The West Texas Intermediate Crude Oil market has fallen a bit during the trading session on Monday, but it was Labor Day in the United States so you need to keep that in mind.
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The NASDAQ 100 traded in very thin electronic trading on Labor Day, gapping lower in reaction to the US and China slapping tariffs on each other.
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Natural gas markets have rallied a bit during the trading session on Monday, but keep in mind that these trades were done in a very thin market.
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Gold markets have been somewhat quiet during the trading session on Monday, which isn’t a huge surprise considering that it was Labor Day in the United States.
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After price action in the AUDUSD was rejected by its 61.8 Fibonacci Retracement Fan Resistance Level, bearish pressures mounted and a sell-off followed.
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Silver: Consolidating triangle below $18.50
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The Euro has broken down significantly during the Friday session, slicing through the 1.10 EUR level.
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USDCHF Analysis: Short-term bullish trend
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GBPUSD: More bearish as no deal Brexit becoming more likely
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EURUSD: New 2-year low prices below 1.1000
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The US dollar has been back and forth against the Japanese yen for some time now, and I think that will continue to be the case as we head towards Labor Day in the United States on Monday.
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