The EUR/USD pair initially tried to rally during the course of the session on Tuesday, testing the 1.16 level. The GBP/USD pair initially rallied during the day on Tuesday, but turned around to fall rather significantly.
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The WTI Crude Oil market fell during the course of the session on Tuesday, breaking below the $44 level. The natural gas markets rose during the course of the day on Tuesday, but remained well within the consolidation that we have been in for some time.
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The S&P 500 struggled during the session on Tuesday, as US indices in general fell. The NASDAQ 100 fell as well, and is also sitting on pretty significant support in the form of 4300.
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During the course of the day on Tuesday, the USD/JPY pair fell significantly, reaching towards the 105 level. The AUD/USD pair broke down during the course of the session on Tuesday, breaking below the 0.75 level.
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Gold prices ended Tuesday's session down $4.92, to settle at $1291.29 an ounce as the market's inability to pass through the $1300 level triggered some profit taking.
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Get the NZD/USD Forex signal for May 3, 2016 here.
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Get the AUD/USD Forex signal for May 3, 2016 here.
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Get the USD/JPY Forex signal for May 3, 2016 here.
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Get the USD/CAD Forex signal for May 3, 2016 here.
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Get the USD/CHF Forex signal for May 3, 2016 here.
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Get the GBP/USD Forex signal for May 3, 2016 here.
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Check out the EUR/USD Forex signal for May 3, 2016 here.
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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.
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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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