Federal Reserve's Policy Outlook and Market Trends: What to Expect

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Source: DailyFX
Federal Reserve's Policy Outlook and Market Trends: What to Expect
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TL;DR Summary

The upcoming Federal Reserve interest rate announcement will have a significant impact on the market. A dovish outlook could lead to a rally in risk assets and a weaker US dollar, while a hawkish outcome could have the opposite effect. Technical analysis suggests key thresholds to watch for the Nasdaq 100 and EUR/USD. For the Nasdaq 100, support levels at 14,150 to 13,930 must hold for a potential bullish comeback, while resistance levels are at 14,600, 14,860, and 15,100. For EUR/USD, trendline support is at 1.0535, with resistance at 1.0670 to 1.0695 and 1.0765.

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