In the aftermath of the US Dollar's surge, which was caused by the US employment data release, the USD/JPY found resistance in the 135.50 level. The resistance held and caused a decline. On Monday, the pair found support in the 134.50 level and a zone, which surrounds it. Economic Calendar This week, the top event for all markets will be the US
The US employment data release on Friday caused a drop of the GBP/USD below the support zone near 1.2080 and the 1.2050 level. The pair eventually found support near 1.2000 and recovered. During Monday's trading, the recovery encountered resistance in the 100-hour simple moving average near 1.2130. Economic Calendar This week, the top event for all markets will be the US Consumer
On Friday, at 12:30 GMT, the EUR/USD plummeted due to the very good US employment data, which indicated that the Federal Reserve can hike USD interest rates and cause a decrease in USD supply. The pair plummeted from 1.0240 down to the 1.0140 level. However, since the event the pair has recovered. During the second part of Monday's trading, the
In July, the asking price of the price for Dukascoin has been mostly flat near the 1.5000 mark. An exception to the rule was a dip below 1.4500 on July 28. In addition, from July 30 up to the review on August 5, the DUK+/EUR rate was flat at 1.4900. Meanwhile, the currency exchange rates bid price has been more volatile,
The price for gold has reached above the 1,784.40/1,788.70 zone. Afterwards, resistance was found in the 1,795.00 mark. On Friday morning, the commodity price was finding support in the previous resistance zone, as the 1,788.70 level appeared to be keeping the price up. Economic Calendar Analysis On Friday, one of the top events of the month will take place. At 12:30 GMT,
The Thursday's decline of the US Dollar against the Japanese Yen found ended at midnight below the 133.00 level. During the early hours of Friday's trading, the pair recovered and approached the combined resistance of the 133.50 level and the 50-hour simple moving average. Economic Calendar On Friday, one of the top events of the month will take place. At 12:30 GMT,
In the aftermath of the Bank of England rate hike, the GBP/USD currency rate has returned to trade near the 1.2150 level. In general, it appears that the effect of the 0.50% base rate increase was offset by the fact that one of the policymaker voted against the hike. On Friday, the upper and lower ranges of the recent volatility have
During the second part of Thursday's trading, the EUR/USD currency pair managed to reach above the resistance of the 1.0200 mark and the weekly simple pivot point at 1.0193, and the 200-hour simple moving average. Moreover, the 100-hour SMA failed to act as resistance near 1.0210. On Friday morning, the EUR/USD traded near the 1.0240 level and appeared to be consolidating
The 1,745.00/1,755.00 zone provided enough support to the price to gold for a broad recovery. By 13:30 GMT, the price had managed to reach and bounce off the resistance zone at 1,784.40/1,788.70. Economic Calendar Analysis On Friday, one of the top events of the month will take place. At 12:30 GMT, the US employment data sets are scheduled to be released. The
Since Wednesday's afternoon up to the middle of Thursday's trading, the USD/JPY currency pair was testing the resistance of the 134.50 mark and the weekly simple pivot point at 134.39. By 13:00 GMT, the rate was reached by the 200-hour simple moving average, which acted as resistance. The event was followed by a decline, which pierced the support of the
At 12:00 GMT on August 4, the Bank of England hiked its Official Bank rate by 0.50% from 1.25% up to 1.75%. In addition, the central bank has published its Monetary Policy Summary. The Pound lost value due to the details of the monetary policy summary. Namely, one of the committee members did not vote for the 0.50% rate hike. Instead,
On Wednesday, the EUR/USD dipped to the support of the weekly S1 simple pivot point at 1.0128, which together with the 1.0125 level appears to have caused a recovery. By the middle of Thursday's European trading hours, the pair had recovered and was once again testing the resistance of the 1.0200 level, the weekly simple pivot point at 1.0193 and
