The WTI Crude Oil market initially gapped lower at the open on Monday, but then turned around to fill that gap completely. The natural gas markets rallied after initially gapping higher on Monday.
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The US dollar fell initially during the day on Monday, and then turned back around to form a hammer. The Australian dollar rallied on Monday, slamming into the 0.75 region.
The EUR/USD pair initially tried to rally at the open on Monday but found quite a bit of resistance at the 1.07 level above. The British pound initially tried to rally during the Monday session but found out the 1.25 level above continues to order quite a bit of resistance into the market.
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Gold prices ended Monday's session up $10.85, to settle at $1193.80 an ounce, as a drop in the U.S. dollar lent some support to the precious metal.
Gold ended the week down $23.73 at $1183.97 as the latest batch of U.S. economic data continued to support views the Federal Reserve will raise interest rates in December.
Get the NZD/USD Forex signal for November 28, 2016 here.
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Get the USD/JPY Forex signal for November 28, 2016 here.
Get the USD/CAD Forex signal for November 28, 2016 here.
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Get the USD/CHF Forex signal for November 28, 2016 here.
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The Euro rallied during the session on Friday, but found enough resistance of the 1.06 level to turn things back around and form a bit of a shooting star like candle. The British pound did almost nothing during the day on Friday, as we continue to hover below the 1.25 level in the GBP/USD pair.
The WTI Crude Oil markets fell during the day on Friday, as we had a significant bearish tone to the market. Natural gas markets had a positive session on Friday, as the colder weather has shown up in the northeastern part of the United States.
The USD/JPY pair went back and forth during the session on Friday, as the 112.50 level offers significant support. The Australian dollar initially rose during the session on Friday, but found enough resistance above the 0.7450 level to turn things around and form an exhaustive candle.