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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During the day on Tuesday, we went back and forth in the copper markets, which of course is one of my favorite markets to determine on how the global economy is functioning.
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The EUR/USD pair initially tried to rally during the course of the session on Tuesday, but turn right back around to form a rather negative candle. The British pound fell during the course of the day as the US dollar gained in general.
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The USD/JPY pair initially fell during the course of the session on Monday, but turned right back around to form a bullish candle. The Australian dollar broke down rather significantly during the course of the session on Tuesday, slicing through the back half of the hammer that had formed on Monday.
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The WTI Crude Oil market fell a bit during the course of the day on Tuesday, as we continue to consolidate overall. The natural gas markets initially tried to rally but then turn right back around to form a shooting star.
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The S&P 500 initially fell during the course of the day but did find a little bit of support near the 2120 handle. The NASDAQ 100 fell during the course of the session on Tuesday, but found the 4700 level be somewhat supportive.
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Get the USD/CAD Forex signal for September 14, 2016 here.
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