The last session saw the Aussie drop 0.7%

The U.S. dollar was slightly higher, capturing some safe-haven flows, as investors digested U.S. President Joe Biden’s decision to end his re-election campaign, which is expected to intensify volatility in the currency market.

The last session saw the Aussie drop 0.7% against the Dollar. According to the Williams indicator, we are in an oversold market.
AUD fell 0.7% against USD in the last session.
The Williams indicator points to an oversold market.
Support: 0.6677 | Resistance: 0.6713

Gold slips to over 1-week low as dollar firms, awaiting more Fed cues

Gold prices fell to a more than one-week low as the dollar firmed, while traders awaited more U.S. economic data and comments from Federal Reserve officials this week for clarity on the timeline for interest rate cuts.

The last session saw the Gold drop 0.6% against the Dollar. The ROC is giving a negative signal.
XAU/USD dropped 0.6% in the last session.
The ROC is currently in negative territory.
Support: 2399.4033 | Resistance: 2418.1233

Chip stocks shed $500 bln on China trade fears, Trump’s Taiwan comments

NASDAQ Composite Daily Chart

Wall Street’s semiconductor index lost over $500 billion in stock market value on Wednesday and headed for its worst session since 2022 after a report said Washington was mulling tighter curbs on exports of advanced semiconductor technology to China.

Oil prices gain 2.4% on big US storage withdrawal, weaker US dollar

Oil prices climbed about 2.4% on a bigger-than-expected weekly drop in U.S. crude stockpiles and as a weaker U.S. dollar overshadowed signs of lower economic growth in China.

The Oil-Dollar pair skyrocketed 2.4% in the last session. The Ultimate Oscillator is giving a positive signal.
WTI/USD exploded 2.4% in the last session.
The Ultimate Oscillator is giving a positive signal.
Support: 79.4033 | Resistance: 82.6233