Fundamental analytics


During Friday trading session the price of gold is down by 0.4%. 

The main focus of investor attention is still chained to the US presidential election. 


In the Asian trading session, the GBP / USD pair slipped by almost 0.3% on the British media reports that the Bank of England may cut interest rates at the upcoming meeting. 


The EUR / USD pair is trading up almost 0.2% today on eased pressure from the US dollar.

All the attention of financial markets is still directed to news from the United States, where the vote counts of the presidential election continue. 


Analysis method - “Trend Potential”  

On Wednesday, Brent and WTI are trading in the green after the publication of unexpectedly very positive data on oil reserves from the API.


At the beginning of the trading day, gold showed a rather significant decline amid concerns about the outcome of the US presidential election. 

The US dollar won back some of Tuesday's lost positions against the euro and other major currencies amid the midterm election results in the United States. 


The GBP / USD pair is growing today thanks to the decrease in pressure from the dollar.