S&P 500, Dow Jones & Nasdaq 100 Charts: Yearly Lows and FOMC in Focus

This week the major U.S. indices are testing the year lows, today we have the FOMC which may be a catalyst for making or breaking those important levels.


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US Dollar, Yen May Rise as the Fed Maintains Hawkish Bias

The US Dollar is likely to rise as the Federal Reserve maintains a hawkish policy bias, dashing the markets’ hopes for reprieve. Follow-on risk aversion may boost the Yen.


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Gold Prices May Drop as Fed Disappoints Hopes for Dovish Pivot

Gold prices may drop as Federal Reserve officials disappoint hopes for a dovish turn in monetary policy, hinting that several rate hikes are still in cards for 2019.


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Asian Stocks Mixed As Markets Wait For Fed, USD Pressured

Investors think that the US central bank will raise rates once more on Wednesday, but stocks were supported by expectations of a more measured hiking pace ahead


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USD/NOK Technical Analysis: Bullish Outlook for 2019

USD/NOK has broken the resistance of a 3-year trading range and the fundamental outlook appears to support a bullish direction for the pair heading into 2019.


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USD/PHP Prices May Extend Climb as USD/MYR and USD/IDR Fall

The Philippine Peso had its worst day against the US Dollar since May, USD/PHP could be vulnerable to reversing its dominant downtrend. Meanwhile USD/MYR and USD/IDR may turn lower.


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A Critical Fed Decision’s Policy and Market Response Scenarios

The Federal Reserve is due to announce its final monetary policy decision of the year with forecasts of a 25 basis point hike priced in and speculation of three hikes through 2019 under serious scrutiny. What are the scenarios and market responses?


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Japanese Yen Technical Analysis: USD/JPY Wilts, Don’t Trust Move Yet

The Japanese Yen has staged a little fightback against the US Dollar, and it may well have further to run. However, it may be too late in the year to entirely trust this move


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AUD/USD Technical Analysis: Sellers Struggle for Follow-Through

Australian Dollar sellers are struggling to find follow-through after pushing the currency below support guiding the upswing from late October against its US counterpart.


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Riksbank Likely to Delay Rate Hike as Political Gridlock Continues

Sweden’s Riksbank is likely to postpone hiking rates from December to February amid unprecedented political gridlock and slowing economic growth.


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S&P 500 Threatening to Jump Into a Bear Trend on Any Fed Misstep

The stakes couldn’t be higher. The S&P 500 and Dow are standing on the cusp of a high profile reversal pattern, defying December’s liquidity conventions and now a key Fed decision approaches.


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Asia Stocks Await Fed as Oil Prices Overshadowed by Bullish Signal

Asia stocks may trade mixed, awaiting the Fed after the S&P 500 failed to hold on to gains. Crude oil prices extended declines but are overshadowed by a bullish technical signal.


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AUD/USD Rate Risks Range-Bound Conditions as Bearish Momentum Abates

AUD/USD may continue to consolidate ahead of the Federal Reserve interest rate decision as the bearish momentum appears to be abating.


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US Dollar Price Action Setups Ahead of FOMC: USDJPY, USDCAD, USDCHF

Tomorrow brings the final rate decision out of the FOMC for 2018, and the bank is widely-expected to hike rates for the fourth time this year. But - what will they say about 2019?


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EUR/USD Price Outlook: Euro Consolidation Looks to FOMC For Fuel

A breakout of the Euro consolidation range is imminent heading into the FOMC rate decision. Here are the targets & invalidation levels that matter on the EUR/USD charts.


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Major Commodities

This major commodities guide covers all traders should know about the most tradeable commodities, what moves their prices, and why.


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USD/JPY Retail Sentiment Shifts, RSI Snaps Bullish Trend Ahead of FOMC

Recent price action in USD/JPY appears to have spurred a shift in retail sentiment, with the Relative Strength Index (RSI) starting to flash a bearish signal.


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USD/JPY 2-Month Highest Net Long Position Indicates a Strong Bearish Bias

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USDJPY-bearish contrarian trading bias.


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USD/JPY, USD/CHF Bounce From Support Ahead of the Fed

Tomorrow brings the final FOMC rate decision for 2018, and the bank is widely-anticipated to hike rates for the fourth time this year. But - what do they have to say about 2019 and thereafter?


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DXY Index Remains in Consolidation in Lead Up to FOMC

A quiet economic calendar the rest of Tuesday means traders will be making last minute preparations for the December FOMC meeting.


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