Analityka

The FOMC meeting will be the highlight of the week

As a result of the last meeting, the ECB decided to reduce the interest rate by 0.1% and  resume the stimulus measures to maintain a weakening EU economy.  

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 on Friday maintains positive dynamics, reacting to the results of the ECB meeting held on the eve.  

XAUUSD

Gold lost most of the gains recorded on Thursday amid positive news about trade talks between the US and China.    

XAUUSD

Safe-haven demand triggered a gold rally to 1524, however, the yellow metal had to return back to 1500 afterwards.

GBPUSD

The ECB decision made the pound dip below 1.2300, however, the cable managed to correct up to 1.2360 afterwards.