The Euro tried to rally again during the trading session on Tuesday, but then broke down significantly to form a bit of a shooting star again.
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Bitcoin rallied initially during the trading session on Tuesday, slamming through the $8000 level.
The WTI Crude Oil market rallied slightly during the trading session on Tuesday, showing signs of resiliency again.
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The US dollar has rallied a bit during the trading session on Tuesday, wiping out the losses from the Monday session.
The S&P 500 rallied quite significantly during trading on Tuesday, getting the market to reach towards the losses from the previous session on Monday.
Gold markets initially tried to rally again during the day on Tuesday but failed at the downtrend line that I have drawn on the chart.
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Get the GBP/USD Forex signal for May 14, 2019 here.
Get the EUR/USD Forex signal for May 14, 2019 here.
The Euro initially rallied during the trading session on Monday, as people were starting to react to the escalated trade war tensions, but the fact that China retaliated should not have been a surprise at all.