Skip to content
Back to Guavy Wire
Forex

Dollar Bulls vs. Nasdaq Bears: FOMC Decision and Earnings in Focus

Instruments
USD
Share

The US Dollar Index (DXY) has maintained its bullish structure above the 101.00 mark, while the Nasdaq remains below the 29,000 resistance and its June-July consolidation range.

Market participants are focused on several key catalysts ahead of the Federal Reserve's policy decision on Wednesday: US-Iran negotiations, security guarantees for commercial shipping, Microsoft and Meta earnings reports, and the FOMC policy decision itself.

A monthly close above 102.00 for DXY would strengthen its bullish outlook, exposing resistance at 102.80, 104.50, and ultimately 107.00. Conversely, a break below 100.30 could invalidate the current structure.

More on Forex

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Real-time market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc