After a brief consolidation in a narrow channel 63.50 -63.00 the price caught fresh bids and rallied through 63.50 towards 64.50.


Gold traded mixed on Monday. 


The US dollar met a decent resistance at 113.50.


The pound remained under pressure on Tuesday. 


The euro recovery stalled at the level 1.1800 where the upper limit of the descending channel lies. 

After closing a winning or losing trade, a trader can experience what today is commonly known as a “trader’s block”. In simple words, it refers to the condition when a trader feels blocked and finds very (if not impossible) to open new traders or close the ones you’ve already opened.  

Asian stock indexes were lower on Tuesday as market players prepared for a widely anticipated Federal Reserve monetary meeting.  


DAX traded mixed on Monday. The index started the day on a positive note. 


The EUR/JPY pair caught fresh bids around 132.50. Then a rebound from the handle lifted the spot out of the red


Buyers did not find any reason to push the spot above 153.00 last week.