The EUR/JPY is established around 135.60 level for the 4th day in a row, which created a cluster threatens to have a corrective moves of profit taking at any time
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The GBP lost all gains made during the last session, as after the GBP/USD made a strong bullish move during Wednesday session to the resistance level at 1.3612
The EUR/USD gains stopped at the resistance level 1.2080, the highest level in 3 months, before it went back to 1.2000 at the time of writing.
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Gold prices fell $4.48 an ounce on Wednesday, ending an eight-day streak of gains, as a rebound in the dollar and the market’s inability to penetrate the $1321
The EUR/USD pair fell during most of the trading session on Wednesday, falling down to the 1.20 level, which was the scene of the gap from Tuesday.
Bitcoin initially rallied during the trading session on Wednesday, but ran into a significant amount of resistance at the $15,000 region.
The WTI Crude Oil market rallied significantly during the trading session on Wednesday, slicing through the $61.50 level.
The USD/JPY pair went back and forth during the trading session on Wednesday, as we continue to see support just below at the 112 handle.
The S&P 500 had rallied significantly during the trading session on Wednesday, slicing through the 2700 level.
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Despite recent gains of the GBP/JPY, reaching towards 152.82, the highest in one month, the bullish bounce still needs stimulates to confirm the strength of the bullish trend
The USD/JPY will depend today on the details of the latest meeting for the Fed Reserve to stop the losses which took the pair to the support level at 112.05.
The Gold prices recorded gains reached to $1321 an ounce during the morning trading on Wednesday, before it bounced quickly to $1312 an ounce at the time of writing
Gains for the EUR/JPY stopped around the resistance level at 135.60 awaiting stronger stimulates to continue the bullish move which took this pair to its highest levels
The EUR/USD is settling on top of the psychologically important resistance level at 1.2000 before the release of the minutes of the latest Federal Reserve meeting
Over 5 trading sessions in a row, the gains of yesterday’s session were the strongest, as this pair moved strongly to the resistance level at 1.3600, the highest in 3 months