Analytics

GBPUSD

GBP / USD is trying to recover after a strong decline on Thursday, taking advantage of good statistics on GB retail sales.

Cryptocurrencies

Analysis method - “Trend Potential”

We are at the end of the week at Friday's trading session and are looking at the FX performance. 

EURUSD

Unexpectedly, long-expected report on retail sales, which was published with a delay due to the suspension of the US government at the year start, showed a sharp drop in retail sales in December, by 1.2%.

XAUUSD

Yesterday gold traded somewhat mixed and volatile, but eventually ended the day with a slight gain. 

GBPUSD

Analysis method - “Trend Potential”

GBPUSD

Analysis method - “Gann Swings + Price Action”

EURUSD

Analysis method - “Gann Swings + Price Action”

The market situation is somewhat reminiscent of deja vu, global markets are again in a sea of green in the first half of the day, supported by positive sentiment about the US-China trade negotiations, and after Bloomberg reports that the US is considering extending the 60-day truce period for China after 1 Martha.

Cryptocurrencies

Crypto market is following the same well-known pattern since the markets gains some ground and then moves into adjustment.