The WTI Crude Oil market bounced over 1% during the trading session on Tuesday, partly in reaction to the oversold condition that Monday left us in, but also as we went reaching towards the uptrend line.
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The US dollar initially dipped a bit lower at the open on Tuesday, then exploded to the upside as stock traders rallied.
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The S&P 500 rallied a bit during the trading session on Tuesday, breaking above the 2600 level.
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Get the NZD/USD Forex Signal for April 3, 2018 here.
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Get the USD/JPY Forex Signal for April 3, 2018 here.
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Get the EUR/USD Forex Signal for April 3, 2018 here.
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Gold prices rose $15.28 an ounce on Monday as the U.S. dollar and equities weakened after China imposed tariffs on a range of U.S. goods.
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The EUR/USD pair tried to rally initially during the trading session on Monday, but rolled over at the 1.2350 level, and the 50 EMA.
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Bitcoin rallied slightly against the US dollar on Monday but continues to be very soft in general.
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The S&P 500 broke down significantly during the trading session on Monday, clearing to a fresh, new low.
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The US dollar fell significantly during the trading session on Monday, as there was a bit of a “risk off” vibe in the United States.
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