The US$ is a bit weaker ahead of today’s FOMC. This has helped to weaken the USD/JPY and support the EUR/USD. Traders should watch to see how these pairs react to FOMC news and assess chart patterns after the dust settles.
Bluehost Server problems: I am still having significant server problems caused by my hosting company. The main issue is difficulty loading images and so this post is shorter than usual. I am trying to get Bluehost to correct the problems they have created.
Data: watch today with AUD CPI and FOMC.
Earnings:
DXY daily: weaker ahead of FOMC but watch to see how this reacts to FOMC news.
Trend line breakout:
USD/JPY 4hr: weaker ahead of FOMC:
Markets:
S&P500 4hr: a Bull Flag? Watch for any new TL b/o:
Gold 4hr: Watch for any new TL b/o:
EUR/USD 4hr: Watch 1.18 with FOMC:
