Analytics

XAUUSD

For the fourth day in a row, gold completes trading in the red zone amid declining demand for safe assets.  

XAUUSD

Hopes that the main central banks will introduce more stimulus soon allowed risk-on sentiment to dominate the market weighing on the precious metal.    

GBPUSD

Boris Johnson confirmed rejection of Northern Ireland-only backstop in meeting yesterday. This news encouraged the pound which set fresh highs after that.

The EUR/USD is stuck in a flat as market participants do not hurry to open deals ahead of the ECB meeting.

Brent

Oil market retains upward vector amid growth of investors’ risk appetite and emerging of positive industry news.

Analysis method - “Trend Potential”  

USDJPY

Analysis method - “Trend Potential”  

XAUUSD

Analysis method - “Gann Swings + Price Action”  

GBPUSD

Analysis method - “Gann Swings + Price Action”  

XAUUSD

A risk-on mood prevailed on Monday, as a result the precious metal hit fresh two-week lows. However, gold sell-off is limited by the market expectations of the further Fed easing.