Technical analytics

The bullish spike faded right after the 2480 level test. 

The euro started the week on the defensive.

The pound traded in a narrow range 1.3000-1.3050 during the night and morning sessions.

The US dollar traded in a tight range between 111.00 and 110.70 during the Asian session.

The pound remained under pressure on Tuesday flirting with the 144.00 handle.

Monday’s recovery stalled at 130.80. 

The Aussie stays in a short-term downward channel. 

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

DAX opened in the red on Tuesday.