Oil market reactions<\/strong><\/p>\n\n\n\n Pre-Federal Reserve speculation<\/strong><\/p>\n\n\n\n Currency markets<\/strong><\/p>\n\n\n\n <\/p>\n\n\n\n <\/p>\n\n\n <\/p>\n\n\n\n <\/p>\n\n\n\n <\/p>\n\n\n\n USD\/JPY<\/strong><\/p>\n\n\n\n <\/p>\n\n\n\n <\/p>\n\n\n\n S&P500<\/strong><\/p>\n\n\n\n <\/p>\n\n\n\n <\/p>\n\n\n\n Crude Oil (WTI)<\/strong><\/p>\n\n\n\n <\/p>\n\n\n\n <\/p>\n\n\n\n <\/p>\n\n\n\n Oil prices stabilise ahead of Fed interest rate decision<\/strong><\/p>\n\n\n\n <\/p>\n\n\n\n European markets mixed ahead of bumper week for central banks<\/strong><\/p>\n\n\n\n <\/p>\n\n\n\n Gold jumps to record high on Fed rate cut outlook<\/strong><\/p>\n\n\n\n <\/p>\n\n\n\n <\/p>\n\n\n\n Click here<\/a> to open account and start trading.<\/p>\n\n\n\n <\/p>\n\n\n\n <\/p>\n","protected":false},"excerpt":{"rendered":" As the week kicks off, markets are expected to react to economic data and key developments over the weekend. Monday’s trading will be influenced by China\u2019s economic reports, potential oil price fluctuations, and any geopolitical news that emerged over the weekend. KEY INDICATORS Oil market reactions Pre-Federal Reserve speculation Currency markets MARKET MOVERS USD\/JPY S&P500 Continue Reading<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-14286","post","type-post","status-publish","format-standard","hentry","category-analysis"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/14286","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/comments?post=14286"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/14286\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=14286"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=14286"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=14286"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n
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With major interest rate decisions to be released this week, traders are keeping a close eye on potential swings, which could shift the preference.<\/figcaption><\/figure><\/div>\n\n\nMARKET MOVERS<\/strong><\/h1>\n\n\n\n
![\"\"](\"https:\/\/www.vtmarkets.com\/tr\/wp-content\/uploads\/sites\/9\/2024\/09\/dma_20240916_1-1024x585.png\")
Short positions below 139.681 with targets at 139.237 & 138.753 in extension.
Alternative scenario<\/strong>
Above 140.219 look for further upside with 140.540 & 140.936 as targets.
USD\/JPY seems vulnerable near YTD low, around mid-140.00s.<\/strong><\/figcaption><\/figure>\n\n\n\n![\"\"](\"https:\/\/www.vtmarkets.com\/tr\/wp-content\/uploads\/sites\/9\/2024\/09\/dma_20240916_2-1024x587.png\")
Long positions above 5641.14 with targets at 5650.82 & 5660.12 in extension.
Alternative scenario
<\/strong>Below 5623.32 look for further downside with 5607.44 & 5597.37 as targets.
Investors must remain cautious since these levels may trigger profit taking.<\/strong><\/figcaption><\/figure>\n\n\n\n![\"\"](\"https:\/\/www.vtmarkets.com\/tr\/wp-content\/uploads\/sites\/9\/2024\/09\/dma_20240916_3-1024x585.png\")
Short positions below 68.57 with targets at 67.85 & 67.30 in extension.
Alternative scenario<\/strong>
Above 69.40 look for further upside with 69.67 & 70.23 as targets.
As long as 69.60 is resistance, look for choppy price action with a bearish bias.<\/strong><\/figcaption><\/figure>\n\n\n\nTODAY\u2019S NEWS HEADLINES<\/strong><\/h1>\n\n\n\n
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