Gold prices ended Thursday’s session up $9.34 an ounce, helped by the weakness in the dollar.
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The EUR/USD pair has rallied on Thursday, as we await the jobs number. The British pound rallied a bit during the day as well, but in a much calmer manner.
The S&P 500 rallied significantly during the trading session on Thursday, as we continue to see more volume jump into the US stock markets.
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The US dollar rallied significantly against the Japanese yen during the trading session on Friday, as we continue to bounce around ahead of the jobs number today.
The WTI Crude Oil market initially pulled back during the trading session on Thursday, but turned around to form a hammer at the $62 handle.
Bitcoin tried to rally initially during the trading session on Thursday, but struggled above the $15,000 level.
Gold prices had an excellent session on Wednesday, as gains moved towards the resistance level at $1321 an ounce, the highest level in 3 months.
There is no doubt that the minutes of the last Federal Reserve meeting helped the USD to achieve gains against other majors
The GBP/JPY didn’t enjoy the gains it made reaching towards resistance level at 152.82, the highest level for this pair in 3 months, and went quickly down towards 151.93
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The EUR/JPY is established around 135.60 level for the 4th day in a row, which created a cluster threatens to have a corrective moves of profit taking at any time
The GBP lost all gains made during the last session, as after the GBP/USD made a strong bullish move during Wednesday session to the resistance level at 1.3612
The EUR/USD gains stopped at the resistance level 1.2080, the highest level in 3 months, before it went back to 1.2000 at the time of writing.
Gold prices fell $4.48 an ounce on Wednesday, ending an eight-day streak of gains, as a rebound in the dollar and the market’s inability to penetrate the $1321
The EUR/USD pair fell during most of the trading session on Wednesday, falling down to the 1.20 level, which was the scene of the gap from Tuesday.
Bitcoin initially rallied during the trading session on Wednesday, but ran into a significant amount of resistance at the $15,000 region.