On Tuesday, US stocks came under pressure near the end of the trading session and closed in the red. Today, Europe and Asia have largely followed Wall Street and are also traded in negative territory. 


Brent touched the lower end of the ascending channel. Bids around 68.50 helped buyers to stop sellers’ attack.


Gold prices bounced off the upper end of the ascending channel and reverted its recent gains. 


Buyers are back in action. 


The US dollar recovery move stalled at 1.3750 where the pound ran through fresh bids which helped the major the reverse all its fresh losses. 


Sellers tried to seize control on Tuesday, but failed. 

Asian equities traded mainly down on Wednesday following a reversal of Wall Street’s three major indexes that left them in red territory in the previous session.  

Cryptocurrencies are now present everywhere. 


The GBP/JPY pair turned bearish on Tuesday. 


Buyers met a barrier at the 136.00 handle which rejected them down.