Gold markets tried to rally initially during the trading session on Monday but gave back the gains to form a shooting star.
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Get the NZD/USD Forex signal for April 22, 2019 here.
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Get the USD/JPY Forex signal for April 22, 2019 here.
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Get the USD/CHF Forex signal for April 22, 2019 here.
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The Euro bounces slightly during the trading session on Friday, but of course it was a holiday so there isn’t much in the way of liquidity.
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The US dollar initially tried to rally during the day on Friday but then rolled over again as we continue to see a lot of weakness against the Mexican peso.
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Obviously, the S&P 500 didn’t trade during Good Friday, but we have seen quite a bit of action over the last week that was choppy to say the least, and it’s likely that the market is simply killing time heading into the Easter weekend.
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The US dollar fell a bit against the Japanese yen and then Good Friday trading, but more than that you need to pay attention to the fact that the ¥112 level is crucial.
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The WTI Crude Oil market continues to meander around the $65 level, as we closed out the market on Thursday.
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Gold markets didn't trade on Friday as it was Good Friday, but when we look at the daily chart it’s easy to see that the $1275 level is very important.
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