{"id":106579,"date":"2021-12-16T06:23:25","date_gmt":"2021-12-15T20:23:25","guid":{"rendered":"https:\/\/www.tradecharting.com\/?p=106579"},"modified":"2021-12-16T06:23:25","modified_gmt":"2021-12-15T20:23:25","slug":"fomc-out-of-the-way-but-ecb-snb-and-boe-ahead","status":"publish","type":"post","link":"https:\/\/www.tradecharting.com\/fomc-out-of-the-way-but-ecb-snb-and-boe-ahead\/","title":{"rendered":"FOMC out of the way but ECB, SNB and BoE ahead"},"content":{"rendered":"<p style=\"text-align: justify;\">The US$ is retreating a bit after FOMC despite the pledge to end pandemic-era bond purchases and hints of rate increases for 2022. US stocks are up on this news ahead of the market close. There are the ECB and BoE rate updates scheduled for today so traders may need to wait until after these to get a clearer picture of the next directional move for the DXY.<\/p>\n<p style=\"text-align: justify;\"><!--more--><\/p>\n<p> <\/p>\n<p style=\"text-align: justify;\"><strong>Data<\/strong>:<\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/data-8.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-106580\" src=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/data-8-817x1024.jpg\" alt=\"\" width=\"817\" height=\"1024\" srcset=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/data-8-817x1024.jpg 817w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/data-8-239x300.jpg 239w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/data-8-120x150.jpg 120w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/data-8-768x963.jpg 768w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/data-8-1225x1536.jpg 1225w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/data-8.jpg 1239w\" sizes=\"auto, (max-width: 817px) 100vw, 817px\" \/><\/a><\/p>\n<p> <\/p>\n<p style=\"text-align: justify;\"><strong>DXY 4hr:<\/strong> note the pause on the DXY after FOMC:<\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/DXY4hr.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-106581\" src=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/DXY4hr-1024x489.jpg\" alt=\"\" width=\"1024\" height=\"489\" srcset=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/DXY4hr-1024x489.jpg 1024w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/DXY4hr-300x143.jpg 300w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/DXY4hr-150x72.jpg 150w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/DXY4hr-768x367.jpg 768w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/DXY4hr-1536x734.jpg 1536w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/DXY4hr-2048x978.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><\/p>\n<p> <\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt;\"><strong>Markets:<\/strong><\/span><\/p>\n<p style=\"text-align: justify;\"><strong>S&P500 4hr<\/strong>: higher after FOMC so watch 4,650 for any new <em><strong>make<\/strong> <\/em>or <em><strong>break<\/strong><\/em>:<\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/SPX4hr-10.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-106582\" src=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/SPX4hr-10-1024x487.jpg\" alt=\"\" width=\"1024\" height=\"487\" srcset=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/SPX4hr-10-1024x487.jpg 1024w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/SPX4hr-10-300x143.jpg 300w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/SPX4hr-10-150x71.jpg 150w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/SPX4hr-10-768x366.jpg 768w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/SPX4hr-10-1536x731.jpg 1536w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/SPX4hr-10-2048x975.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><\/p>\n<p> <\/p>\n<p style=\"text-align: justify;\"><strong>ASX-200 4hr<\/strong>: watch for any new TL b\/o:<\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/ASX4hr-10.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-106583\" src=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/ASX4hr-10-1024x489.jpg\" alt=\"\" width=\"1024\" height=\"489\" srcset=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/ASX4hr-10-1024x489.jpg 1024w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/ASX4hr-10-300x143.jpg 300w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/ASX4hr-10-150x72.jpg 150w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/ASX4hr-10-768x367.jpg 768w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/ASX4hr-10-1536x734.jpg 1536w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/ASX4hr-10-2048x978.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><\/p>\n<p> <\/p>\n<p style=\"text-align: justify;\"><strong>Gold 4hr<\/strong>: ditto:<\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/Gold4hr-10.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-106584\" src=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/Gold4hr-10-1024x491.jpg\" alt=\"\" width=\"1024\" height=\"491\" srcset=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/Gold4hr-10-1024x491.jpg 1024w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/Gold4hr-10-300x144.jpg 300w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/Gold4hr-10-150x72.jpg 150w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/Gold4hr-10-768x368.jpg 768w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/Gold4hr-10-1536x737.jpg 1536w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/Gold4hr-10-2048x982.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><\/p>\n<p> <\/p>\n<p style=\"text-align: justify;\"><strong>EUR\/USD 4hr<\/strong>: watch for any new TL b\/o; especially with today’s ECB rate update:<\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/EU4hr-10.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-106585\" src=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/EU4hr-10-1024x494.jpg\" alt=\"\" width=\"1024\" height=\"494\" srcset=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/EU4hr-10-1024x494.jpg 1024w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/EU4hr-10-300x145.jpg 300w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/EU4hr-10-150x72.jpg 150w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/EU4hr-10-768x371.jpg 768w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/EU4hr-10-1536x741.jpg 1536w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/EU4hr-10-2048x988.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><\/p>\n<p> <\/p>\n<p style=\"text-align: justify;\"><strong>AUD\/USD 4hr<\/strong>: watch for any new TL b\/o; especially with today’s AUD Employment data:<\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/AU4hr-11.