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Silver prices fluctuated near a 5-week low as expectations of a Fed rate hike weighed. After retesting 62.60, XAGUSD rebounded above 63.30 and EMA24. The price remains between EMAs, signaling consolidation. Holding above 63.30 may prompt a sideways move toward 64.00. https://t.co/15CI31Mqgn
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The US dollar-yen strengthened as the US 10-year yield breached 5.00%. USDJPY advanced further after breaching above the ascending channel's upper bound. The price remains above golden-crossed EMAs, signaling an uptrend. Closing above 155.60 may prompt a run toward 156.50. https://t.co/FEhZhNmKEB
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Elevated US Treasury yields pressured the Nasdaq 100 lower. USTEC rose above 29150 before breaking EMA24 toward the support at 28950. The index stays below bearish EMAs with lower swings, indicating downside. Breaking below 28950 may drive USTEC toward the support at 28850. https://t.co/Iwas1XtVS8
The pound-dollar fell as weaker UK labor data clouded the domestic outlook. GBPUSD retested 1.3495 and its descending trendline, then fell toward 1.3465, with lower swings and bearish EMAs signalling downside momentum. A break below 1.3465 may prompt a move toward 1.3440. https://t.co/h1lrHyGqm5
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