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At mid-day on Wednesday, the USD/JPY currency exchange rate reached above the 139.00 mark and sharply reached 139.50. In the meantime, it was spotted that the 50 and 100-hour simple moving averages are managing to act as support and resistance. Economic Calendar The day will end with a speech of the US Federal Reserve Chairman Jerome Powell at the Brooking Institution in
The 1.1940/1.1960 zone has continued to hold and the GBP/USD remains near the 1.2000 level. Meanwhile, the 50 and 200-hour simple moving averages have revealed that they are not impacting the currency exchange rate. Economic Calendar The day will end with a speech of the US Federal Reserve Chairman Jerome Powell at the Brooking Institution in Washington at 18:30 GMT. On Thursday, note
The EUR/USD currency exchange rate has declined below the combination of the weekly simple pivot point and the 200-hour simple moving average. However, support was eventually found in the 1.0320 level. By mid-Wednesday, the pair had almost recovered to the 1.0400 mark. Economic Calendar Analysis The day will end with a speech of the US Federal Reserve Chairman Jerome Powell at the
At mid-day on Wednesday, the price for gold made an attempt to reach the 1,765.00 level. However, it appeared that the price failed, as it retraced to the 1,755.00 level. The price could resume its surge, if the rate finds support in the combination of the 50, 100 and 200-hour simple moving averages. A potential surge would face resistance in
At mid-day on Wednesday, the USD/JPY currency exchange rate reached above the 139.00 mark and sharply reached 139.50. In the meantime, it was spotted that the 50 and 100-hour simple moving averages are managing to act as support and resistance. A surge above 139.50 is set to encounter resistance in the 200-hour simple moving average and the weekly simple pivot point
The US cryptocurrency lender BlockFi has filed for bankruptcy. The company was listed by FTX as its second largest creditor.
The 1.1940/1.1960 zone has continued to hold and the GBP/USD remains near the 1.2000 level. Meanwhile, the 50 and 200-hour simple moving averages have revealed that they are not impacting the currency exchange rate. If the Pound recovers against the US Dollar, it would have to break the resistance of the 1.2050 level and the 100-hour simple moving average. Higher above,
The EUR/USD currency exchange rate has declined below the combination of the weekly simple pivot point and the 200-hour simple moving average. However, support was eventually found in the 1.0320 level. By mid-Wednesday, the pair had almost recovered to the 1.0400 mark. A potential surge of the Euro against the US Dollar might surge above 1.0400 and aim at the
The CEO of Airbus Guillaume Faury has stated that the supply chains remain complex and he awaits November data to understand the dynamics of deliveries.
Nestle has increased its 2022 sales growth forecast from 8.00% up to 8.50%. In addition, earnings per share are also expected to increase.
The Chairman of Renault Jean-Dominique Senard has stated to Reuters that he was confident that Nissan and Renault would reach an agreement on their future partnership.
The UK airline EasyJet has revealed that early bookings for spring and summer have remained in demand, despite price increases.
QatarEnergy and German ConcoPhillips have signed a new liquefied natural gas deal, which would cover new exports for at least a period of fifteen years.
During Tuesday's European trading hours, stock indices surged. The surge was attributed to speculated COVID-19 measure easing in China.
The price for gold has recently been trading between the support of the 1,740.00 and resistance of 1,760.00 levels. Meanwhile, the commodity has been ignoring the 50, 100 and 200-hour simple moving averages. At mid-day on Tuesday, the price was approaching the 1,760.00 level. Economic Calendar Analysis Starting with Tuesday, the scheduled fundamental events will start to impact the financial markets. At
This week, the USD/JPY currency pair has been finding support in the combination of the previous November low level and the 137.50 level. In the meantime, it has been spotted that the pair is encountering resistance in the 130.00 mark. During the first half of Tuesday's trading, the pair was heading to the support levels. Economic Calendar Starting with Tuesday, the scheduled
The GBP/USD currency pair has found support in the zone near 1.1950. This zone has acted as support and resistance since November 16. Economic Calendar Starting with Tuesday, the scheduled fundamental events will start to impact the financial markets. At 15:00 GMT, the CB Consumer Confidence could impact the US Dollar's value. On Wednesday, various US events are expected to cause market moves.
Despite the high volatility experienced on Monday, the EUR/USD has returned to trade between the 1.0350 and 1.0400 levels. On Tuesday morning, the pair was finding support in the 200-hour SMA and the weekly simple pivot point near 1.0350. On the other hand, resistance was found in the combination of the 50 and 100-hour simple moving averages near 1.0400. Economic Calendar
The price for gold has recently been trading between the support of the 1,740.00 and resistance of 1,760.00 levels. Meanwhile, the commodity has been ignoring the 50, 100 and 200-hour simple moving averages. At mid-day on Tuesday, the price was approaching the 1,760.00 level. A move above the 1,760.00 would not immediately indicate a broader surge, as the level was pierced
This week, the USD/JPY currency pair has been finding support in the combination of the previous November low level and the 137.50 level. In the meantime, it has been spotted that the pair is encountering resistance in the 130.00 mark. During the first half of Tuesday's trading, the pair was heading to the support levels. If the 137.50 level holds, another
The GBP/USD currency pair has found support in the zone near 1.1950. This zone has acted as support and resistance since November 16. If the Pound recovers against the US Dollar, it would have to break the combined resistance of the 1.2050 level and the 50 and 100-hour simple moving averages. Higher above, note that the 1.2100 and 1.2150 levels
Despite the high volatility experienced on Monday, the EUR/USD has returned to trade between the 1.0350 and 1.0400 levels. On Tuesday morning, the pair was finding support in the 200-hour SMA and the weekly simple pivot point near 1.0350. On the other hand, resistance was found in the combination of the 50 and 100-hour simple moving averages near 1.0400. A
The US crypto exchange Bitfront has announced that it would suspend new sign ups, all credit card payments and cease operations. The firm has commented that the shutdown was not associated with the recent misconduct of other exchanges.
The German Ifo economic survey results have revealed that almost all food and toy retailers in Germany intend to increase prices.