OANDA Senior Market Analyst, Jeffrey Halley discusses why the markets are reducing risk into the FOMC and bullish falling wedges on EUR/USD, AUD/USD and NZD/USD, suggesting all will continue rallying. He also takes a look at Brent Crude, which is sending strong signals that its rally is about to resume in earnest.
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.