The WTI Crude Oil market went back and forth during the day on Tuesday, ultimately settling on a very neutral candle.
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The US dollar rallied initially during the trading session on Tuesday, but found enough resistance at the 114.50 level to turn around and form a bit of a shooting star again.
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Gold prices dropped $6.52 an ounce on Tuesday but remained within the trading range of the past eleven days.
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The Euro initially fell on Monday, reaching down below the 1.16 level. The British pound exploded to the upside during the day on Monday, clearing the top of the shooting star that had formed on Friday.
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The US dollar initially rallied on Monday, breaking above the vital 114.50 level.
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The S&P 500 initially fell during the trading session on Monday, but found enough support just above the 2575 handle to turn around and continue to rally.
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The WTI Crude Oil market gapped higher at the open on Monday, and then broke above the $57 level.
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Get the daily USD/JPY Forex signal for November 7, 2017 here.
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