Dollar edges higher ahead of Fed rate decision; euro slips slightly

Dollar edges higher ahead of Fed rate decision; euro slips slightly
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Dollar edges higher ahead of Fed rate decision; euro slips slightly
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MACD – Moving Average Convergence Divergence MACD is a more detailed method of using moving averages to find trading signals from price charts. Developed by Gerald Appel, the MACD plots the difference between a 26-day exponential moving average and a 12-day exponential moving average. A 9-day moving average is generally used as a trigger line, meaning when the MACD…
At the end of Tuesday, the Dow Jones Index (US30) fell by 0.36%. The S&P 500 Index (US500) was up 0.16%. The NASDAQ Technology Index (US100) closed higher by 0.98%. The latest data from the JOLTs report showed that job openings are at their lowest level since January 2021, along with increased layoffs. In contrast,…
Markets widely expect the Fed to hold interest rates steady in January, as the benchmark rate settles into what many officials now view as neutral territory. How might the U.S. dollar react to the event? Here are points you should know if you’re trading the FOMC’s January policy updates! This Article Is For…
This Monday, as part of the weekly market review and analysis, we examined the price action on the EURUSD chart across the different timeframes. While the short-term direction appears to be bearish, the long-term sentiment remains bullish, especially on the weekly and daily timeframe charts. Here is my interpretation of the price action on these…
RGTI has risen rapidly in value in recent days attracting the attention of investors. Here we have the 15-minute chart. Applying the Elliott Waves principle, the stock should find support in 5.89 – 7.07 area to complete a wave 4. This would generate a new rally on wave 5 that could reach around 8.94 –…
Traders are watching this week with unusual intensity across global markets. Volatility has compressed, yet macro risk continues to build. Traders are watching this week because multiple asset classes sit near decision zones. Gold, forex, and silver markets all reflect shifting expectations. Traders are watching this week as central banks, data releases, and positioning trends…