Analysis

Both NASDAQ and SPX are traded in a close range today. On the other hand, DJIA is going down even more and will reach S1 if buyers don't show enough support.

US indices are rising with low volatility today. If the bulls remain strong, SPX will reach 3910 while NASDAQ and DJIA will touch 11,450 and 33,400 respectively.

Risk aversion that haunts US indices remains strong today. If buyers don't generate enough support soon, the price will continue to decline.

Negative sentiments take over the US markets today. If prices continue to decrease, SPX, DJIA, and NASDAQ will reach S1.

US indices continue to surge ahead of the FOMC interest rate decision. If buyers' support remains strong, prices will penetrate Pivots.

GBP/JPY is currently moving higher. Long opportunities can be placed on condition that the price is corrected and tests the demand zone at 167.53.

US indices bullish strike is going strong. If the price keeps on rising, SPX will reach 4,000 while NASDAQ and DJIA touch 11,800 and 34,100 respectively.

The dominant bullish sentiment has encouraged EUR/USD to continue its rally. Therefore, you may look forward to open a long position in this trading scenario.

NASDAQ, S&P 500, and Dow drop below EMA 200 ahead of FOMC's interest rate decision. The Fed is projected to slow its rate hike to 50bps on Wednesday.

The positive mood continues to envelop the stock market. All three US indices extend their advances today. If buyers' support remains strong, prices will rise above R1.