"Fed Meeting Preview: Impact on Gold, USD/JPY, and Nasdaq 100"
TL;DR Summary
The upcoming Federal Reserve monetary policy announcement is expected to bring heightened volatility to the markets, with the possibility of a shift towards a more dovish stance. Technical analysis suggests that gold prices may face resistance at $2,050 and support at $1,990, while USD/JPY could see resistance at 148.20 and support at 147.40. The Nasdaq 100 is showing signs of a potential correction, with support at 17,450 and resistance at 17,790.
- FOMC Preview – Price Action Setups on Gold, USD/JPY and Nasdaq 100 DailyFX
- A change to this one clause could be the most important part of the Fed meeting CNBC
- The Federal Reserve's first rate meeting is on Wednesday. Here's what economists say about rate cuts. CBS News
- Why Cut Rates in an Economy This Strong? A Big Question Confronts the Fed. The New York Times
- Why the Federal Reserve's FOMC matters to the markets Marketplace
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