Technical analytics

After posting fresh lows at 1254 gold prices pulled back and returned to 1260 dollars per ounce.

Brent opened green on Tuesday. The price bounced from 52.00 and moved upwards. 


DAX opened in the red on Tuesday.

The euro sharply dropped on Friday.

The pound continued its negative trajectory last week. 

Fresh bids around 110.00 helped the US dollar to revert its recent losses. 

Sellers continued to dominate in the market. 

The price bounced from the upper limit of the upward channel at 131.00 and declined to its lower one at 130.00 on Friday

The US dollar extended its recovery last week when the price broke 1.2600 and headed towards 1.2700.

Bulls gave up control on Friday giving the way to sellers.