Market Focus: Gold
Today’s Video Report
We take a look at today’s price action in the Asian and early European sessions on the EUR and GBP to the JPY and USD. The Yen has seen solid demand so far today with the EUR and GBP making declines. Last week, the EURJPY breakout had seen some decent pressure, the GBPJPY has started to come back to last week’s demand area and the AUDJPY has just started to break its medium-term trend.
We finish with Gold as buyers continue to look interested at this stage after Friday’s fightback session. We run over the price action we’re watching on the D1 chart and what we would like to see, to give us a clear idea of whether buyers are holding momentum.
Market Analysis Video