Gold prices ended a choppy, two-sided trading session slightly lower yesterday, but ultimately found support just above the 1277.35-1276 area.
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Get the NZD/USD Forex signal for June 5, 2017 here.
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Get the USD/JPY Forex signal for June 5, 2017 here.
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The EUR/USD pair had a very positive session during the day on Friday, bouncing off of the 1.12 level and continuing to go much higher after that.
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The WTI Crude Oil market initially fell during the session on Friday, testing the $47 level. Natural gas markets fell during the Friday session, testing the $3 level.
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The S&P 500 had a very interesting session on Friday, as we initially sold off, but then exploded to the upside after a very poor jobs report.
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The USD/JPY pair initially tried to rally on Friday but found enough resistance above at the 111.50 area to turn around and fall significantly.
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Get the USD/CAD Forex signal for June 5, 2017 here.
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Get the USD/CHF Forex signal for June 5, 2017 here.
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Get the GBP/USD Forex signal for June 5, 2017 here.
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Get the EUR/USD Forex signal for June 5, 2017 here.
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Our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for June 5, 2017
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The gold market was rather volatile last month. Prices dropped to the critical $1215 level, the confluence of a horizontal support and a medium-term bullish trend line, but ultimately found strong support there to climb all the way back to the $1271.50-$1269 area, leaving a long lower shadow on the monthly candle.
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Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of June 5, 2017.
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