EUR/USD and Nasdaq Find Support as Crude Oil Prices Reverse

Markets are showing signs of easing their narrative, with potential reversal in crude oil and U.S. Treasury yields helping to shield markets from further drawdowns.

The Federal Reserve's rate hike has led to a 6% drop in UKOIL, but Brent prices have pulled back from their monthly highs, signaling a potential reversal in inflationary pressures.

For EUR/USD, the key support level is 1.1460, while for the Nasdaq, it's 28,800. These levels are technically significant and represent defining barriers between bullish and bearish biases.