The WTI Crude Oil market exploded to the upside during the day on Wednesday after the Crude Oil Inventories announcement came out much more bullish than anticipated.
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Get the USD/JPY Forex signal for May 11, 2017 here.
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Gold prices fell for a second day, but the trading range was relatively tight as none of the nearest key levels were broken.
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The EUR/USD pair fell significantly on Tuesday, after having a horrible day on Monday. The British pound had a volatile session on Tuesday, and therefore ended up forming a neutral candle.
The US dollar broke higher on Tuesday, as we cracked above the hammer from the Monday session. The Australian dollar broke down on Tuesday, driving through the 0.74 level.
The S&P 500 had a choppy session on Tuesday, as we bounced around below the 2400 level. The NASDAQ 100 broke higher during the session on Tuesday, using the 5650 level as a springboard.