Blogs

South African Rand on Firm Territory

The Euro broke higher during the trading session on Thursday as we continue to see the Euro gain from the idea of Germany backstopping the entire Union.

The British pound rallied initially during the trading session on Thursday reaching towards the 50 day EMA before pulling back again.

The Australian dollar went back and forth during the trading session, in what has been very choppy trading.

The US dollar initially tried to rally during the day on Thursday but found resistance in the same area that it has more than once, as the ¥108 level continues to be very resilient.

The S&P 500 has gone back and forth during the trading session on Thursday, showing signs of exhaustion.

Donald Trump is signing an executive order looking into policing the social media companies in the United States, and while it may or may not actually produce anything of purpose, the reality is that it did shake the NASDAQ 100 a bit.

Gold markets rallied significantly during the trading session on Thursday to reach towards the $1728 level, and close near that level again.

Silver markets initially tried to rally during the trading session on Thursday but found resistance again at the $18 level.

The bitcoin markets have gone back and forth during the last couple of weeks, and during the session on Thursday, the buyers had more to say.