The USD is moving higher as the Fed chair testimony continues


The USD is tilting to the upside as the Chair Powell testimony progresses. What has that done to the technicals for the EURUSD, USDJPY, GBPUSD, USDCAD and AUDUSD? I outline the changes and key levels in play.

I also take a look at the Nasdaq and S&P indices as they react.

In other markets, yields are higher with the 10 year now up 5.5 basis points at 4.257%. The 2-year yield is up 7.5 basis points at 4.745%. Looking at commodities, oil prices are up with the April price up $0.97 or 1.01%. Gold is trading down $156 or -3.13% at $4850



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