Australian Economy Adds New Jobs, Unemployment Rate Retreats
The Australian labor market continued to grow in July, as employers increased job creation for the fifth consecutive month.
EUR/USD and GBP/USD Forecast
The EUR/USD pair fell initially on Friday, but found enough support underneath the 1.17 level to turn things around and form a hammer.
WTI Crude Oil and Natural Gas Forecast
Thursday saw the WTI Crude Oil market fall significantly, but turned around and form a hammer. Natural gas markets fell initially during the day on Thursday, but found enough support at the $2.85 level to turn around and rally.
USD/JPY and AUD/USD Forecast
The USD/JPY pair fell significantly during the session on Thursday, as a bit of a “risk off” trade has been the case.
S&P 500 and NASDAQ 100 Forecast
The S&P 500 had a very bad day on Thursday, reaching towards the 2430 handle.
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