The Federal Reserve is expected to keep its benchmark interest rate unchanged near 0% today, as traders get ready for a busy news cycle. The Fed's corresponding rate statement is expected to provide an assessment of the current economic condition in the world's largest economy and more importantly provide a speculative economic outlook, likely setting short-term direction for the USD.

Forex Market Trends

 EUR/USDGBP/USDUSD/JPYUSD/CHFAUD/USDEUR/GBP
Daily Trenddowndownupupdownno
Weekly Trenddowndownupupdownno
Resistance1.32451.591586.851.06350.92200.8435
1.32051.588086.401.06000.91850.8390
1.31751.584586.051.05750.91500.8350
Support1.31001.577585.501.05050.90850.8085
1.30701.574085.151.04800.90500.8040
1.30201.570084.851.04300.90200.8000