The US dollar has initially fallen during the day on Wednesday, but found enough support at the 61.8% Fibonacci retracement level to rally
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The traders sold off rather drastically during the trading session against the US dollar on Wednesday, but did get back much of the losses, forming a hammer on the daily chart.
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The WTI Crude Oil market drifted a bit lower during the trading session on Wednesday, but turned around to form a hammer.
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The S&P 500 rallied during the day, reaching towards the 2800 level.
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Get the NZD/USD Forex signal for January 17, 2018 here.
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Get the AUD/USD Forex signal for January 17, 2018 here.
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The EUR/USD pair fell initially during the trading session on Tuesday, but bounced enough to form a hammer.
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The WTI Crude Oil market broke down significantly during the day, reaching towards the $63.50 level.
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The US dollar initially tried to rally during the trading session on Tuesday, but turned around to form a shooting star.
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Bitcoin markets fell yet again during the Tuesday session as volume picked up.
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The S&P 500 was very noisy during the trading session on Tuesday, as traders came back from the Martin Luther King Jr. holiday.
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Check out the USD/JPY Forex signal for January 17, 2018 here.
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Get the USD/CAD Forex signal for January 17, 2018 here.
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Get the GBP/USD Forex signal for January 17, 2018 here.
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