The US dollar has rallied significantly during the trading session on Wednesday, breaking above the ¥110 level.
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The British pound has initially tried to rally during the trading session on Wednesday but has struggled to break to the upside.
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The S&P 500 has broken to the upside yet again during the trading session on Wednesday, as we continue to slice through anything remotely looking like resistance.
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The US dollar received strong support from Federal Reserve Governor Jerome Powell testifying before the congressional and Senate committees.
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The NASDAQ 100 has broken above the top of a shooting star from the previous session, which is a very bullish sign.
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Gold prices rose again since the start of trading on Thursday, reaching the $1576 level after the price fell to the $1562 during yesterday's session.
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The price of the GBP/USD pair showed remarkable resistance during yesterday's trading session in light of the continued strength of the US dollar, and rose to the 1.2001 resistance before settling around 1.2950 at the time of writing.
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The Australian dollar rallied significantly during the trading session on Wednesday, as traders continue to try to test whether or not the “all clear” is sounded.
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The strength of the US dollar continued after the completion of the testimony of Federal Reserve Governor Jerome Powell for two days in a row.
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Natural Gas markets rallied significantly during the trading session on Wednesday, breaking well above the $1.80 level.
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The German index rallied again during the trading session on Wednesday to make fresh, new highs in the futures market as well as the cash market.
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The West Texas Intermediate Crude Oil market has rallied significantly during the trading session on Wednesday, as we continue to see a lot of noise in general.
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Gold markets have pulled back a bit during the trading session on Wednesday but turned around to show signs of life again in order to form a hammer shaped candlestick.
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AUD/USD: Consolidating above 0.6700
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USD/JPY: Long-term resistance 110.07/30
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