The WTI Crude Oil market was initially a bit positive during the day on Monday, but then broke down rather significantly to sliced through the $70 handle.
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The S&P 500 initially tried to rally during the day on Monday but found the downtrend line from the larger wedge to be major resistance.
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Gold prices ended a two-sided trading session slightly lower on Monday as the U.S. dollar advanced against the euro after a report showed that German factory orders dropped.
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Get the NZD/USD Forex signal for May 7, 2018 here.
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The EUR/USD pair fell again during Friday trading, breaking down below the 1.1950 level.
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Bitcoin did very little against the US dollar during the trading session on Friday, as the world focused on the jobs number in America.
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The US dollar fell initially against the Japanese yen during training on Friday as the jobs report came out and rocked the market as per usual
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The S&P 500 initially fell during the trading session on Friday but turned around to reach to the upside.
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The WTI Crude Oil market initially fell during the session on Friday, but then exploded to the upside, slamming into the $70 level.
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Gold ended the week down $8.12 at $1314.59 an ounce, recoding a third consecutive weekly loss, as the recent solid rally in the U.S. dollar index continued to curtail buying interest in the market.
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Get the USD/JPY Forex signal for May 7, 2018 here.
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