The DUK+/ERU did not bounce off the upper trend line of the channel down pattern, which guided the rate since late July. Namely, the pair passed the trend line, as it traded almost flat. However, note that since the last review, the rate has surged to the 1.7100 level instead of remaining below a sell order cluster at 1.6900. Daily Candle
The resistance zone that is located below the 1,765.00 mark, failed to keep the price of gold down. Late on Monday, the price reached above the resistance zone and touched the 1,770.00 level. The 1,770.00 mark provided resistance and caused a retracement down. Economic Calendar Analysis On Tuesday, the US ISM Services PMI at 14:00 GMT could impact the value of
On Tuesday morning, the USD/JPY was located between the support of the 55 and 200-hour simple moving averages near 111.05 and the resistance of the weekly simple pivot point at 111.24 and the 100-hour SMA at 111.35. Economic Calendar On Tuesday, the US ISM Services PMI at 14:00 GMT could impact the value of the US Dollar and all USD
On Monday, the surge of the GBP/USD reached above the resistance zone that is located below the 1.3600 mark and the 200-hour simple moving average. However, after the surge, the pair retraced back down and up to Tuesday's European morning the rate traded above the mentioned technical levels. Economic Calendar On Tuesday, the US ISM Services PMI at 14:00
The EUR/USD recovery found resistance in the 1.1640 level on Monday. Afterwards, a decline began, which during the Tuesday morning hours had reached below the support of the 100 and 55-hour simple moving averages. Moreover, the pair had reached below the 1.1600 mark. Economic Calendar Analysis On Tuesday, the US ISM Services PMI at 14:00 GMT could impact the value
Since September 30, the yellow metal's price has been testing the resistance of the last week high zone at 1,761.10/1,765.00. Meanwhile, support is being provided by the 55 and 200-hour simple moving averages and the 1,750.00 mark. Economic Calendar Analysis On Tuesday, the US ISM Services PMI at 14:00 GMT could impact the value of the US Dollar and all USD
The bounce off from the 112.00 mark has turned into a proper decline, as on Friday the USD/JPY currency exchange rate reached the 111.00 level. On Monday, the rate had paused the decline, as the support of the 200-hour SMA was approaching the pair. Meanwhile, resistance levels were spread out from 111.24 to 111.44. In the near term future, a
The GBP/USD recovery passed the resistance of the 55-hour SMA and the 100-hour SMA on Friday. On Monday, the rate paused the surge. After a short investigation, it was discovered that the July low level zone of 1.3575/1.3790 was providing resistance. In the meantime, the 200-hour SMA had approached and strengthened the resistance zone. In addition, the 55 and
The EUR/USD currency exchange rate on Monday morning found support in the 55-hour simple moving average at 1.1590 and surged. Moreover, the resistance of the 1.1600 level was ignored. Economic Calendar Analysis On Tuesday, the US ISM Services PMI at 14:00 GMT could impact the value of the US Dollar and all USD currency exchange rates. The event has moved
The yellow metal has clearly broken the resistance of the channel down pattern. It occurred in a sharp four hour jump, which also passed the resistance of the 55, 100 and 200-hour simple moving averages. Eventually, the metal's price was stopped by the 1,765.00 level's resistance. On Friday, the pair traded sideways around the 200-hour SMA and the 1,755.00 level. Economic Calendar
The USD/JPY made three attempts to pass the 112.00 level before bouncing off it. At mid-day on Friday the rate had declined and almost reached the 111.00 level. Economic Calendar On Friday, at 14:00 GMT a notable move could be created by the US ISM Manufacturing PMI results. The event has caused 9.3 to 19.4 pip moves. On Tuesday, the
The GBP/USD found support on Wednesday and Thursday above the 1.3400 level. The support zone has been marked on the hourly candle chart. After finding support, the pair surged to the resistance of the 55-hour simple moving average and the 1.3500 level. These levels provided resistance and the 55-hour SMA began to push the rate down. By the middle
