Analytics

WTI

The oil market is within an upward trend on Monday due to the news from Libya. Libyan State Oil Company "National Oil Corp." reported the day before that the army of General Khalifa Haftar had blocked the main pipeline.

USD/ZAR

Analysis method - “Trend Potential”

USDJPY

Analysis method - “Trend Potential”  

XAUUSD

Analysis method - “Gann Swings + Price Action”

GBPUSD

Analysis method - “Gann Swings + Price Action”  

XAUUSD

Gold maintains a moderately upward-oriented movement vector, as investors doubt the potential success of the interim trade agreement between the United States and China, and fear a trade conflict in the future. 

XAUUSD

The US dollar closed the week on a strong note. 

GBPUSD

The UK Retail Sales disappointed traders and returned speculations of a rate cut. 

EURUSD

Stronger-than-expected US Retail Sales and the demand for US equities supported the greenback on Friday. 

According to analysts at FortFS, despite the Fed’s pigeon rhetorics, USD will still look attractive in 2020.