During the day on Wednesday, we get the Core Durable Goods Orders announcement coming out of the United States, and of course the Crude Oil Inventories announcement coming out as well. With this being the case, we are wanting the following 3 assets:

Silver

Silver markets initially tried to rally during the course of the session on Tuesday, but found the $19.50 level to be far too expensive. It looks as if we are trying to fall from here and look for support below. In the short-term, it seems that the put buyers are very much in control.

WTI Crude Oil

The WTI in Crude Oil markets fell slightly during the course of the session on Tuesday, but we are still consolidating at the moment. Ultimately though, it looks as if there is longer-term bearish pressure so the put buyers will be very interested in the inventory number coming out today. At this point in time, looks like the market is going to find support at the $43 level.

USD/JPY

The USD/JPY pair initially tried to rally during the course of the day on Tuesday, but turned right back around to fall towards the 100 level. At this point in time though, the Bank of Japan seem to be very interested in the 100 level, so intervention is a possibility. Nonetheless, this should be a very interesting barrier and could cause short-term bounces from time to time.