Market Technical Analysis – EUR/USD, EUR/JPY, GOLD

Video Topics

• Missile attack helped save heaven assets. Gold advanced sharply making new mid-term high. Before the NFP the price is kept relatively high with a potential for a further upswing. The closest target is the 1275 USD/oz, where the next important resistance is (dynamic created by connecting recent lower highs)
• EURUSD for the whole week was in a boring sideways trend and we all are waiting for the NFP to bring some volatility in our lives. Price being inside of a sideways trend is always a good opportunity for the breakout traders so ahead of the NFP they have to be extra sharp.
• EURJPY is defending a long-term up trendline. So far we do have three long tails but the pressure rises and the breakout is very probable. Price making a lower low here will be definitely a sell signal and a very important one.