The British pound went sideways during the month of May, after breaking out above the 1.2750 level.
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The AUD/NZD pair had a negative month of May, reaching towards the 1.05 level.
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Gold prices ended Tuesday’s session moderately lower as lack of bullish fundamental developments prompted some investors to lock in gains from a recent rally to a four-week high.
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The EUR/USD pair had a volatile session during the day on Tuesday, but found enough support to turn around and form a nice-looking hammer.
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The USD/JPY pair initially rally during the day on Tuesday, but found resistive enough to turn the market back around and sell off significantly.
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The WTI Crude Oil market fell significantly during the day but turned around to form a supportive looking candle.
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The S&P 500 fell a bit during the day on Tuesday, but found enough support at the 2410 level to turn things around and form a bullish looking candle.
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Get the NZD/USD Forex signal for May 30, 2017 here.
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Get the AUD/USD Forex signal for May 30, 2017 here.
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Get the USD/JPY Forex signal for May 30, 2017 here.
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Get the USD/CAD Forex signal for May 30, 2017 here.
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Get the USD/CHF Forex signal for May 30, 2017 here.
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Get the GBP/USD Forex signal for May 30, 2017 here.
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The EUR/USD pair initially tried to rally but turned around to form a fairly negative looking candle as it was a shooting star, and it sits just below the 1.12 handle. The British pound bounced during the day on Monday, testing the 1.2825 level underneath.
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The US dollar had a quiet session on Monday, as Americans would have been away for Memorial Day. The Australian dollar was very quiet as well, as it looks like the 0.7425 level continues to offer support.
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