FxAnalysis

USD/JPY holds firm ahead of the FOMC decision, with traders watching for Powell’s press conference tone to guide rate expectations.

The USD/ZAR pair is testing support near the 17.00 level as traders await the Fed’s rate decision. A break below 16.90 could signal a deeper move lower, driven by commodity strength, carry flows, and shifting Fed expectations.

The BTC/USD pair is hovering near $92,000, but technical signals—including a bearish wedge and weakening trend strength—point to a potential pullback.

Gold is testing bearish commitments at the $4,250 psychological level on Thursday, pausing a two-day uptrend as markets weigh a less hawkish than feared US Federal Reserve (Fed) policy announcements.   

EUR/USD manages to pick up some fresh and robust buying interest on Wednesday, advancing to the boundaries of 1.1700 the figure on the back of the resurgence of a marked downside momentum in the US Dollar (USD).

Gold price kept seesawing around the $4,200 mark throughout the first half of Wednesday, unable to attract investors. The FX board has been quiet due to the absence of a clear directional catalyst, exacerbated by the United States (US) government shutdown and the resulting uncertainty, which affect