The WTI Crude Oil market fell significantly on Monday, reaching towards the $50 level. Natural gas markets fell apart on Monday, reaching towards the $2.88 level again, as we have seen a bit of support in that general vicinity.
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Gold prices fell $8.55 an ounce on Monday as the U.S. dollar’s strength against other currencies weighed on the market.
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The euro rallied a bit during the day on Friday, breaking above the 1.18 level. The British pound initially fell on Friday, but just as we saw on both Wednesday and Thursday, found buyers underneath the 1.34 region.
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The WTI Crude Oil market initially pulled back on Friday, but turned around and form a hammer to show signs of resiliency.
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The US dollar went sideways against the Japanese yen after both rallying and falling during the Friday session. The Australian dollar fell on Friday, but turned around and form a hammer just as it did on Thursday.
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