Analyzes

Crude oil rallied above the 50-Day EMA on Wednesday, but faces major resistance at $65–$66, leaving the market in a range until a breakout decides the next move.

The British pound tumbled below the 50-day EMA on Wednesday, with GBP/USD targeting 1.34 support as a stronger dollar and weak global sentiment drive selling pressure.

The euro dropped toward 1.1725 on Wednesday as the Fed’s cautious tone supported the US dollar, leaving EUR/USD range-bound under 1.19 resistance.

Bitcoin has again tested the area of its three-week low, centred on the support level at $111,332, which looks likely to be pivotal today.

Natural gas is probing support near $2.70 as the November contract approaches, with seasonal demand set to play a key role in the next move.

The Nasdaq 100 pulled back from recent highs on Wednesday, testing support around 24,000–23,500 while traders watch for a bounce toward the 25,000 level.