Daily Market Analysis

XAU/USD retraced 78.6% Fibonacci of April-August decline.

The market is likely going to test the nearest support at 1.1447 in the coming hours. The subsequent pullback from this level...

The pair is likely going to reach the previously tested resistance at 1.3193 - 1.3216. If a pullback from this area happens little later on...

NZD/USD rose to the highest levels since the start of December.

The market is likely going to test the nearest support at 1.1381 by the middle of the last advance. The subsequent pullback...

The main intraday target is the closest resistance at 1.3174 - 1.3193. If a pullback from these levels happens in the coming hours...

As you may know, the Federal Reserve will announce its official rate and publish its monetary policy statement today at 21:00 MT time. Let’s review the projections for today’s meeting and check the key levels for trading EUR/USD.

EUR/USD is continuing its sideways dynamics between 1.13 and 1.15, in which it has been trading for the last 3 months.

Traders are eager to sell the USD on its attempts to recover.

The pair is likely going to test the next resistance at 1.1478. If a pullback from this level happens little later on...

The price is likely going to test the nearest support at 1.3047 - 1.3032 in the short term. If a pullback from this area happens next...

There can be no doubt that a spike in volatility awaits the British pound today.