The EUR/USD pair initially fell on Tuesday, testing the 1.17 level. The British pound fell significantly during the session on Tuesday, reaching down to the 1.2850 level.
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The WTI Crude Oil market initially fell on Tuesday again, but found enough support underneath the $47 level to turn around and form a hammer.
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Gold prices ended Tuesday’s session down $10.19 as the dollar strengthened after retail sales recorded their biggest jump in seven months.
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The EUR/USD pair fell slightly during the day on Monday, as we continue to digest gains. The British pound had a slightly negative session on Monday, but continues to find resiliency near the 1.2950 level just below.
The S&P 500 exploded to the upside on Monday, breaking above the 2450 handle. The NASDAQ 100 also bounced during the day, continuing the move that started on Friday.