The S&P 500 fell during the Friday session, as the 2550 level offered a bit too much resistance. The NASDAQ 100 initially fell during the day on Friday, but turned around to form a massive hammer.
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Get the USD/JPY Forex signal for October 9, 2017 here.
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Get the Forex signal for the USD/CAD pair for October 9, 2017 here.
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Get the Forex signal for the GBP/USD pair for October 9, 2017 here.
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The WTI Crude Oil market broke down significantly on Friday, slicing through the $50 level. Natural gas markets trying to rally on Friday but ended up rolling over and testing the $2.85 level.
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The US dollar initially rallied against the Japanese yen on Friday, but turned right back around as we reached towards the 113.50 level.
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Get the Forex signal for the EUR/USD pair for October 9, 2017 here.
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Gold prices rose $7.72 on Friday, recouping earlier losses, and settled at $1276.15 an ounce as traders assessed the likelihood of a December rate hike in the wake of a mixed employment report.
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Check out our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for the week of October 9, 2017.
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Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of October 8, 2017.
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Check out DailyForex.com's Forex forecast for the week of October 9, 2017 here.
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The EUR/USD pair initially tried to rally during the Thursday session, but rolled over to reach towards the 1.17 level as the ECB failed to say anything hawkish during the session as expected.
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The US dollar initially fell against the Japanese yen during the day on Thursday, but turned around to form a hammer.
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The S&P 500 broke out to the upside and reached towards the 2550 level during the Thursday session.
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The WTI Crude Oil market rallied on Thursday, showing extreme amounts of strength initially, using the $50 level as support.
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