The EUR/USD pair initially tried to rally during the day on Monday, but found enough resistance above to turn around and fall significantly and reach towards the 1.12 level.
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The USD/JPY pair fell significantly during the session on Monday, breaking well below the 110 level. The Australian dollar had a back and forth type of session during the day on Monday, as we continue to go sideways overall.
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The WTI Crude Oil market initially tried to rally on Monday, but turned around just below the 47 handle to form a shooting star.
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The S&P 500 had a very volatile session on Monday, but ultimately bounced enough to form a hammer. The NASDAQ 100 had a very interesting day, initially filling below the 5700 level but turned around by the end of the day to form a nice-looking hammer.
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Get the USD/CAD Forex signal for June 13, 2017 here.
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Get the GBP/USD Forex signal for June 13, 2017 here.
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Get the EUR/USD Forex signal for June 13, 2017 here.
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Gold prices ended a choppy, two-sided trading session slightly lower yesterday, with many investors in wait and see mode ahead of key central bank meetings and economic data.
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Get the NZD/USD Forex signal for June 12, 2017 here.
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Get the AUD/USD Forex signal for June 12, 2017 here.
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Get the USD/JPY Forex signal for June 12, 2017 here.
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The EUR/USD pair had a very volatile session during the day on Friday as the EUR was a beneficiary of the surprise elections in the United Kingdom. The British pound fell significantly after the UK parliamentary elections, breaking down almost immediately.
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The WTI Crude Oil market went back and forth during the day on Friday, as we continue to test the $45 level underneath. Natural gas markets did very little during the day on Friday, initially tried to rally but then turning around to show signs of resistance.
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The USD/JPY pair broke higher on Friday, using the 110 level as a reason to go to the upside. The Australian dollar fell during the Friday session, but continues to find buyers just below, and especially near the 0.75 handle.
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