EUR/USD: The pair is trading below its downward trend line on a 4 hour time frame. The next support is near the 1.1083 level and the resistance is 1.1487.
USD/JPY: The pair has broken its downward trend line on a 4 hour time frame. The near term support is at 109.60 and the resistance is at 115.83.
GBP/USD: The pair has pierced the Bollinger band on a 4 hour time frame. The next resistance is near 1.4726 and the support is 1.4147.
Asian markets closed mostly lower by erasing some of their gains from yesterday. The Nikkei index was the worst performer during the session and it closed lower with a loss of 1.36%. The index is down by 9.53% during the past 5 sessions.
European futures are trading higher during the early hours of trading. The FTSE index is trading higher with a gain of 0.11%. The index is down by nearly 3.58% over the past five sessions.
The US markets are trading higher ahead of the FOMC minutes. The S&P index was the best performer on the last trading day with a gain of 1.65%.
Opec and some other non OPEC members decided no to increase their output and keep this at at January record level.
Apple prepares its Apple pay to launch in China
Crude Oil: The black gold is trading in a downward channel on a 4 hour time frame. The next support is near the 26.02 and the resistance is 31.62.
Gold: The precious metal is trading below its downward trend line on a 4 hour time frame. The next resistance is at 1216 and the support is at 1180.
The VIX index dropped by 5.08% during the last session.
Top Economic data
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