On Tuesday, the price for gold eventually reached above the 1,785.00 mark and the 1,786.65 level. However, the short piercing of the resistance levels was followed up by a decline to the 1,755.00 level, which acted as support and caused a minor recovery. By the middle of the day's European trading hours, the commodity price's recovery had found resistance in
On Tuesday afternoon, the USD/JPY currency rate ended trading between 130.50 and 131.00 with a surge. During Wednesday's early trading hours, the pair was fluctuating between the 132.50 and 134.00 levels. Economic Calendar On Wednesday, the US ISM Services PMI at 14:00 GMT might impact the pair through the value of the US Dollar. On Friday, one of the top events of
During the midnight hours from Tuesday to Wednesday, the GBP/USD reached and shortly traded below the 1.2150 mark. However, the event was followed by a recovery. During the European morning hours, the rate managed to reach back up to the 1.2200 level. Economic Calendar On Wednesday, the US ISM Services PMI at 14:00 GMT might impact the pair through the value of
The decline of the Euro against the US Dollar has passed below the support of the 1.0200 mark, the weekly simple pivot point at 1.0193 and the 100 and 200-hour simple moving averages. During the early hours of Wednesday's trading, the currency pair confirmed the weekly simple pivot point as resistance. Meanwhile, it was observed that the 1.0160 level was providing
The price for gold has managed to reach above the July resistance zone at 1,771.30/1,773.10. At midnight to Tuesday, GMT hours, the price bounced off the resistance of the 1,780.00 level. During the first half of the day's trading, the price for the metal was fluctuating between the 1,770.00 and 1,780.00 levels. Economic Calendar Analysis On Wednesday, the US ISM Services PMI
The decline of USD/JPY continues, as on Tuesday morning the pair had reached the 130.50 mark. During the first half of the day's European trading hours, the currency pair was fluctuating between the 130.50 and 131.00 levels. Economic Calendar On Wednesday, the US ISM Services PMI at 14:00 GMT might impact the pair through the value of the US Dollar. On Friday,
On Monday, the GBP/USD currency pair encountered resistance in the weekly R1 simple pivot point at 1.2293. Afterwards, a decline followed, which by the middle of Tuesday's trading had reached below the 1.2200 mark. Economic Calendar On Wednesday, the US ISM Services PMI at 14:00 GMT might impact the pair through the value of the US Dollar. On Thursday, the top event
The EUR/USD eventually reached the resistance of the weekly R1 simple pivot point at 1.0290. The pivot point acted as resistance and a decline followed. By the middle of Tuesday's trading, the currency pair had reached the 1.0220 mark, which acted as support. Economic Calendar Analysis On Wednesday, the US ISM Services PMI at 14:00 GMT might impact the pair through the
Despite breaking the channel up pattern, the price for gold surged on Monday morning. Namely, at 10:00 GMT, the rate reached the early July resistance zone at 1,771.30/1,773.10. Economic Calendar Analysis On Wednesday, the US ISM Services PMI at 14:00 GMT might impact the pair through the value of the US Dollar. On Friday, one of the top events of the month
The decline of the USD/JPY has continued, as the 134.50 level provided enough resistance for the pair to resume its decline and reach a new low level. Namely, on Monday morning the rate was trading below 132.50 and was expected to reach 132.00.Economic Calendar On Wednesday, the US ISM Services PMI at 14:00 GMT might impact the pair through the value
In the aftermath of high volatility on Friday, the GBP/USD eventually reduce its range of fluctuations and started to trade between the 50-hour simple moving average near 1.2160 and the 1.2200 mark. On Monday morning, the pair broke the resistance of the 1.2200 mark and approached the 1.2250 level. Economic Calendar On Wednesday, the US ISM Services PMI at 14:00 GMT might
On Monday morning, as the month started, the EUR/USD currency pair pierced the last week's high levels near 1.2060. In the meantime, it was spotted that the pair has been moving upwards in a wide channel up pattern since July 27. However, note that the pattern captures both the US Federal Reserve rate hike and the publication of the US