The WTI Crude Oil market rallied during the day on Thursday, reaching towards the top of the shooting star from the previous session. Natural gas markets went back and forth during the day on Thursday.
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The US dollar fell initially during the day on Thursday, finding support at the same region that we have found it previously, and as a result we ended up forming a hammer.
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The market had an interesting session on Wednesday as the battle between the bulls and bears intensified.
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The EUR/USD pair fell again during the day on Wednesday but yet again found support at the 1.06 handle. The British pound spent the day making a positive candle, completely wiping out losses from the Tuesday session.
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The S&P 500 tried to rally most of the day on Wednesday, and made quite a bit of headway. The NASDAQ 100 initially trying to break out and actually continue the massive uptrend that we have been in.
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The USD/JPY pair tried to rally during the day on Wednesday, but found the far too much in the way of resistance at the 200-exponential moving average.
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The WTI Crude Oil market had a very bullish beginning to the day on Wednesday, but ran into a bit of resistance near the $52 level, and the 50-day exponential moving average.
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The US Dollar continues to try to hold on to earlier gains versus the Japanese Yen, as the pressure continues to weigh after a ballistic missile was fired by North Korea just as the US-Sino Summit looms.
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