The market switched its tone and became negative. 


The GBP/GPY faced upside pressure around 153.00 and pushed away from the handle. 


EUR/JPY bounced from the border of the oversold area and moved higher. 

Another bulls’ attack at 1.2500 was beat off by sellers. 


Market positive mood persisted in the morning. 


NASDAQ remained positive staying around recent highs.

Last Friday, USD dollar closed in the green, recovering from all session losses by the end of the trading day.


In the absence of important economic news, all the attention of market participants is focused on political events taking place in Germany and the United States. 

Since the middle of last month, the US dollar has been trading under pressure; as US currency is declining despite the expectation of strong economic growth, rising inflationary pressures and greater confidence that the Fed will continue to raise interest rates this year.


The XAU/USD pair presented a modest bearish tone in the night and in the morning on Monday.