The S&P 500 has been very volatile but ended up forming a bit of a hammer during the trading session on Wednesday which is very positive.
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The WTI Crude Oil market gapped higher at the open on Wednesday, and then shot straight up after the inventory numbers proved that 5 million barrels have been taken out of storage for the previous week in the United States.
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Gold prices rose $7.76 an ounce on Wednesday, marking the third consecutive rise, as a weaker U.S. dollar index lured investors back into the market.
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Get the NZD/USD Forex signal for September 12, 2018 here.
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Get the BTC/USD Forex signal for September 12, 2018 here.
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Get the USD/JPY Forex signal for September 12, 2018 here.
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Get the USD/CAD Forex signal for September 12, 2018 here.
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Get the USD/CHF Forex signal for September 12, 2018 here.
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Get the GBP/USD Forex signal for September 12, 2018 here.
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Get the EUR/USD Forex signal for September 12, 2018 here.
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The Euro tried to rally during the trading session on Tuesday but ran into a buzz saw of resistance.
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Bitcoin continues to fall as Tuesday was also negative. However, the $6000 level underneath continues to loom large.
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The WTI Crude Oil market blew the top off of the shooting star from the previous session on Tuesday, showing that the buyers are very much still in control of this market.
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The US dollar rallied against the Japanese yen during trading on Wednesday as we continue to bounce around.
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