US stocks seeing more of a rebound. Dollar inching higher.

Technical Analysis

Author: Greg Michalowski | forex-technical-analysis

Nasdaq up 0.70%. S&P up 0.40%.

The US stock markets are recovering more with the Nasdaq up about 0.70% and the S&P up about 0.40%.  The 10 year bond yield is back near unchanged at 2.220%.  The low reached 2.1791%.

The US dollar is inching a bit higher with the USDJPY testing key resistance at 111.20-24 currently.

The EURUSD is trading near low levels but not running. 

The GBPUSD is moving toward the key support in the 1.2988-1.3000 level. The price is currently trading at 1.3003.