Oil has become volatile and indecisive but still maintain above $41 psychological area. Oil price declined as the U.S. and China relation turns worse.
Gold has become non-volatile and impulsive after bouncing from $1700 area. Gold may break above the psychological level $1750 area.
Gold has become quite non-volatile and impulsive after bouncing from $1700 area. Gold broke above $1750 area, can the bullish trend continue further.
Gold became volatile $1700 as the price had a bullish daily close above the $1695 support levels. Therefore the bullish price action becomes questionable.
Gold rising higher after U.S. China Historic Trade Deal as official signing of Trade Pact 1 is done. Gold may head higher towards $1600 area.
The US and China will sign the first phase of a trade deal that will include roughly $200 billion in Chinese purchases of American goods and services.
Trade optimism allowed the EURUSD to regain its balance in the fourth quarter. Here is the EURUSD Fundamental Analysis of 31 December, 2019.
GBPUSD remains in the spotlight for the fifth consecutive day. Here is the GBPUSD Fundamental Analysis of 30 December, 2019.
GBPUSD remains slightly positive below its usual level. The Irish bridge gets acceptance.Here is the GBPUSD Fundamental Analysis of 27 December, 2019.
Euro barely moved at $ 1.10905, while risk-sensitive currencies between the US and China. Here is the EURUSD Fundamental Analysis of 26 December, 2019.