USDJPY May Be Building Up to a Break and Fed Warnings May Decide the Direction

Congestion remains the most prevalent chart pattern, but there are still the foundations of volatility flare ups in the open market. The S&P 500 showed how a fundamental spark on a tight trading range can resolve. USDJPY may be in store for similar if market’s take Fed remarks seriously.

from DailyFX – Market News https://bit.ly/3hRZaqN
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Bitcoin, Ethereum, Litecoin Technical Outlook: BTC, ETH, LTC Levels

Bitcoin (BTC) has been trading sideways while Ethereum temporarily dips below $1200. As Litecoin gains over 5%, last week’s brutal sell-off has eased.

from DailyFX – Market News https://bit.ly/3V06I94
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US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY

The US Dollar is showing tendencies of a turn and hawkish Fed-speak is having a helping hand. The big question for DXY is whether EUR/USD has topped.

from DailyFX – Market News https://bit.ly/3hP2XFc
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Breaking News: UK Fiscal Statement Urges Citizens to Tighten Belts, GBP Drops

The UK government announced measures to lessen the burden of soaring inflation which is to be financed via increased taxes for wealthier individuals and energy companies

from DailyFX – Market News https://bit.ly/3geDrca
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