The WTI Crude Oil markets fell hard during the session on Monday again, testing the $91.50 level. This area has been significant support in the past, and as a result it’s probably going to be a bit difficult to sell right here.
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The EUR/USD pair initially fell during the session on Monday, but as you can see bounced enough to form a nice hammer.
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The USD/JPY pair fell during the session on Monday, testing the 103 level. The candle of course looks very weak, but at the end of the day I still believe that this market is most certainly and an uptrend.
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USD/CAD fell during the session on Monday, pulling back from the 1.09 handle. This area of course is going to be somewhat resistive simply based upon the fact that we have recently been so parabolic.
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The GBP/USD pair fell hard during the session on Monday, as the 1.65 level offered quite a bit of resistance yet again.
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Check out the weekly signal for the AUD/USD pair here.
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For the third week in a row, the XAU/USD pair settled higher than opening. The XAU/USD pair traded as high as 1248.85 as the American dollar lost some strength after economic data out of the United States came out weaker than expected.
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The WTI Crude Oil markets rose during the session on Friday, but as you can see the markets gave back quite a bit of gains by the time the market close. This is probably because of the nonfarm payroll numbers come out so weak.
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