The EUR/USD pair rallied a bit during the day on Monday, as we look likely to reach towards the 1.17 level above. The British pound rallied during the day on Monday, breaking the top of a hammer.
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The EUR/USD pair broke down on Friday, continuing the nasty looking fall that we had on Thursday.
The WTI Crude Oil market initially fell during the Friday session, but then broke significantly above the $53 level.
The US dollar initially rallied during the session on Friday, but found enough resistance at the 114.50 level.
The S&P 500 rallied during the day on Friday, showing strength at the end of the session, meaning that larger institutional buyers are probably stepping into the market yet again.
Prepare yourself for the gold markets this week with our forecast here.
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See the latest recommendations for the USD/JPY pair using our Forex signal for October 30, 2017 here.
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Check out the GBP/USD Forex signal for October 30, 2017 here.
Check out the daily EUR/USD Forex signal for October 30, 2017 here.
Check out our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for the week of October 30, 2017.
Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of October 30, 2017.