Since the beginning of this week, the GBP / USD has continued to decline, ignoring the disappointing results of US jobs announced last Friday.
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Beginning this week, the GBP/USD pair continued its bearish correction to the 1.2286 support, and the highest price during yesterday's session was the 1.2336 resistance.
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USD / JPY rebounded from the 106.65 support level to the 107.46 resistance level in the first trading session of this week.
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The risk appetite and the abandonment of safe havens pushed the price of gold down to the $1488 support an ounce, after opening the week's trading around the $1508 resistance.
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Global crude oil prices rise ahead of US-China trade talks scheduled to begin later this week, contributed to the pressure on the USD / CAD pair to pull back to the 1.3290 support
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XRP/USD: Can rally extend into its resistance zone?
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The NASDAQ 100 tried to rally during the trading session on Monday, indeed keep some of the gains after gapping lower.
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The WTI Crude Oil market initially shot higher during the trading session on Monday, breaking above the top of the shooting star shaped candle stick from the Friday session
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Natural gas markets gapped slightly lower to kick off the trading session on Monday, and then fell towards the $2.30 level.
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Gold markets fell hard during the trading session on Monday to kick off the week, crashing through the $1500 level.
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The US dollar has gapped higher to kick off the week against the Mexican peso, and then broke above the 50 day EMA.
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The Euro initially was all over the place during the trading session on Monday but was essentially chopping around and floundering more than anything else.
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The British pound has gone back and forth during the trading session on Monday after initially gapping lower, as the market simply doesn’t know what to do right now.
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The US dollar has initially gapped lower during the trading session on Monday, but then broke towards the 50 day EMA above.
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The Australian dollar initially gapped lower to kick off the trading week, as we continue to dance around the 0.6750 level.
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