The WTI Crude Oil markets rallied during the course of the session on Monday, as we continue to grind higher overall. The natural gas markets broke out to the upside after gapping higher on Monday.
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The USD/JPY pair fell during the day on Monday, as the 105 level continues to be rather resistive. The Australian dollar of course rose as we gapped higher at the open on Monday, but we had quite a bit of resistance at the 0.75 level.
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Get the EUR/USD Forex signal for June 21, 2016 here.
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Gold started the week lower as worries that the U.K. may leave the European Union abated after surveys show ‘remain’ sentiment gaining steam.
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Get the NZD/USD Forex signal for June 20, 2016
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Gold prices settled at $1298.43 an ounce on Friday, a rise of 1.81% over the course of the week's trading, as the Federal Reserve's cautious stance towards tightening policy, soft economic data and a slide in equities lured investors back into the market.
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The EUR/USD pair initially fell during the day on Friday, but turned right back around to form a bit of a hammer. The GBP/USD pair initially fell during the course of the session on Friday, but turned right back around in order to form a bullish candle.
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The WTI Crude Oil market rose during the course of the session on Friday, testing the $40 handle. Natural gas markets initially fell during the course of the day on Friday but turned right back around form a very bullish candle.
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The S&P 500 fell slightly during the course of the session on Friday, testing the bottom of the Bollinger band indicator that I have on this chart. The NASDAQ 100 fell significantly during the course of the session on Friday, testing the bottom of the hammer from Thursday.
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