The WTI Crude Oil market touched the 20 SMA on the daily chart, and perhaps more importantly, the uptrend line that had previously offered so much support.
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The US dollar rallied against the Japanese yen on Tuesday as traders came back to work in the United States.
The S&P 500 had a slightly negative session during the day, as we drifted a bit lower and reached towards the 2700 level.
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Gold prices continued to slide yesterday, extending losses from Monday’s session, as the dollar continued to appreciate.
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The EUR/USD pair has pulled back a bit during the trading session on Monday, but by the time we closed out the session, we ended up forming a hammer.