakout could see euro collapse further. Elevate your trading skills and gain a competitive edge. Get your hands on the Euro Q4 outlook today for exclusive insights into key market catalysts that should be on every trader’s radar. Recommended by Warren Venketas Get Your … ادامه

Fed Policy Outlook to Dictate Market Trend

EUR/USD, NASDAQ 100 OUTLOOK: The Fed’s interest rate announcement will take center stage on Wednesday A dovish monetary policy outlook could spark a rally in risk assets and weigh on the U.S. dollar. A hawkish outcome would have the opposite effect In this article, we scrutinize key technical thresholds for observation on the Nasdaq 100 … ادامه

Golden Cross Pattern Fails to Inspire Higher Prices, What Next?

BITCOIN, CRYPTO KEY POINTS: READ MORE: Gold (XAU/USD) Prices Flirt with $2000 Level, Eyeing the FOMC Meeting for Fresh Impetus Bitcoin prices have taken a bit of a breather since the expansive rally that broke above the $35k mark last week Tuesday. Since then, it appears to be a case of uncertainty and rangebound trade … ادامه

Japanese Yen Craters after BoJ Fails to Appease Bears, USD/JPY & EUR/JPY Soar

JAPANESE YEN FORECAST The Japanese yen depreciates sharply against the U.S. dollar and the euro after the Bank of Japan maintains its policy of negative rates and only modestly tweaks its yield curve control program Japan’s Ministry of Finance says it has not intervened in the FX market recently This piece examines the crucial technical … ادامه