The first thing I notice is that the ¥36,700 level has offered a significant resistance, which is interesting considering that the market has seen that level as important multiple times.
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I am paying close attention to the 8300 level, an area that has been important multiple times.
The $2480 level has in fact offered a significant amount of resistance yet again.
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The market did initially fallen during the early part of the session, only to turn around and attempt to recapture the 11.80 NOK level.
Natural gas markets have had a bullish turn of events during the early hours on Wednesday, as we continue to try to break above the 50 day EMA.
Bitcoin has sold off again, and currently looks heavy as it sits on key support at $57,974. A further bearish breakdown seems quite likely.
The Bitcoin market initially rallied a bit during the trading session on Wednesday but continues to struggle with the crucial 50 day EMA.
The GBP/USD exchange rate wavered after the mixed inflation numbers from the UK and the United States.
The EUR/USD pair continued its recovery as the US dollar index (DXY) and Treasury yields retreated after the US inflation report.
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The AUD/USD exchange rate rose slightly on Thursday morning after the country published mixed jobs data.
The USD/ILS currency pair challenged and penetrated below the 3.70000 mark early this morning.
Gold prices dipped below $2,460 per ounce at the start of trading on Wednesday but remained near record highs, benefiting from safe-haven demand amid growing geopolitical tensions.
Amidst a bullish momentum supported by the decline in US inflation figures, the EUR/USD currency pair has returned to the psychological resistance level of 1.1000, bolstering the dominance of bulls.
The NASDAQ 100 rallied a bit during the course of the trading session on Tuesday, as we continue to see a little bit of a risk on the move.
The US dollar rallied a bit during the course of the early hours on Tuesday but has given back some of the gains.