USD/JPY is trading at 155.06, 0.37% up since previous day close. In the Asian session on Tuesday, the USD/JPY has gained momentum to reach 154.00. As the US Dollar benefits from the risk-off sentiment, the pair is back on the bids. Investor attention will be closely focused on the forecast for interest rates, which is predicted to stay dovish.  A bullish hammer forms in the candle from the previous day, suggesting that the market may reverse course and rise higher. Nearest resistance is at 154.74 and nearest support is at 153.53.

GER30 is trading at 18378, 0.18% up since previous day close. Tuesday’s opening of European equities was positive due to advances in oil and technology sectors, but investors refrained from making large wagers in advance of the Federal Reserve meeting and the release of inflation statistics for the Eurozone. Investors are also waiting on news on inflation in the Eurozone. A gap up opening, according to daily chart analysis, denotes a positive trend. The nearest resistance is 18548, while the closest support is 18265.

XAU/USD is trading at 2390, 0.19% up since previous day close. With several forthcoming high-high macro news events from the US and Europe, the price of gold is hovering around 2,400 in the early hours of Tuesday as investors take a back seat. The market is up on the 50-day moving average (50-day MA), indicating a bullish trend, according to the daily chart analysis. Today’s gap up opening was further seen. 2403 and 2369 are the closest points of support and resistance, respectively.