The S&P 500 rallied on Tuesday, as we found plenty of support just underneath. The NASDAQ 100 broke out to the upside on Tuesday, showing signs of significant strength.
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The WTI Crude Oil market initially tried to rally during the day on Tuesday, showing signs of exhaustion soon after. Natural gas markets continue to show signs of volatility as we bounced significantly during the day on Tuesday, reaching above the $3.25 level.
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The USD/JPY pair went back and forth on Tuesday, testing the 115 level for support. The AUD/USD pair went back and forth, showing signs of choppiness and indecision.
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Gold prices rose $6.13 an ounce on Tuesday to settle at their highest level in six weeks, buoyed by an easing U.S. dollar and physical buying in Asia.
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Check out the NZD/USD Forex signal for January 10, 2017 here.
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Get the AUD/USD Forex signal for January 10, 2017 here.
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Get the USD/JPY Forex signal for January 10, 2017 here.
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Get the USD/CAD Forex signal for January 10, 2017 here.
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Get the USD/CHF Forex signal for January 10, 2017 here.
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Check out the GBP/USD Forex signal for January 10, 2017 here.
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Get the EUR/USD Forex signal for January 10, 2017 here.
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The Euro rallied on Monday, after initially dropping down to the 1.05 level. The British pound fell on Monday, making a fresh, new low.
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The S&P 500 fell on Monday, pulling back from a recent breakout. The NASDAQ 100 broke above the 5000 handle, and continued going higher on Monday.
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The WTI Crude Oil market broke down on Monday, showing signs of weakness yet again. Natural gas markets continue to crater during the session on Monday, as we reach towards the $3.10 level.
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The US dollar initially tried to rally on Monday but turned around to show weakness against the Japanese yen. The Australian dollar rallied on Monday, showing signs of strength again.
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