The EUR/USD pair fell during the course of the day on Monday, slicing through the 1.1150 level below. The British pound fell slightly during the course of the day on Monday, as we continue to try to grind lower.
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The WTI Crude Oil market rallied rather significantly during the day on Monday as Vladimir Putin suggested that the Russians were willing to perhaps cut back on oil production in order to help OPEC’s bid to raise prices of petroleum around the world.
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The S&P 500 broke higher during the course of the session on Monday, breaking above the top of the symmetrical triangle that we had been trading in. The NASDAQ 100 broke out to the upside during the course of the day on Monday, clearing the 4900 level one point.
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The USD/JPY pair fell slightly during the course of the session on Monday, and then turned right back around to form a fairly positive candle. The New Zealand dollar fell a bit during the course of the session on Monday, testing the 0.71 level.
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Get the GBP/USD Forex signal for October 10, 2016 here.
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Get the EUR/USD Forex signal for October 10, 2016 here.
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The EUR/USD pair had a very violent session during the day on Friday after the less than anticipated jobs number. The GBP/USD pair fell initially during the course of the session on Thursday, but found enough support to turn things back around and form a bit of a hammer.
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The USD/JPY pair broke down significantly during the course of the session on Friday, breaking the bottom of the shooting star that formed on Thursday. The NZD/USD pair had a very volatile session during the day on Friday, crashing into the 0.72 level above.
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The WTI Crude Oil market fell a bit during the day on Friday as the jobs number disappointed. Natural gas markets absolutely exploded during the course of the session on Friday, as the $3 level continues to offer quite a bit of support, and is essentially the “floor” in this market now that we have made a fresh, new high.
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The S&P 500 initially tried to rally during the day on Friday, but after the soft jobs number, we ended up falling and forming a negative candle. The NASDAQ 100 went back and forth during the course of the session on Friday, bouncing off of the 4840 level below.
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