XAU/USD – Daily Chart
btc-usd
Forex Signals Dec 15: FedEx, Nike, Micron Earnings Alongside US CPI and NFP This Week
Investors will closely monitor earnings from Micron (MU), Nike (NKE), and FedEx (FDX) this week, alongside US CPI and Non-Farm Payrolls...
•
Last updated: Monday, December 15, 2025
Quick overview
- Investors are focused on upcoming earnings reports from Micron, Nike, and FedEx, as well as US CPI and Non-Farm Payrolls, which may influence market sentiment.
- The Federal Reserve's recent rate cut and dovish outlook have provided support for equity markets, despite a rise in unemployment claims.
- Key corporate earnings this week are expected to shed light on semiconductor demand, global sales trends, and shipping volumes.
- Cryptocurrencies like Bitcoin and Ethereum have shown volatility, with Bitcoin rebounding after a dip and Ethereum facing resistance at the 50-day SMA.
Live BTC/USD Chart
BTC/USD
MARKETS TREND
Investors will closely monitor earnings from Micron (MU), Nike (NKE), and FedEx (FDX) this week, alongside US CPI and Non-Farm Payrolls, as these events could drive market sentiment and volatility.
Fed Rate Cut and Dovish Outlook Support Markets
Last week, the Federal Reserve implemented another 25-basis-point rate cut and signaled that additional reductions could be on the horizon. Chair Jerome Powell no longer referenced the possibility of rate hikes, and expectations are building that the next Fed chairman is likely to maintain a dovish stance, further supporting accommodative monetary policy.
Amid this backdrop, the U.S. dollar came under pressure, partly due to a rise in unemployment claims. However, investor attention quickly shifted back to corporate earnings, boosted by strong reports from Broadcom and Costco, which reinforced optimism in equity markets.
Key Market Events to Watch This Week
US labor data and key corporate earnings this week could provide fresh signals for market direction and investor sentiment. Investors are advised to watch both macroeconomic indicators and corporate results closely to gauge near-term market momentum.
US Non-Farm Employment Change (NFP): and US CPI Inflation
Measures the monthly change in employment across all sectors except farm workers, government employees, private household employees, and non-profit organizations.
Considered a critical gauge of labor market strength, price pressure and broader economic health. Influences Federal Reserve policy expectations and risk sentiment in equity, bond, and currency markets.
Corporate Earnings Calendar
Micron Technology, Inc. (MU) – Q1 2026 Earnings Announcement
- Scheduled After Market Close (AMC).
- Analysts project earnings per share (EPS) of $3.91.
- Investors will monitor semiconductor demand trends, inventory levels, and guidance for the remainder of 2026.
NIKE, Inc. (NKE) – Q2 2026 Earnings Announcement
- Scheduled After Market Close (AMC).
- Analysts forecast EPS of $0.38.
- Key focus on global footwear and apparel sales, e-commerce growth, and supply chain developments.
FedEx Corporation (FDX) – Q2 2026 Earnings Announcement
- Scheduled After Market Close (AMC).
- Analysts expect EPS of $4.11.
- Market attention on shipping volumes, fuel cost pressures, and outlook for holiday season demand.
Gold Stays Above $4,200
Although demand for safe haven assets is still high, gold fell precipitously from record highs following the Fed’s most recent rate cut comments, as profit-taking was prompted by Powell’s cautious tone. Earlier this month, gold jumped above $4.3800 following the Federal Reserve’s announcement of a 25 basis point rate decrease. But the impetus soon waned, and prices dropped back to $4,004. The 20 daily SMA (gray) held as support last week and buyers returned and pushed XAU above $4,200K yesterday.
USD/JPY Returns Lower After the FOMC
Foreign exchange markets saw sharp swings. Early in the week, U.S. yield differentials and Japanese capital outflows pushed the dollar above ¥150, but disappointing U.S. jobs data triggered profit-taking, causing the USD/JPY to slide by four yen from its peak. However, the new BOJ governor the JPY has weakened and USD/JPY soared to 154 and we decided to close our buy signal for more than 80 pips as the pair found support at the 20 daily SMA (gray) and has rebounded more than 200 pips off that MA but reversed after the 25 bps rate cut from the FED.
USD/JPY – Daily Chart
Cryptocurrency Update
The 20 Daily SMA Turns Into Support for BTC
Cryptocurrencies remained highly active over the summer. Bitcoin (BTC) climbed to fresh highs of $123,000 and $124,000 in July and August, supported by institutional inflows and technical strength. However, remarks from Treasury Secretary Scott Bessent ruling out U.S. increases to BTC reserves triggered a steep pullback, sending the coin down below $105,000 before finding support at the 200 daily SMA (purple) and recovering above $115,000 but then fell toward $100K again. However over the weekend BTC started to rebound and the price climbed but reversed lower after finding resistance at the 20 daily SMA (gray) which was broken yesterday though.
BTC/USD – Daily Chart
Ethereum Faces the 50 Daily SMA
Ethereum (ETH) has been similarly strong, surging toward $4,800, its highest since 2021 and near its all-time peak of $4,860. Despite a dip last week, ETH found support at the 20-day SMA, with retail enthusiasm and renewed institutional participation driving fresh upside momentum. Last week we saw a dive below $2.700 but the 200 weekly SMA held as support and we’re seeing a rebound but buyers face the 50 SMA (yellow) now.
ETH/USD – Daily Chart
- Check out our free forex signals
- Follow the top economic events on FX Leaders economic calendar
- Trade better, discover more Forex Trading Strategies
- Open a FREE Trading Account
ABOUT THE AUTHOR
See More
Skerdian Meta
Lead Analyst
Skerdian Meta Lead Analyst.
Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.
Save