The WTI Crude Oil market initially rally on Friday, but turned around to form a shooting star. The natural gas markets went back and forth during the day on Friday, testing the 50-day exponential moving average for support.
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The USD/JPY pair initially tried to rally during the session on Friday but found enough resistance to turn things around and form and exhaustive candle.
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Gold prices settled at $1245.10 an ounce on Friday, gaining 1.2% on the week, as a sell-off in the U.S. stock market and a lower U.S. dollar index boosted the yellow metal.
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The EUR/USD pair fell initially during the session on Thursday but continues to find support above the 1.0750 level.
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The USD/JPY pair went back and forth during the session on Thursday, testing the 200-day exponential moving average. The Australian dollar fell during the day on Thursday, breaking below the bottom of the hammer from the Wednesday session.
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The WTI Crude Oil market initially tried to rally during the day on Thursday but then fell as we drifted towards the bottom of the overall consolidation area.
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The S&P 500 bounced during the session on Thursday, breaking above the 20-day exponential moving average.
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Gold snapped six consecutive days of gains as the greenback edged higher and global equities markets saw a modest rebound.
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