Analytics

In the middle of the current busy trading week, market sentiment can be defined as mixed. 

Cryptocurrencies

After a small technical correction, the cryptocurrency market expectedly resumed its decline.

USDJPY

USD / JPY pair is still moving generally with a side orientation on the background of new drivers luck in the market for the formation of a trend movement.

Cryptocurrencies

Analysis method - “Trend Potential”

XAUUSD

Analysis method - “Gann Swings + Price Action”

Cryptocurrencies

Analysis method - “Trend Potential”

EURUSD

Analysis method - “Gann Swings + Price Action”

EURUSD

On Tuesday, European currency showed a significant drawdown against the dollar, as Euro lost in price more than 0.6%. 

After the loud Tresa May defeat on the Brexit vote in parliament, which is the worst defeat for the current UK government, there are many other uncertainties in the market, and these uncertainties have more fundamental and  more extensive nature. The slowdown in economic growth in Germany, which means in Europe, the actual decline in exports and imports in China, all this creates risks for the American economy — in this sense, today's retail sales data will be in general market focus.

Cryptocurrencies

Ethereum remained in a downward channel.