The WTI Crude Oil market initially tried to rally during the session on Thursday, as we had a stronger than anticipated withdrawal of crude oil inventory announced.
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The EUR/USD pair had a volatile session on Wednesday, as we awaited the FOMC Meeting Minutes. The British pound went back and forth during the session as well, but found enough support at the 1.29 level to turn around and form a bit of a hammer.
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The WTI Crude Oil market fell apart during the session on Wednesday as the Russians say they are not willing to cut production. The natural gas market initially tried to rally, testing the $3.00 level.
The S&P 500 was very volatile on Wednesday as the Federal Reserve release the Meeting Minutes, which essentially set everything that the market new.
The USD/JPY pair went back and forth during the day on Wednesday, as the FOMC Meeting Minutes essentially told us nothing. The Australian dollar also was very volatile during the day as gold slammed around.
Get the NZD/USD Forex signal for July 5, 2017 here.
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The EUR/USD pair did very little during the day on Tuesday as Americans would have been gone for Independence Day holiday celebrations.