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Fairly flat ahead of FOMC

The ASX-200 is testing new all time Highs but, apart from that, it has been fairly flat in the lead up to today’s US FOMC. Watch to see if this update gets the DXY breaking out from its recent congestion pattern.

 

Data: FOMC is the main event today:

 

DXY daily: still range bound but watch to see if FOMC triggers any new b/o:

 

Trend line breakout:

ASX-200 4hr: up 50 points BUT watch 7,400 for any new make or break:

 

Other markets:

S&P500 4hr: holding near 4,300:

 

Gold 4hr: watch $1,850 for any new make or break:

 

EUR/USD 4hr: watch revised TL for any new b/o:

 

AUD/USD 4hr: watch TL for any new b/o:

 

NZD/USD 4hr: watch revised TL for any new b/o:

 

USD/JPY 4hr: watch TL for any new b/o:

 

GBP/JPY 4hr: watch revised TL for any new b/o: