At mid-day on Tuesday, the yellow metal's price bounced off the resistance of the pivot point at 1,773.62 and passed the support of two hourly simple moving averages. In theory, the commodity should look for support in the lower trend line of the previously described channel up pattern. Economic Calendar Analysis The main scheduled macroeconomic data release of the week is bound to
Since the middle of Monday's GMT trading, the USD/JPY has been attempting to pass the resistance of the weekly R1 simple pivot point at 107.78. In the near term future, it was expected that the rate would continue to trade sideways or decline, as the most close by technical support level was near the 107.40 mark. Economic Calendar The main scheduled macroeconomic
The GBP/USD declined, as it was forecast on Monday. The decline reached the support of the weekly S1 simple pivot point at 1.2254 and bounced off it. However, by the middle of Tuesday's GMT trading hours the rate was back at the pivot point. Economic Calendar The main scheduled macroeconomic data release of the week is bound to occur on Thursday, at
The EUR/USD did not reach the resistance of the 1.1300 level. It began a decline before reaching the 1.1290 level. By the middle of Tuesday's GMT trading hours, the currency exchange rate had already declined to the 1.1200 level, which provided support last week. Economic Calendar Analysis The main scheduled macroeconomic data release of the week is bound to occur on Thursday, at
Volatility has returned to the DUK+/EUR currency exchange rate. During the last week, the rate fluctuated between 1.5000 and 1.5200. Daily Candle Chart On the technical chart it can be observed that the 200-day simple moving average is moving higher and could allow the rate to slightly surge. In the meantime, the 55 and 100-day SMAs were providing support at the
The metal's squeeze between the hourly simple moving averages ended with a sharp drop to the lower trend line of a channel down pattern below the 1,750.00 mark. The rate bounced off the trend line and began a surge, which was stopped by the resistance of a monthly pivot point at 1,773.62. Economic Calendar Analysis The main scheduled macroeconomic data release of the
On Friday, the 106.80 USD/JPY currency exchange rate level provided support, which started a surge. By the middle of Monday's trading, the surge had broken resistance of the 107.40 mark. In theory, the rate no longer had any resistance as high as the 107.80 mark. Economic Calendar The main scheduled macroeconomic data release of the week is bound to occur on Thursday,
On Monday, the resistance of the 55-hour SMA and the simple weekly pivot point near 1.2400 provided resistance to the GBP/USD. In the future, the rate was expected to continue the decline. However, the 1.2300 level was providing psychological support. Economic Calendar The main scheduled macroeconomic data release of the week is bound to occur on Thursday, at 12:30 GMT. At that
By the middle of Monday's GMT trading hours, the EUR/USD had broken the resistance of various technical resistance levels from 1.1240 to 1.1255. In regards to the future, the pair was expected to test the psychological resistance of the 1.1300 level. Economic Calendar Analysis The main scheduled macroeconomic data release of the week is bound to occur on Thursday, at 12:30 GMT. At
On Friday, the yellow metal's price got squeezed in between the resistance of the 55-hour SMA and the support of the 100-hour SMA. In the near term future the pair was expected to trade sideways until a breaking of one of the simple moving averages occurs. Economic Calendar Analysis There are no more events scheduled for this week that could impact the yellow
After reaching the resistance of a pivot point at 107.47, the USD/JPY began a decline. By the middle of Friday's GMT trading hours, the USD/JPY had reached below the support of a Fibonacci retracement level at 106.86 and no longer had any technical support as low as 106.56. Economic Calendar There are no more events scheduled for this week, which could impact
The GBP/USD continued to decline on Friday, as it reached a new low level. In the near term future, technical indicators signalled that the currency exchange rate would continue to decline. Economic Calendar There are no more notable events scheduled for this week, which could impact the GBP/USD. 22.06-26.06 Event Historical Reactions GBP/USD short-term review Given that the currency pair is pressured by the
