NAS100USD

U.S. stocks retreated across the board on Tuesday coming off the long holiday weekend, dragged down by rising U.S. bond yields and concerns over the course of the economy following weak NY Empire State Manufacturing data.
At the market close, the S&P 500 plunged 1.84% to 4,577, its lowest level since December 20, as the VIX Index surged almost 20%.

Technical analysis:
From the market overview of NAS100, price seems to be bearish. We could see that price has broken previous structure to the downside and a possible retest awaits either to the minor support zone between 15371.5 and 15273.2 or the major support zone between 15723 and 15625 which has a confluence with a retest of the downward trend and 50EMA. The MACD and RSI are below the centreline which indicates a downward trend.

GBPCAD

Technical analysis:
From the daily to the 4hour timeframe, we could see that price has formed an head and shoulder reversal pattern to the downside thereby breaking the neckline of the head and shoulder pattern. Price is likely going to retest the neckline which also serves as the support zone between 1.71024 and 1.70780 and a confluence between the downward trendline and the 50EMA before pushing to the downside. The MACD and RSI are below the centreline which signifies price to be in a downtrend.

SUGARUSD

Technical analysis:
From the overview of price in sugar we could see that price has been in a long range for a while. Price seems to have formed a falling wedge which serves as a reversal pattern pattern of price to the upside. We could see that price has broken the downward trendline to the upside and a possible retest of the trendline and support zone between 0.18242 and 0.17959 will likely see price push to the upside. We could see that the RSI has moved from the oversold level .