GBP/USD struggled to hold above the 1.24000 level as the DXY found some buyers ahead of the FOMC meeting. Could the central banks inspire a breakout after 10 days of rangebound trading?

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The Euro has backed away from last week’s peak against the US Dollar in anticipation of further tightening from the Federal Reserve tomorrow. Where to for EUR/USD?

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The Australian Dollar nudged a notch higher after firm Chinese PMI numbers, while local statistics showed an economy potentially losing steam. Will AUD/USD turn lower?

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A week of heavy event risk has started with some tentatively provocative moves from the major corners of the market. The S&P 500 and Nasdaq 100 reversed lower after last week’s extensions suggested bulls were in control. Meanwhile, the Dollar is probing a break from an extremely tight range. The activity can be enticing, but be wary…

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The markets are closing in on systemically important event risk and traders’ compasses are starting to go haywire. Tentative breakout and trend efforts are falling apart ahead of the Fed decision Wednesday, and few markets are more put out technically than Nasdaq 100.

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