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The US dollar initially fell during the trading session on Tuesday but bounced enough to turn around and form a little bit of a hammer.

The NASDAQ 100 is starting to adjust to a new reality, at least that is what it is starting to look like right now.

The British pound has fallen a bit during the trading session on Tuesday, breaking below the 1.23 level before bouncing slightly.

The Australian dollar fell significantly during the trading session on Tuesday, reaching down towards the 0.6250 level and then promptly bounced from there.

Silver markets fell hard during the trading session on Tuesday, as the 50 day EMA looks to be offering a significant amount of resistance.

It looks like they won't be doing anything before then OPEC+ members had a call yesterday See here for global coronavirus case data Meanwhile, Bloomberg is now reporting that there is a record 20 million barrels of oil floating on about three dozen ships off the coast of California with nowhere to go.

Gold is up by 1%, testing waters above the key hourly moving averages If buyers are able to maintain a break above the 200-hour MA (blue line) and $1,700, it would set up a good platform for gold to try and contest the highs seen last week.

<p>Equities in Europe and US fell about 3-4% on Tuesday, as plummeting oil prices dented the investor appetite. The sell-off continued in Asia, though at a slower pace. Activity in FTSE (+0.18%) and Eurostoxx (+0.22%) hint at a flat-to-positive start in Europe on Wednesday, but energy stocks will likely remain unloved on disquieting volatilit

<p>Yesterday, the XAU/USD exchange rate touched the 1,665.00 level. During Wednesday morning, the rate was testing the resistance level—the monthly R1 at 1,704.29. If the given resistance holds, it is likely that a reversal south could occur in the nearest future. In this case the rate could gain support from the 55-hour SMA near 1,687.00. [&

<p>On Tuesday, the USD/JPY currency pair revealed a short-term descending channel. During today’s morning, the pair was trading near the lower channel line at 107.70. From a theoretical perspective, it is likely that some downside potential could prevail in the market, and the exchange rate could re-test the lower channel line near 107.