The Euro broke down rather significantly during the trading session on Thursday, reaching towards the 1.08 level, an area that I had suggested that could be targeted.
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The US dollar has rallied against the Japanese yen during the trading session on Thursday, breaking much higher after getting horrific initial jobless claims.
The FTSE 100 initially tried to rally during the trading session in the futures market on Thursday but as you can see the 5500 level has caused enough resistance
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The USD/INR currency pair is one that does tend to trend for very long moves. We have recently seen the US dollar rally significantly towards the ₹77 level,
Silver markets rallied a bit during the trading session on Thursday as initial jobless claims in the United States came out extraordinarily negative.
Gold markets rallied significantly during the trading session on Thursday, breaking the top of the neutral candlestick from the Wednesday session after the horrific initial jobs claims
The Pound proved to be the most powerful currency against the return of the US dollar gains vs most major currencies.
For three consecutive trading sessions, the EUR/USD pair is under selling pressure pushing it towards the 1.0902 support before returning to stability around the 1.0965 level of in the beginning of Thursday’s trading.
During yesterday's trading, gold prices retreated to the $1570 support and then returned to stability around the $1594 level in the beginning of trading on Thursday, with the return of pressure on the US dollar after another round of US manufacturing data.
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Since the beginning of trading this week, the USD/JPY has been moving in a range between the 108.72 resistance and the 106.91 support and is settling around the 107.15 level in the beginning of trading on Thursday.
AUD/USD: Pivotal point remains at 0.6023
The Euro continues to go back and forth, and I simply think there’s no real directionality to this pair right now.
The US dollar initially tried to rally against the Japanese yen during trading on Wednesday, as we have fallen towards the ¥107 level.
The Australian dollar initially tried to rally during the trading session on Wednesday but gave back the gains to reach towards the 0.6050 level.
The NASDAQ 100 fell hard during the trading session on Wednesday, breaking the bottom of the shooting star that had formed on Tuesday