The British pound skyrocketed during the trading session on Monday to kick off the week, reaching towards the 1.3450 level again.
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The S&P 500 initially shot higher during the trading session on Monday but gave back the gains rather quickly as we see a lot of volatility and concerns as to whether or not stimulus will be a fact of life.
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The NASDAQ 100 rallied significantly during the trading session on Monday to kick off the week on the right foot.
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Gold markets pulled back during the trading session on Monday but seems to be finding buyers just below.
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Silver markets fell during the trading session on Monday to kick off the week, but as you can see, we continue to see support just below the $24 level as we have over the last several sessions.
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Bitcoin markets rallied significantly during the day's trading session, breaking the top of a hammer from the previous session, and using the $18,000 level as a springboard.
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The Australian dollar continues to grind overall as we try to digest the idea of being above the 0.75 handle.
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The US dollar initially fell a bit during the trading session on Monday to break down significantly through the ¥104 level, which is an area that has been massive support extending down to the ¥103.70 level.
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Chance of reaching new long-term high prices.
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The AUD/USD pair has reached its highest level in two years.
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After hitting mid-term price highs in November and sustaining its value going into December, coffee has run into slight headwinds which have produced choppy trading.
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Although the DAX Index was not able to penetrate resistance last week and challenge new highs, the index remains seemingly comfortable within its current value range.
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Speculators have plenty of evidence that technically the USD/ZAR has enjoyed a serious bearish trend mid-term and is testing important support levels.
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During last week’s trading, we noticed a strong struggle between bulls and bears in determining the path for the EUR/USD pair, which closed the week’s trading around the 1.2112 level.
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