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The SPX500’s Technical Analysis: What You Need to Know Ahead of the FOMC Meeting Announcement

A quick technical analysis look at the SPX500 ahead of today’s FOMC interest rate analysis.

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EUR/USD: Pair Moving Into Key 1.08 Resistance Ahead of The FOMC

Over the past week, the value of USD has been declining due to bank liquidity issues, starting with Silicon Valley Bank and Signature Bank in the US, and followed by Credit Suisse.

Gold Price Analysis: A Look at the Past and Future Prospects

Gold is a precious metal that has been used as a store of value and a currency for thousands of years.

Crude Oil is Trapped in a Range, But Clock for a Breakout is Ticking

Crude oil has been volatile since start of the year, but only within limited important levels.

Chart of the Day – SPX500 – (January 18th, 2023)

 The SPX was creeping higher since the end of December, but we kept reminding our members that the trend remained lower as long as we kept respecting the descending channel.