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-106589\" src=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/AU4hr-11-1024x491.jpg\" alt=\"\" width=\"1024\" height=\"491\" srcset=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/AU4hr-11-1024x491.jpg 1024w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/AU4hr-11-300x144.jpg 300w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/AU4hr-11-150x72.jpg 150w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/AU4hr-11-768x368.jpg 768w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/AU4hr-11-1536x736.jpg 1536w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/AU4hr-11-2048x982.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><\/p>\n<p> <\/p>\n<p style=\"text-align: justify;\"><strong>AUD\/JPY 4hr<\/strong>: watch for any push higher here:<\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/AJ4-8.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-106590\" src=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/AJ4-8-1024x492.jpg\" alt=\"\" width=\"1024\" height=\"492\" srcset=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/AJ4-8-1024x492.jpg 1024w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/AJ4-8-300x144.jpg 300w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/AJ4-8-150x72.jpg 150w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/AJ4-8-768x369.jpg 768w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/AJ4-8-1536x738.jpg 1536w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/AJ4-8-2048x984.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><\/p>\n<p> <\/p>\n<p style=\"text-align: justify;\"><strong>NZD\/USD 4hr<\/strong>: watch for any new TL b\/o:<\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/Kiwi4-10.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-106591\" src=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/Kiwi4-10-1024x492.jpg\" alt=\"\" width=\"1024\" height=\"492\" srcset=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/Kiwi4-10-1024x492.jpg 1024w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/Kiwi4-10-300x144.jpg 300w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/Kiwi4-10-150x72.jpg 150w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/Kiwi4-10-768x369.jpg 768w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/Kiwi4-10-1536x738.jpg 1536w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/Kiwi4-10-2048x984.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><\/p>\n<p> <\/p>\n<p style=\"text-align: justify;\"><strong>GBP\/USD 4hr<\/strong>: watch for any new TL b\/o; especially with today’s BoE rate update:<\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/GU4-9.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-106592\" src=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/GU4-9-1024x489.jpg\" alt=\"\" width=\"1024\" height=\"489\" srcset=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/GU4-9-1024x489.jpg 1024w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/GU4-9-300x143.jpg 300w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/GU4-9-150x72.jpg 150w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/GU4-9-768x367.jpg 768w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/GU4-9-1536x733.jpg 1536w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/GU4-9-2048x978.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><\/p>\n<p> <\/p>\n<p style=\"text-align: justify;\"><strong>USD\/JPY 4hr<\/strong>: watch for any push higher here:<\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/UJ4-8.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-106593\" src=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/UJ4-8-1024x496.jpg\" alt=\"\" width=\"1024\" height=\"496\" srcset=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/UJ4-8-1024x496.jpg 1024w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/UJ4-8-300x145.jpg 300w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/UJ4-8-150x73.jpg 150w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/UJ4-8-768x372.jpg 768w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/UJ4-8-1536x744.jpg 1536w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/UJ4-8-2048x991.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><\/p>\n<p> <\/p>\n<p style=\"text-align: justify;\"><strong>GBP\/JPY 4hr<\/strong>: watch for any new TL b\/o; especially with today’s BoE rate update:<\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/GJ4hr-10.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-106594 aligncenter\" src=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/GJ4hr-10-1024x491.jpg\" alt=\"\" width=\"1024\" height=\"491\" srcset=\"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/GJ4hr-10-1024x491.jpg 1024w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/GJ4hr-10-300x144.jpg 300w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/GJ4hr-10-150x72.jpg 150w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/GJ4hr-10-768x368.jpg 768w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/GJ4hr-10-1536x736.jpg 1536w, https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/GJ4hr-10-2048x982.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The US$ is retreating a bit after FOMC despite the pledge to end pandemic-era bond purchases and hints of rate increases for 2022. US stocks are up on this news ahead of the market close. There are the ECB and BoE rate updates scheduled for today so traders may need to wait until after these […]<\/p>\n","protected":false},"author":1,"featured_media":106588,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5],"tags":[],"class_list":["post-106579","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trade-charting"],"acf":[],"jetpack_featured_media_url":"https:\/\/www.tradecharting.com\/wp-content\/uploads\/2021\/12\/central-banks2.jpg","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p3aZFM-rJ1","jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.tradecharting.com\/wp-json\/wp\/v2\/posts\/106579","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.tradecharting.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.tradecharting.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.tradecharting.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.tradecharting.com\/wp-json\/wp\/v2\/comments?post=106579"}],"version-history":[{"count":6,"href":"https:\/\/www.tradecharting.com\/wp-json\/wp\/v2\/posts\/106579\/revisions"}],"predecessor-version":[{"id":106598,"href":"https:\/\/www.tradecharting.com\/wp-json\/wp\/v2\/posts\/106579\/revisions\/106598"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.tradecharting.com\/wp-json\/wp\/v2\/media\/106588"}],"wp:attachment":[{"href":"https:\/\/www.tradecharting.com\/wp-json\/wp\/v2\/media?parent=106579"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.tradecharting.com\/wp-json\/wp\/v2\/categories?post=106579"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.tradecharting.com\/wp-json\/wp\/v2\/tags?post=106579"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}