S&P 500, Nasdaq 100, Oil & More: Index & Commodity Charts

The stock market continues to be strong but nearing a big spot, so is oil with the March gap and multi-year resistance levels approaching.

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FOMC Meeting in Focus: Risks of EUR/USD Breakout With King Dollar Dethroned?

Fed looking to maintain positive mood music. Option signals suggest topside risks for EUR/USD.

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Crude Oil Prices May Fall with Stocks, Gold on Measured Fed Stance

Crude oil prices may fall alongside stocks and other cyclically-minded assets as well as gold if the Fed signals it is in no hurry to expand its stimulus menu.

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US Dollar vs Mexican Peso: USD/MXN Gears Up for Next Move as FOMC Meeting Looms

USD/MXN has made a short-term bottom after a multi-week sell-off and now waits for the latest FOMC rate decision and Fed chair Jerome Powell’s press conference.

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British Pound (GBP) Latest: GBP/USD Continues to Test Upside pre-FOMC

Sterling traders, like traders in other currencies, are waiting for the latest monetary decisions by the Federal Reserve but GBP/USD is continuing to challenge resistance ahead of the Fed’s announc...

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USD/JPY Clears Support, Nasdaq Breaks 10k as Markets Eye FOMC

The US Dollar is slicing through trend support against the Japanese Yen as the Nasdaq continues its push to record highs ahead of the FOMC monetary policy announcement.

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EUR/USD Outlook: March High on Radar as RSI Sits in Overbought Zone

EUR/USD may attempt to test the March high (1.1495) as the Relative Strength Index (RSI) sits in overbought territory.

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NZD/USD, NZD/JPY Rally At Risk Despite Easing Restrictions

The recent surge in the New Zealand Dollar may be at risk, as it fails to breach familiar resistance ahead of Wednesday’s FOMC meeting

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Bitcoin Price Chart: Will BTC/USD Fall With S&P 500 Index?

Bitcoin and the S&P 500 could both be at risk of capitulating ahead of possible retests of their respective uptrends. How might a pullback in the equity index impact BTC?

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USD/CAD Rate Forecast: RSI on Cusp of Offering Textbook Buy Signal

The Relative Strength Index (RSI) may offer a textbook buy signal for USD/CAD as the oscillator appears to be bouncing back from oversold territory.

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AUD/USD at a Turning Point Ahead of China CPI. APAC Stocks at Risk?

The cycle-sensitive Australian Dollar may turn lower with Asia-Pacific stock markets after Wall Street trade ended the day on a less-than optimistic note. China CPI data may exacerbate selloff.

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FOMC Rate Decision: US Dollar Vulnerable Around Fed Meetings

Fed meetings tend to cause above-average volatility in the US Dollar. Here's how EUR/USD, GBP/USD, USD/JPY, USD/CAD, AUD/USD and USD/CHF typically respond to FOMC rate decisions.

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Nasdaq 100 Breaches 10,000 for the First Time Ever, Bulls Rejoice

The Nasdaq 100 topped 10,000 for the first time ever as tech stocks continue to rally despite broader uncertainty in the underlying economy. Will this peak fuel a continuation higher?

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FTSE 100 Forecast: Gap Fill Leads to Quick Reversal, Is There Conviction?

The FTSE 100 recently filled a topside price gap, but quickly reversed lower. Will this move be met with conviction or can the Fed buoy market sentiment yet again?

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EUR/USD Weakness Continues as The US Dollar Catches a Pre-FOMC Bid

The latest set of hard Euro-Zone data confirmed the ongoing weakness in the single-block, while German exports crashed to a series low. EUR/USD continues to move lower ahead of Wednesday’s FOMC mee...

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DAX 30 & Euro Stoxx 50 Outlook: Reaching a Turning Point?

European indices taking a breather from its recent upside. Sizeable retracement raises questions over a turning point.

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British Pound (GBP) Latest: GBP/USD Rate Struggles to Break Resistance

The recent strength of GBP/USD is being held back by resistance at the 200-day moving average while the decline in EUR/GBP has halted at trendline support.

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Euro Fails at Resistance as Federal Reserve Expands Lending Program

The Euro struggled to close above an important psychological barrier as the Federal Reserve expanded its Main Street Lending Program, pushing EUR/USD into overbought territory

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XAU/USD Gains as US Dollar Sinks, Crude Oil Prices May Turn Lower

Gold prices rallied as WTI crude oil struggled to capitalize on gains in the S&P 500. XAU/USD still remains in consolidation with oil appearing at risk to a turn lower.

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AUD/USD Rate Eyes July 2019 High as Overbought RSI Reading Persists

AUD/USD may work its way towards the July 2019 high (0.7082) as it extends the series of higher highs and lows from last week, while the RSI sits in overbought territory.

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