The EUR/USD pair went back and forth during the course of the day on Thursday, showing quite a bit of volatility. The British pound fell during the day on Thursday, but did find a bit of support at the 1.32 level.
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The USD/JPY pair fell during the day on Thursday, breaking the bottom of the shooting star from the Wednesday session. The Australian dollar initially fell during the course of the session on Thursday, but turned back around to form a positive candle.
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Gold prices fell for the sixth time in seven sessions as gains in U.S. equities reduced the need for insurance against risks.
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The EUR/USD pair continues to bang around in the 1.1250 region, which is essentially the middle of the larger overall consolidation area. The British pound initially fell during the course of the session on Wednesday, but turned around to form a bit of a hammer.
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Initially, the USD/JPY pair rose during the course of the day on Wednesday, but turn right back around to form a shooting star. The New Zealand dollar rallied during the day on Wednesday, slamming into the 0.73 handle.
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The S&P 500 had a very volatile session on Wednesday, as we went back and forth and ended up forming a shooting star like candle. The NASDAQ 100 rose slightly during the course of the session on Wednesday, slamming into the 4760 handle.
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The WTI Crude Oil market fell significantly during the course of the day on Wednesday, as the bearish pressure continues. The natural gas markets went back and forth in a very volatile session on Wednesday, as we ended up forming a bit of a shooting star.
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Gold prices rose 0.35% on Wednesday, snapping a five-day losing streak, and settled at $1322.55 an ounce as a softer dollar lured investors back into the market.
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