Analytics

EURUSD

Euro erased all its losses yesterday that followed the ECB decision. A buying momentum around the euro should lift this currency to fresh highs now.

Brent

Oil market has closed trading session on Wednesday tumbling more than 2% despite U.S. Energy Department reported substantial draw down in crude stocks ( -6,9 million barrels against the forecast of -2,7 million barrels).

Analysis method - “Trend Potential”  

USDJPY

Analysis method - “Trend Potential”

XAUUSD

Analysis method - “Gann Swings + Price Action”  

GBPUSD

Analysis method - “Gann Swings + Price Action”

EURUSD

The pair EUR / USD recently updated weekly trading lows awaiting the outcome of the ECB meeting. 

XAUUSD

Gold is trading in a narrow range against the backdrop of uncertainty before the ECB meeting at which the regulator is likely to decide on a significant easing of monetary policy. 

XAUUSD

The economy of Germany kept showing weakness, China continued to disappoint and we see signs that the US is also slowing. It is a good buying opportunity for the precious metal. However, the gold short-term dynamics will depend on the future moves of ECB and Fed.

GBPUSD

  The British pound printed fresh lows, but remained in a range, above 1.2300. All eyes are on the ECB's meeting, however, the sterling may ignore it.