Gold price so far has held support at $1,292 and has also recaptured $1,300. As long as price is above $1,300-$1,292 support area we could see a move higher towards $1,322 and the next Fibonacci target.

The EUR/USD pair has been moving inside of the horizontal zone just above the 61% Fibonacci retracement at the level of 1.1326, bouncing from 50% Fibonacci retracement at the level of 1.1298 to the local resistance at the level of 1.1344.

The EUR/USD pair is testing the 61% Fibonacci retracement located at the level of 1.1326 and even a local high was made at the level of 1.1338. The Harami candlestick pattern appeared at the top of the wave up, so the bears might be preparing to push the prices lower. Nevertheless, the market is still trading above the orange trendline, so the bulls are temporary in control over the market, so the bears must wait for the trendline to be broken in order to push the price lower towards the level of 1.1285 - 1.1275.

EURUSD: approaching the trend line from 1.1222

Previous:
On Wednesday the 13th of March, the euro rose to 1.1326 against the dollar. I had been anticipating a recovery to 1.1314, but news about Brexit pushed the rate up further to reach 1.1338. Market activity is usually low ahead of closing time, but not yesterday.