The decline of the EUR/USD resumed on Thursday. However, it immediately found support in the 1.1563/1.1568 zone. The zone held the pair up from 10:00 GMT up to 01:30 GMT, when a recovery appeared to have started. During the early hours of Friday's trading hours, the currency exchange rate was approaching the resistance of the 1.1600 level, which could be soon
The DUK+/EUR exchange rate has been trading almost sideways near the 1.7000 mark since the dip below 1.6000 on September 22. Meanwhile, the rate was approaching the resistance line of the channel down pattern, which had guided the rate's decline since late July. Daily Candle Chart Market Depth Market Depth reveals, where traders have set up buy and sell orders. The up to
The yellow metal pierced the upper trend line of the channel down pattern on Wednesday. However, the 55-hour simple moving average almost immediately provided resistance and caused a drop of the metal's price. The drop shortly reached below the 1,725.00 before the price began to recover. On Thursday, the bullion retraced back to the previously pierced upper trend line of the
After breaking the channel up pattern, the USD/JPY declined. However, the decline was short, as the pair found support in the 55-hour simple moving average. The SMA provided enough support to cause a surge, which reached the 112.00 level. By the middle of Thursday's trading, the currency exchange rate fluctuated sideways below the 112.00 mark. Economic Calendar On Thursday, at the same
The decline of the GBP/USD eventually stopped on Wednesday. Namely, the rate found support in the 1.3415 level and retraced back up to the weekly S3 simple pivot point at 1.3463. Up to early hours of Thursday's trading, the pair fluctuated sideways in the 1.3415/1.3463 zone. Economic Calendar On Thursday, at 12:30 GMT the US GDP, the US weekly
At mid-day on Wednesday, the EUR/USD plummeted, as it passed one weekly simple pivot point after another until it found support in the 1.1590 level. By Thursday's European morning hours, the rate had been consolidating by trading sideways between the 1.1590 and 1.1610 levels. Economic Calendar Analysis On Thursday, at 12:30 GMT the US GDP, the US weekly Unemployment Claims
The yellow metal's price has passed below previous September low levels. On Tuesday, the pair touched a new low level by reaching the 1,730.00 mark. Afterwards, the commodity began a recovery. On Wednesday, the rate had recovered to the 1,740.00 level. Meanwhile, Dukascopy Analytics spotted that the pair has been declining in a channel down pattern since September 23. On Wednesday
Since September 23, the USD/JPY was sharply surging in a channel up pattern. On Wednesday morning, the rate booked a new high level, as it touched the 111.68 level. However, the booking of the new high level was followed by a decline. The decline passed below the lower trend line of the narrow channel up pattern, which captured the rate's
The Tuesday drop of the GBP/USD consolidated during the second part of the day's trading. On Wednesday morning, the pair resumed the decline, as the rate almost touched the 1.3500 mark. Moreover, the pair had no technical support as low as 1.3463, where the weekly S3 simple pivot point was located at. Economic Calendar On Thursday, at the same
First of all, on Wednesday the EUR/USD currency exchange rate reached a new low level, as it almost touched the 1.1650 mark. In addition, the currency exchange rate has revealed a channel down pattern, which has guided it since September 24. Economic Calendar Analysis On Thursday, at the same time as the US GDP, the US weekly Unemployment Claims could
Gold found resistance on Monday in the 1,760.00 level. The event was followed by a decline, which by the middle of the day was approaching the September low level zone from 1,738.25/1,745.40. Economic Calendar Analysis On Monday, a slight move on all USD assets could be caused by the US Durable Goods Orders and Core Durable Goods Orders release at 12:30
On Monday morning, the USD/JPY currency exchange rate found support in the 110.60 level. Afterwards, a surge followed. By the middle of the day's European trading, the rate was aiming at the 111.00 level. Economic Calendar On Monday, a slight move on all USD assets could be caused by the US Durable Goods Orders and Core Durable Goods Orders release at