The EUR/USD pair broke out during the day on Monday, finally clearing the 1.15 level which had been so resistive.
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The USD/JPY pair rose slightly during the course of the session on Monday, but did struggle towards the end of the day. The AUD/USD pair rose during the course of the day on Monday, as we continue to see buyers just below.
The S&P 500 initially tried to fall during the day on Monday, but found enough support at the 2060 level to turn things around and form a bit of a positive candle. NASDAQ 100 bounced a bit during the course of the day on Monday, as we broke down significantly the previous couple of weeks.
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The WTI Crude Oil markets fell during the day on Monday, breaking below the bottom of the shooting star from Friday. Natural gas markets fell during the course of the day on Monday, as we continue to bounce around just above the $2.00 level, and the $2.20 level above continues to be resistive.
Gold prices ended Monday nearly unchanged as investors took a cautious stance ahead of the April U.S. employment report and other key economic numbers which could impact the Fed's monetary policy.
Get the NZD/USD Forex signal for May 2, 2016 here.
Get the AUD/USD Forex signal for May 2, 2016 here.
Get the USD/JPY Forex signal for May 2, 2016 here.
Get the USD/CAD Forex signal for May 2, 2016 here.
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Get the USD/CHF Forex signal for May 2, 2016 here.
Get the GBP/USD Forex signal for May 2, 2016 here.
Get the EUR/USD Forex signal for May 2, 2016 here.
The EUR/USD pair had a rather positive session during the day on Friday, as we tested the 1.1450 level. The GBP/USD pair initially fell during the course of the session on Friday, but found support just below and ended up turning the market back around.
The USD/JPY pair fell during the course of the session on Friday, as we continue to see traders buying the Japanese yen. The Australian dollar fell during the course of the day on Friday but we still have plenty of support just below in order to keep the market somewhat afloat.
The S&P 500 fell significantly during the course of the session on Friday, testing the 2050 handle. The NASDAQ 100 fell significantly during the course of the session on Friday, but you can see that we found support right where we needed to find it, near the 4320 handle.