Last Updated on 21/09/2026
NASDAQ 100
The NASDAQ 100 attracted buyers on pullbacks throughout the week, reinforcing the view that the index remains in a broad trading range.
With major central bank events—including policy decisions from the Federal Reserve, Bank of Japan, and Bank of England—now behind the market, investors appear more confident. Overall, bullish sentiment remains intact, although the 30,000 level continues to act as a significant resistance zone.
EUR/USD
The euro weakened against the US dollar during the week after the Federal Reserve raised interest rates and signaled the possibility of additional tightening ahead.
The move caught some traders off guard, as many had expected the Fed to conclude its rate-hiking cycle. Meanwhile, ongoing concerns surrounding Europe’s energy supply continue to weigh on sentiment toward the single currency.
Gold
Gold experienced notable volatility as global central banks remained active in shaping monetary policy expectations. The precious metal found support around its 50-week EMA, attracting bargain hunters.
While the broader trend appears largely sideways, underlying bullish pressure remains visible. The $4,500 level stands out as a key upside target and potential resistance area. Traders will continue to monitor global interest-rate developments, particularly in the United States, as rising yields could limit gold’s upside potential.
GBP/JPY
GBP/JPY advanced during the week despite a rate increase from the Bank of Japan and a policy hold from the Bank of England.
Market participants interpreted comments from Japanese policymakers as a sign that future tightening may be gradual, prompting renewed weakness in the yen. The rally appears to be driven more by yen depreciation than by significant strength in the British pound, which has shown mixed performance against other major currencies.
USD/CAD
The US dollar strengthened against the Canadian dollar as markets responded to a more hawkish-than-expected tone from Kevin Warsh.
In addition, ongoing tariff-related tensions between the United States and Canada contributed to market uncertainty. Interest-rate differentials continue to favor the US dollar, suggesting the pair may maintain its upward bias.
USD/JPY
The US dollar gained ground against the Japanese yen after the Federal Reserve adopted a more hawkish stance than the Bank of Japan, despite both central banks raising rates.
The move has revived carry-trade interest, supporting demand for the dollar. While the 50-week EMA remains an important technical hurdle, a sustained break above it could pave the way for further gains.
Bitcoin
Bitcoin moved higher during the week and finished Friday testing the key resistance zone near $83,000. This level has repeatedly capped advances and continues to represent a significant supply area.
A decisive breakout could trigger stronger bullish momentum, while failure to clear resistance may keep the cryptocurrency confined to the range that has dominated trading over the past month. The market is still searching for direction following its earlier surge.
GBP/USD
The British pound declined against the US dollar as investors focused on the contrasting policy outlooks of the Federal Reserve and the Bank of England.
Despite the weakness, the pair remains trapped within a long-standing trading range, with support near 1.3250 and resistance around 1.3700. Although the interest-rate gap between the two economies remains relatively small, changing monetary-policy expectations could influence future price action.
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