NZDUSD is testing the bearish channel’s upside border; XAUUSD is rebounding from Tenkan-Sen and Kijun-Sen, while EURGBP is correcting within the bearish pattern.
Both XAUUSD and NZDUSD are still correcting, while GBPUSD is trading upwards.
AUDUSD is slowly moving close to its local lows – the asset still hopes for a recovery.
EURUSD remains volatile; the asset is very sensitive to any changes in the market sentiment.
Gold may continue the uptrend. Other instruments we’ll mention include EUR, GBP, JPY, CHF, AUD, Brent, and the S&P 500 index.