Bitcoin markets broke down again during the day on Monday after trying to rally over the weekend.
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The WTI Crude Oil markets gapped higher to kick off the week on Monday as there’s been a bit of a “risk on rally” around the world after the United States and China decided to call a bit of a cease-fire in the trade war.
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During the weekend, the Americans and the Chinese have come to an agreement to put a 90 day moratorium on fresh new tariffs, which of course is exactly what the market was hoping.
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The US dollar gapped higher during early trading on Monday, came back to fill the gap, and then rally again.
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Get the USD/CAD Forex signal for December 4, 2018 here.
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Get the USD/CHF Forex signal for December 4, 2018 here.
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Get the GBP/USD Forex signal for December 4, 2018 here.
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Get the EUR/USD Forex signal for December 4, 2018 here.
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Gold prices rose $7.25 an ounce on Monday as a weaker dollar lent support to the market and some investors recalibrated their views on U.S. interest rates.
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Get the NZD/USD Forex signal for December 3, 2018 here.
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Get the AUD/USD Forex signal for December 3, 2018 here.
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Get the USD/JPY Forex signal for December 3, 2018 here.
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Get the BTC/USD Forex signal for December 3, 2018 here.
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The Euro broke down rather significantly during the trading session on Friday, reaching down to the 1.13 level.
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The bitcoin markets broke down a bit during the trading session again on Friday as we continue to see a lot of resistance at the $4500 level.
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