Analytics

We are following the outcome of Bank of Japan and Bank of England meetings this week

ECB and Federal Reserve Board meeting, UK parliamentary elections and the US-Chinese trade negotiations - market reaction

Analysis method - “Trend Potential”

XAUUSD

Analysis method - “Gann Swings + Price Action”  

USDJPY

Analysis method - “Trend Potential”  

GBPUSD

Analysis method - “Gann Swings + Price Action”

EURUSD

At the European trading session, the EUR / USD pair shows a slight correctional decline, after a strong increase in quotations at the Asian trading session. 

Gold

Gold is being traded bidirectionally today. 

GBP / USD pair soared today by 2.4% and is trading near 1.35 (the highest since May 2018) on reports of the Conservative party winning the UK election.

XAUUSD

A deal in between the US and China boosted risk-on mood and made gold leave multi-week highs.