The WTI Crude Oil market fell significantly during the course of the day on Thursday, breaking below the 50 day exponential moving average, a significant moving average as far as longer-term traders are concerned.
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Gold prices ended Thursday's session down 1.04%, or $13.46, to settle at $1278.43 an ounce as investors took profits from a recent rally that pushed the market to the highest level in nearly two years.
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The USD/JPY pair initially tried to rally during the course of the day on Wednesday, but turned right back around. The Australian dollar broke above the 0.74 level during the day and as a result we broke the top of a couple of shooting stars.
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The EUR/USD pair initially trying to fall during the day on Wednesday but turned right back around to take back all of the losses from Tuesday.
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The WTI Crude Oil market initially tried to rally during the course of the day on Wednesday but turn right back around to form a shooting star.
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The S&P 500 broke higher during the course of the session on Wednesday, as it appears of the Federal Reserve is stepping away from any idea of raising interest rates in the near term.
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Get the NZD/USD Forex signal for June 16, 2016 here.
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Get the AUD/USD Forex signal for June 16, 2016 here.
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Get the USD/JPY Forex signal for June 16, 2016 here.
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Get the USD/CAD Forex signal for June 16, 2016 here.
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Get the USD/CHF Forex signal for June 16, 2016 here.
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Get the EUR/USD Forex signal for June 16, 2016 here.
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Gold climbed for a sixth straight session on Wednesday to settle at their highest level since April 29 as the dollar tumbled after the Federal Reserve officials left monetary policy unchanged and lowered projections of how much they will raise interest rates in the next few years.
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Get the NZD/USD Forex signal for June 15, 2016 here.
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