October 23: market after debate

Follow the analysis of EUR/USD, USD/JPY, gold, and S&P500

The USD is going to be in the spotlight again this week as the Federal Reserve will hold a meeting on Wednesday, which could be a big mover! Gold has plunged amid the stronger US dollar as investors await the Fed’s meeting this week.

While traders wait for the US inflation figures due on Thursday, EUR/USD, GBP/USD, USD/JPY, and XAU/USD are ruled by support and resistance levels.

Daily trade ideas for this Friday

The Fed made a hawkish surprise! The bank would start a discussion about scaling back bond purchases. Besides, it is likely to make two interest-rate increases by the end of 2023 (sooner than expected)!

The day of the Federal Reserve has finally come! What are the technical levels ahead of the meeting? What scenarios are there? Watch the video to get trade ideas for EUR/USD, GBP/USD, USD/JPY, gold, and oil!