Market Commentary: AUDUSD EURUSD GBPUSD GOLD OIL
Happy Friday traders, today we run over several markets taking a look at their current price patterns and price action. It’s been a choppy few day’s on the AUDUSD, will we see that continue tonight? The GBP and EUR moved lower to the USD overnight but as we’ve seen in the last two sessions buyers hold some small gains heading to the London open.
Gold is in demand today with buyers controlling the session so far, we look at the supply levels that may come back into play if price retests these areas. Oil is another that remains in a new leg higher, we look at the possible resistance levels that could come into play.
News to watch;
All-day EUR – EU Economic Summit
22:30 AEST CAD – Canadian Core Retail Sales and Retail Sales
Market Analysis Video