Since the middle of Thursday's GMT trading hours, the EUR/USD has traded near the 1.1220 level. In regards to the near term future, the rate was more likely to decline, as the 55, 100 and 200-hour simple moving averages could provide resistance. Economic Calendar Analysis This week there are no more notable events scheduled that could cause a notable move of the EUR/USD. Take
The yellow metal's price has touched the 1,780.00 level. It is likely that the XAU/USD exchange rate could gain support from the 100-hour moving average and trade upwards in the short run. Economic Calendar Analysis In regards to the metal's price during the week, there are a couple of scheduled macroeconomic data releases that could impact it. Today, macroeconomic data set release from the
The USD/JPY currency pair exceeded the 107.20 level. It is unlikely that some downside potential could prevail in the market, as the pair could gain support from the 200-hour SMA. Economic Calendar During this week, there are a couple of scheduled macroeconomic data releases that could impact the currency exchange rate. On Thursday, macroeconomic data set release from the US could impact
The GBP/USD exchange rate failed to decline below the Fibo 50.00% at 1.2418. It was expected that the rate would decline, as it is pressured by the 55- and 200-hour moving averages near 1.2480. Economic Calendar There are a couple of events, which could impact the GBP/USD currency exchange rate. On Thursday, macroeconomic data set release from the US could impact the
The EUR/USD currency pair declined below the 1.1220 level. It is likely that the pair could gain support from the Fibo 38.20% at 1.1200 and consolidate in the short term. Economic Calendar Analysis In regards to the EUR/USD during the week, there are a couple of scheduled macroeconomic data releases that could impact the currency exchange rate. Today, macroeconomic data set release from
The DUK+/EUR currency exchange rate has remained at the 1.5100 level. Moreover, during the last week it did not make an attempt to surge. Daily Candle Chart On the technical chart it can be observed that the 200-day simple moving average is moving higher and could allow the rate to slightly surge. Meanwhile, this week, additional technical resistance appeared in the
The yellow metal's price has broken the resistance of the 1,740.00/1,745.00 zone. Moreover, on Monday, the zone began to provide support to the commodity price. In regards to the future, the metal is expected to either trade sideways or surge. Economic Calendar Analysis In regards to the metal's price during the week, there are a couple of scheduled macroeconomic data releases that could
The USD/JPY has continued to trade sideways in the range between the 106.80 and 107.00 levels. It was expected by Dukascopy Analytics that the sideways trading would end soon. Economic Calendar During this week, there are a couple of scheduled macroeconomic data releases that could impact the currency exchange rate. On Tuesday, the US Flash Manufacturing PMI survey results will be
On Monday, the GBP/UDS was trading below the resistance of a 50.00% Fibonacci retracement level and the 55-hour SMA at 1.2420. It was expected that the rate would decline, as soon as additional resistance is provided by the 100-hour simple moving average. Economic Calendar There are a couple of events, which could impact the GBP/USD currency exchange rate. On Tuesday, the UK
The EUR/USD started the week with a rebound, which was about to meet with various resistance levels from 1.1230 to 1.1245. In the future, the pair was expected to either trade sideways or decline to 1.1200. Economic Calendar Analysis In regards to the EUR/USD during the week, there are a couple of scheduled macroeconomic data releases that could impact the currency exchange rate.
On Thursday, the XAU/USD exchange rate re-tested the lower line of the medium-term ascending channel. From a theoretical perspective, it is likely that some upside potential could prevail in the market. Economic Calendar Analysis In regards to the metal's price during next week, there are a couple of scheduled macroeconomic data releases that could impact it. On Tuesday, the US Flash Manufacturing PMI survey
On Thursday, the USD/JPY currency pair tried to exceed the resistance provided by the 55-hour SMA. If the given resistance holds, it is likely that some downside potential could prevail. Economic Calendar In regards to the USD/JPY during next week, there are a couple of scheduled macroeconomic data releases that could impact the currency exchange rate. On Tuesday, the US Flash