Today's equity update is about FOMC flawed inflation models, the underlying interest rate sensitivity, and the collapse in mining and energy capex which will prevent supply to alleviate pressures in commodity markets.Yesterday, the FOMC partially blinked and acknowledge between the lines and in the small details that inflation is increasingly...

The EURUSD is in the bearish area on the daily chart on the left. Moreover, the expansion in the red Bollinger bands shows a sharp increase in its volatility. This, on the back of the FOMC release yesterday and the dot plot showing that current expectations are for 2 rate hikes before the end...

USOil is in the bullish area on the daily chart on the left. The hourly EMAs and stochastic are in bullish mode and potentially align short-term traders with the daily. A movement of stochastic to 80 level and maintenance of that level (blue arrow) increase the chance of a successful trade. Trend following indicators may be useful in...

Gold suffered its biggest drop in five months yesterday after the FOMC signaled it would speed up its expected pace of policy tightening. Being the most interest rate and dollar sensitive commodity the yellow metal suffered as the dollar and US real yields both reached two-month highs. Looking ahead continued...

Markets were surprised at the scale of the adjustment to the Fed policy forecasts in yesterday's FOMC meeting and treasury yields backed up steeply, spooking risk sentiment and taking equities lower, gold sharply lower and sending the USD spiking sharply to the upside. We look at the effect of this...

AUDJPY facing bearish pressure from descending trendline resistance, horizontal pullback resistance in line with 78.6% Fibonacci extension, and 61.8% Fibonacci retracement. Prices might push down towards horizontal swing low support in line with 78.6% Fibonacci extension. If prices push up, prices might face resistance from horizontal swing high resistance in...

GBPUSD is approaching pivot level in line with horizontal pullback support in line with 127.2% Fibonacci extension and 161.8% Fibonacci retracement. Prices might push up towards horizontal pulllback resistance in line with 61.8% Fibonacci retracement and 127.2% Fibonacci extension. If prices push down further, prices might take support from horizontal...

AUDNZD is approaching sell entry, in line with 50% Fibonacci retracement and 78.6% Fibonacci extension, where we could see a reversal and downside towards Take Profit, in line with 61.8% Fibonacci extension and horizontal swing low support. MACD and moving average are showing signs of bearish pressure as well. Any...

GBPJPY is facing bullish pressure as it holds above the ascending trendline support and Stochastics has also bounced from the support where price has reacted in the past. We could see a further rise towards Take Profit level, in line with 78.6% Fibonacci extension and horizontal swing high resistance, above...

NZDCHF has broken out of descending trend line resistance in line and is pushing up towards horizontal swing high resistance in line with 161.8% Fibonacci retracement and 161.8% Fibonacci extension. If prices push past buy entry, prices might continue to push up towards horizontal swing high resistance in line with...