The EUR/USD pair broke down significantly on Tuesday again, breaking down below the 1.19 handle, and reaching below the 1.1850 level at one point during the session.
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The US dollar initially tried to rally against the Japanese yen during trading on Tuesday, but we have seen selling pressure before, and we sought again during the day on Tuesday.
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Gold prices ended Tuesday’s session nearly unchanged after a volatile day that saw prices swing between gains and losses.
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Get the USD/CAD Forex signal for May 8, 2018 here.
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Get the EUR/USD Forex signal for May 8, 2018 here.
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The Euro fell again on Monday, as the US dollar continues to show strength in the Forex markets, with higher interest rates coming in and of course better economic indicators coming out of America.
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Bitcoin markets had a very negative session initially on Monday but have found a bit of support near the vital $9200 level.
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The US dollar initially spent Monday rallying against the Japanese yen, as we had formed a nice hammer on Friday.
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