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The Euro initially fell rather hard during the trading session on Thursday, reaching down to the 1.11 level before turning right back around to show signs of life again.

Bitcoin markets fell during most of the session on Thursday but did find buyers underneath to form a nice-looking hammer.

The WTI Crude Oil market fell rather hard during trading on Thursday, slicing through the uptrend line that of course has been so obvious.

The S&P 500 broke down during the trading session on Thursday, slicing through the uptrend line that I have painted on the chart.

The US dollar fell rather hard against the Japanese yen during the trading session on Thursday, as there was a major risk off move around the world.

Gold markets rallied rather significantly during the trading session on Thursday, breaking above the 200 day EMA, reaching towards the $1285 level before finding plenty of selling.

The recent downward movement of the ounce of gold was consolidated after the release of the US Federal Reserve last meetings minutes

Despite the contents of the latest US Federal Reserve meeting showed the desire of some members of the Banks policy committee to raise interest rates

On Thursday, May 23, 2019, the markets will focus on the release of economic calendar data, which usually result in changes in price movements.

USDJPY: Possibly less bullish as price gets more congested

USDCAD remains trapped in a month-long price range

USDCHF consolidating between 1.0050 and 1.0120

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Risk Disclaimer: DailyForex will not be held liable for any loss or damage resulting from reliance on the information contained within this website including market news, analysis, trading signals and Forex broker reviews. The data contained in this website is not necessarily real-time nor accurate, and analyses are the opinions of the author and do not represent the recommendations of DailyForex or its employees. Currency trading on margin involves high risk, and is not suitable for all investors. As a leveraged product losses are able to exceed initial deposits and capital is at risk. Before deciding to trade Forex or any other financial instrument you should carefully consider your investment objectives, level of experience, and risk appetite. We work hard to offer you valuable information about all of the brokers that we review. In order to provide you with this free service we receive advertising fees from brokers, including some of those listed within our rankings and on this page. While we do our utmost to ensure that all our data is up-to-date, we encourage you to verify our information with the broker directly.