The US dollar initially tried to rally against the Japanese yen during Friday’s trading, but a weaker than anticipated jobs number did no favors for the greenback.
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The S&P 500 initially fell during trading on Friday but bounced enough to rally towards the 2835 handle. I think there is a significant amount of resistance above though, especially near the 2850 level.
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The WTI Crude Oil market initially fell during trading on Friday but found enough support near the $68 level to show its proclivity to stay within the consolidation area that we have seen over the last couple of weeks.
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The Euro fell rather hard during the trading session on Thursday, slicing through the 1.16 level, which is an area of short-term support and technically a break of the symmetrical triangle that I have on the chart.
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Bitcoin fell again during the trading session on Thursday, reaching below the $7500 level one point.
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The US dollar fell initially during the trading session on Thursday but found support near the ¥111.25 level.
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The WTI Crude Oil market has fallen initially during the day on Thursday, reaching towards the $67 level.
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The S&P 500 initially fell during the trading session on Thursday, breaking down below the 2800 level before finding plenty of support near the 2790 handle
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Gold prices fell $8.43 an ounce on Thursday, extending losses to a second session, as a strengthening dollar pressured the market and fueled downside momentum.
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Get the NZD/USD Forex signal for August 2, 2018 here.
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Get the AUD/USD Forex signal for August 2, 2018 here.
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Get the USD/JPY Forex signal for August 2, 2018 here.
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