The GBP/USD pair continues to go sideways overall, as the last couple of weeks has shown. However, I think it’s only a matter of time before we get some type of move.
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Get the GBP/USD Forex signal for November 30, 2016 here.
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Get the EUR/USD Forex signal for November 30, 2016 here.
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The euro initially fell against the US dollar but found a little bit of support during the day on Tuesday. The GBP/USD pair is essentially “dead money” for me at the moment.
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The WTI Crude Oil market fell during the day on Tuesday, wiping all of the gains from Monday. The natural gas markets fell on Tuesday, testing the $3.25 level.
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The US dollar rallied during the day on Tuesday, breaking above the 112.50 level against the Japanese yen. The Australian dollar initially fell during the day on Tuesday, and tested the 0.7450 level below.
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The S&P 500 had a positive session on Tuesday, bouncing off of the 2200 level to show continued signs of bullishness. The NASDAQ 100 broke higher during the day on Tuesday as well, testing the 4900 level.
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Get the USD/JPY Forex Signal for November 29, 2016 here.
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Get the GBP/USD Forex Signal for November 29, 2016 here.
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Get the EUR/USD Forex Signal for November 29, 2016 here.
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The S&P 500 initially fell on Monday, testing the 2200 level for support. The NASDAQ 100 went back and forth during the day on Monday, as we continue to bounce around the 4850 region.
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