The S&P 500 rallied during the trading session on Friday, smashing into the 2650 handle. The NASDAQ 100 continues to be very noisy in general, and we did rally on Friday with a certain amount of strength.
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The US dollar has rally during the Friday session, breaking above the vital 113 handle.
Get the USD/JPY Forex signal for December 11, 2017 here.
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Gold ended the week down $25.52 at $1248.07 an ounce, recoding a third consecutive weekly loss, as investors continued to favor risky assets.
Check out the Weekly Forex Forecast for your favorite pairs for the week of December 11, 2017.
The EUR/USD pair initially tried to rally during the trading session on Thursday, but found the area above the 1.18 level to be a bit too resistive.
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The S&P 500 initially fell during the trading session on Thursday, but found enough support at the short-term uptrend line to rally a bit.
The US dollar rallied significantly against the Japanese yen during the trading session on Thursday, smashing into the 113 handle.
The WTI Crude Oil market bounced slightly during the trading session on Thursday as we continue to see volatility in the crude oil complex.
Gold prices dropped nearly 1.3% on Thursday to settle at their lowest level since July 21 as a broad selloff in commodities and a stronger dollar pulled the market down.
Get the NZD/USD Forex signal for December 7, 2017 here.
Get the AUD/USD Forex signal for December 7, 2017 here.