The EUR/USD pair certainly has been resilient lately. We completely wiped out all of the losses from Thursday during the Friday session, as we crashed into the 1.10 level.
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The USD/JPY pair fell significantly during the Friday session, as we broke well below the 1.1 handle.
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The WTI Crude Oil market continued to fall on Friday, as this market simply cannot find any type of support.
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The USD/CAD pair broke out to the upside yet again during the session on Friday, and broke above the 1.37 level.
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What happened on Friday was a significant statement though. We broke above the trend line, the 2.10 level, and of course the top of the shooting star from the Wednesday session. In other words, the buyers got extraordinarily aggressive
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Gold prices rose on Friday, breaking a two-session losing streak, as some investors sought safety from volatility in global equities.
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The EUR/USD pair fell during the course of the session on Thursday, as we reached towards the 1.10 level.
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The NZD/JPY pair broke higher during the course of the day on Thursday, although did not explode to the upside showing massive bullish pressure.
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The AUD/CHF pair had a positive session on Thursday, testing the 0.7250 level.
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The USD/JPY pair fell a bit during the course of the session on Thursday, as we continue to see quite a bit of selling pressure.
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The USD/NOK pair fell initially during the course of the session on Thursday, dropping down to the 8.60 handle.
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Gold fell to its lowest level in five sessions on Friday, pressured by the dollar’s move higher and weakness in oil.
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