The Australian dollar has rallied somewhat during the trading session on Thursday to run into resistance near the 0.76 handle.
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The West Texas Intermediate Crude Oil market has fallen again during the trading session on Thursday to reach down below the 50 day EMA.
Gold markets initially tried to rally on Thursday but gave back the gains later in the day to form a less than ideal candlestick.
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The Euro continues to struggle overall as we have seen a lot of US dollar positivity.
The British pound recovered quite nicely during the trading session on Thursday to reach towards the 1.3750 level, an area that previously had been supported.
The FTSE 100 has fallen a bit during the trading session on Thursday to reach down below the 6600 level for the first time in several weeks.
The NASDAQ 100 pulled back significantly during the course of the trading session on Thursday to reach towards a major uptrend line underneath.
The S&P 500 initially fell during trading on Thursday to reach down towards the 3850 handle, which is where the 50 day EMA currently resides.
The price of gold is trying to capitalize on the risk aversion that has been affecting global financial markets recently, but the recovery of the US dollar stopped its gains from crossing the $1745 barrier.
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The British pound has often benefited from gains in global stock markets and Britain's advanced vaccination drive, which fosters hope for a rapid economic recovery.
We have witnessed competition between safe havens to achieve the largest gains, due to risk-averse sentiment that has dominated global financial markets recently.
Amid a strong bearish performance, the EUR/USD pair is still trying not to cross the psychological support barrier at 1.1800, which would trigger profit-taking push the pair towards stronger support levels.
Limited action likely in this currency pair today.
USDT/USD should be watched by cryptocurrency speculators carefully today and tomorrow as volatility has increased.