New All-Time Highs After the FOMC?

Ahead of the FOMC, traders are optimistic, hitting the buy button as usual.

EURUSD is still below the 38,2% Fibonacci, with the potential for a further drop.

GBPUSD is currently testing a crucial support on 23,6%

USDCAD continues a rather flat bullish correction, after a more significant decline.

NZDUSD is fighting to come back above the crucial horizontal support, after bouncing off the upper line of the wedge.

GBPJPY touches the 38,2% Fibonacci, which could have been positive, were it not for the overall weakening of the Sterling.

Silver is creating a right shoulder of the iH&S formation. Buyers still have a chance!

For a look at all of today’s economic events, check out our economic calendar.