The euro initially fell during the trading session on Wednesday but found enough support in the same general region that we have over the last three days to make this market turn around.
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The British pound initially pulled back during the trading session on Wednesday but then turned around to rally towards the 200-day EMA.
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The FTSE 100 gapped higher to kick off the trading session only to turn around and fill that gap before taking off to the upside and filling the gap from the Monday open.
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The NASDAQ 100 rallied during the trading session on Wednesday as we continue to see a lot of bullish pressure overall.
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The S&P 500 rallied significantly again during the trading session on Wednesday as we continue to see the S&P 500 rally under any circumstances imaginable.
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The pair had made a rebound above the descending trend line after new 7-month low price.
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Bulls need to break above 1.1850 to generate true momentum.
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The US dollar got hit rather hard across the board during the trading session on Wednesday, so it should not come as a huge surprise to see that the market turned around to break below the 200-day moving average.
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The Bitcoin market rallied significantly during the trading session on Wednesday, bouncing from the crucial $30,000 level.
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Gold markets fell during the trading session on Wednesday but also found buyers at the same level it had on Monday.
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The US dollar continued to see a lot of pressure in both directions, as traders continue to try and figure out what is going on with the situation on the ground in South Africa.
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The West Texas Intermediate Crude Oil market rallied rather significantly during the trading session on Wednesday to reach above the $70 level.
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The GBP/USD pair rose in the overnight session as investors continued to focus on the UK reopening and the Delta variant situation.
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The BTC/USD price held steady above $31,000 as investors focused on the B Conference that features some of the most prominent individuals in the industry.
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The demand for safe havens is still in favor of the new downside path for the EUR/USD currency pair, down to the 1.1755 support level.
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