US stock markets are yet to close but, thus far, have responded favourably to the FOMC statement with the S&P500 currently carving out new highs. The US$ has dipped but watch to see how sentiment here evolves over the next day especially as there are some big names reporting earnings. The BoE rate update is today so watch for any impact on the GBP pairs.

Data:

Earnings:

DXY weekly: lower, for now, after FOMC:

Markets:

S&P500 4hr: watch 4,650 for any new make or break:

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

Gold 4hr: watch 1,770 for any new make or break:

EUR/USD 4hr: above 1.16 so watch the weekly 200 EMA for any new make or break:

AUD/USD 4hr: above 0.74  so watch the daily 200 EMA for any new make or break:

AUD/JPY 4hr: watch 85 for any new make or break:

NZD/USD 4hr: watch 0.72 for any new make or break:

GBP/USD 4hr: watch 1.37 for any new make or break; especially with today’s BoE update:

USD/JPY 4hr: watch 114 for any new make or break:

GBP/JPY 4hr: watch 156 for any new make or break; especially with today’s BoE update: