#fomc2026

JPMorgan Chase (JPM) stock surged to $331.14, gaining 3.68% as investors positioned ahead of the Federal Reserve’s policy decision and Chair Kevin Warsh’s first FOMC press conference. Technically, JPM is testing key resistance at $331.77 with an RSI of 70.84, signaling overbought conditions and potential volatility. Traders are closely watching the Fed’s rate outlook, dot plot projections, and guidance on future monetary policy, all of which could impact bank profitability and net interest margins. Additional focus remains on JPMorgan’s European expansion, legal developments, and broader risk-on sentiment across Wall Street. Key support levels stand at $319.27 and $311.53, while a breakout above resistance could target $340 and beyond.

The Asian session was dominated by the Bank of Japan’s historic 25-basis-point rate hike to 1.00%, its highest level since 1995, as markets shifted focus toward Wednesday’s crucial FOMC decision. USD/JPY held near 160.26 while the yen strengthened modestly. Silver consolidated around $69.39 after its recent rally, and natural gas remained under pressure near $3.13/MMBtu amid rising inventories and weaker LNG exports. The Hang Seng slipped 1.66% as profit-taking hit technology and financial stocks. In cryptocurrencies, Solana outperformed with strong gains driven by World Cup-related network activity, while Dogecoin remained supported by favorable regulatory developments. Investors now await Fed Chair Kevin Warsh’s guidance, which could set the tone for global currencies, commodities, equities, and digital assets in the days ahead.

Wall Street opened the week on a strong risk-on note as a confirmed US-Iran peace framework boosted global sentiment, sending the Dow Jones to fresh record highs near 51,856 and lifting major equity indices worldwide. Investors are now focused on the upcoming FOMC meeting, where markets widely expect the Federal Reserve to leave rates unchanged. Falling oil prices, a weaker U.S. dollar, and easing Treasury yields have supported gains across equities, gold, and cryptocurrencies. Gold surged above $4,355, Bitcoin reclaimed $66,500, and AI-driven technology stocks continued to outperform. Meanwhile, lower crude prices pressured energy markets and agricultural commodities such as corn. With the Fed decision, global central bank meetings, and the formal US-Iran peace signing still ahead, traders should prepare for heightened volatility across forex, commodities, equities, bonds, and digital assets throughout the week.

Bitcoin (BTC/USD) is trading near $65,695 as markets await the highly anticipated FOMC decision, a key catalyst likely to drive volatility over the next 24 hours. Technically, BTC is attempting to stabilize above the critical 0.236 Fibonacci support level at $64,616 following a sharp correction from its recent high of $82,969. While the broader trend remains bearish with price below major moving averages, deeply oversold momentum indicators and improving 4-hour chart signals suggest potential for a short-term rebound. A dovish Federal Reserve outlook could trigger a move toward the $68,000–$70,000 resistance zone, while a hawkish stance may push Bitcoin back toward lower support levels. Institutional demand, ETF flows, Treasury yields, and U.S. dollar strength remain the primary drivers shaping BTC’s near-term direction.

NVIDIA Corporation (NVDA) remains at a pivotal technical and fundamental crossroads as shares trade near $205, consolidating above key support around the 0.5 Fibonacci retracement level at $200. The stock maintains its broader bullish structure within an ascending channel that began in April, while investors closely watch resistance at $208.74 and $219.32. Market sentiment is being shaped by NVIDIA’s expanding China strategy through its new Vera CPU platform and the upcoming FOMC decision, which could influence growth-stock valuations. A sustained move above resistance may trigger renewed upside momentum, while failure to hold $200 could expose deeper support near $191.64. With AI demand remaining strong and macroeconomic risks in focus, NVDA is expected to experience elevated volatility over the next 24 hours as traders react to both technical signals and Federal Reserve guidance.

Gold prices retreated to $4,219.6 per ounce while Bitcoin remained range-bound near $64,328.5 as global markets prepared for Kevin Warsh’s first Federal Reserve policy meeting. Investors reacted to stronger-than-expected U.S. inflation data, with May CPI rising 4.2% year-over-year and PPI reaching 6.5%, fueling expectations that interest rates may remain higher for longer. The stronger dollar and rising Treasury yields pressured gold, while cryptocurrencies traded cautiously ahead of the FOMC decision. Meanwhile, optimism surrounding a potential Iran peace agreement weighed on safe-haven demand and pushed oil prices lower. Equity markets showed signs of hesitation, with the S&P 500 pulling back from record highs as traders assessed the impact of monetary policy, inflation trends, and geopolitical developments. Market volatility could increase further with the FOMC meeting and triple witching event expected to shape sentiment across forex, commodities, equities, and digital assets in the week ahead.