The USD/JPY pair broke higher during the session on Thursday, clearing the 109 handle. The Australian dollar rallied during the day on Thursday, breaking higher and at one point above the 200-day exponential moving average.
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Get the NZD/USD Forex Signal for April 20, 2017 here.
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Gold prices moved lower on Wednesday as the greenback clawed back some of its recent losses.
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The EUR/USD pair fell during the day on Wednesday, as the market reaches towards the 1.07 level.
The USD/JPY pair rallied on Wednesday, bouncing yet again as we continue to consolidate just above the 108 handle. The Australian dollar fell during the day on Wednesday, testing the 0.75 level.
The Wednesday session initially tried to rally but turned around to form a bit of a shooting star during the day on Wednesday, showing signs of exhaustion.
The WTI Crude Oil market fell significantly during the day on Wednesday, after a loss of inventory was announced, but more importantly a build of gasoline came about in the United States.
Get the NZD/USD Forex signal for April 19, 2017 here.
Get the AUD/USD Forex signal for April 19, 2017 here.