After making attempts to pass the August high levels near 110.20, the USD/JPY currency exchange rate retreated on Friday. On Monday, the rate traded below the resistance of three hourly simple moving average and the weekly simple pivot point at 109.86. Economic Calendar This week, the rate could be impacted by the release of the US ISM Manufacturing Purchasing
On Monday morning, the GBP/USD currency exchange rate was testing the resistance of the August high level and the 1.3780 mark. In the meantime, the most close by technical support levels were located near the 1.3735 level. Economic Calendar This week, the GBP/USD could be impacted by the release of the US ISM Manufacturing Purchasing Managers Index release on
On Monday morning, the EUR/USD currency exchange rate pierced the August high level near the 1.1800 mark. However, by the middle of the day's European trading the event was not followed up by a surge. Economic Calendar Analysis This week, the EUR/USD could be impacted by the release of the US ISM Manufacturing Purchasing Managers Index release on Wednesday at
On Thursday, the yellow metal's price rose by 110 pips or 0.62%. The commodity breached the 55– and 100– hour simple moving averages during Thursday's trading session. Economic Calendar Analysis XAU/USD short-term forecast All things being equal, the precious metal could continue to trend bullish during the following trading session. The potential target for bulls will be near
The USD/JPY currency pair failed to break the resistance level at 110.20 on Thursday. Economic Calendar USD/JPY short-term review Currently, the exchange rate is trading near a support level formed by the 100– hour simple moving average at 109.89. If the currency exchange rate breaks the support level, a decline towards the weekly pivot point at 109.71 could be
On Thursday, the British Pound fell by 66 pips or 0.48% against the US Dollar. A breakout occurred through the lower boundary of an ascending channel pattern during Thursday's trading session. Economic Calendar GBP/USD short-term review Given that a breakout has occurred, sellers are likely to continue to pressure the exchange rate lower during the following trading session. The potential
On Thursday, the common European currency fell by 30 pips or 0.25% against the US Dollar. The decline was stopped by the 100– hour simple moving average during Thursday's trading session. Economic Calendar Analysis EUR/USD hourly chart's review If the exchange rate breaks the 100– hour SMA support line at 1.1746, a decline towards the 61.80% Fibonacci retracement level at 1.1723
On August 25, the XAU/USD exchange rate fell by 121 pips or 0.67%. The decline was stopped by the 200– hour simple moving average during Wednesday's trading session. Economic Calendar Analysis On Thursday, the US Preliminary GDP could cause a notable reaction in the markets. XAU/USD short-term forecast By and large, the commodity is likely to continue to edge lower
On August 25, the US Dollar surged by 38 pips or 0.35% against the Japanese Yen. The currency pair reversed from a support line at 109.71 during Wednesday's trading session. Economic Calendar On Thursday, the US Preliminary GDP could cause a notable reaction in the markets. USD/JPY short-term review Everything being equal, the exchange rate is likely to continue to trend
On Wednesday, the British Pound surged by 62 pips or 0.46% against the US Dollar. The currency pair breached the weekly resistance line at 1.3750 during Wednesday's trading session. Economic Calendar On Thursday, the US Preliminary GDP could cause a notable reaction in the markets. GBP/USD short-term review All things being equal, the exchange rate could continue to trend higher in
On Wednesday, the EUR/USD currency pair bounced off a support level formed by the 200– hour simple moving average at 1.1729. As a result, the common European currency surged by 43 pips or 0.37% against the US Dollar during Wednesday's trading session. Economic Calendar Analysis On Thursday, the US Preliminary GDP could cause a notable reaction in the markets. EUR/USD hourly
After encountering resistance at the 1,810.00 level, the price for gold began a decline. On Wednesday, the decline had reached the 1,792.40/1,795.60 support zone. Since reaching the zone, the commodity price has been trading sideways in it. Economic Calendar Analysis On Wednesday, US Durable Goods Orders release at 12:30 GMT could cause an adjustment in the value of the US
The USD/JPY dipped to the 109.42 level on Tuesday. With it, the pair confirmed that there is a support zone in the 109.42/109.49 zone. Meanwhile, the recent August high levels have been marked to reveal a resistance zone at 110.15/110.23. In addition, the currency exchange rate continues to ignore the 55, 100 and 200-hour simple moving averages and the
Since the middle of Monday's trading, the GBP/USD has continued to trade between the 1.3700 and 1.3750 levels. On Wednesday morning, the rate was approached by the support of the 55-hour simple moving average near 1.3710 and the 200-hour simple moving average at 1.3740. Economic Calendar On Wednesday, US Durable Goods Orders release at 12:30 GMT could cause
On Tuesday, the EUR/USD found support in the 1.1730 level and afterwards reached the resistance of the 1.1760 mark, which was tested two times. In the meantime, it was spotted that the rate appears to have started to respect the support of the 200-hour simple moving average. Meanwhile, the currency exchange rate appears to be trading in a still not confirmed
The yellow metal passed the resistance zone below the 1,795.00 level in a sharp move upwards. During the surge, the rate passed the 1,800.00 mark and confirmed the 1,795.00 level as support. Since the surge at mid-day on Monday, the commodity price has been trading sideways around the 1,805.00 level. Economic Calendar Analysis On Wednesday, US Durable Goods Orders release at
Despite passing the resistance of the 110.00 level, the USD/JPY currency exchange rate did not surge to the weekly R1 at 110.32. Instead, the pair bounced off the 110.15 level and declined, ignoring all technical support levels. Namely, the 55, 100 and 200-hour SMAs, the weekly simple pivot point and the lower trend line of a channel up pattern
The recovery from the support of the 1.3600 mark broke one resistance level after another. However, by the middle of Tuesday's European trading hours, it appeared that the GBP/USD had ended its surge. Namely, the rate had bounced off the 1.3750 mark and declined to 1.3700. Economic Calendar On Wednesday, US Durable Goods Orders release at 12:30 GMT
The surge of the EUR/USD managed to pass the resistance of the weekly simple pivot point at 1.1723 and the 200-hour simple moving average near 1.1730. Moreover, the rate reached the 1.1750 level before slightly declining on Tuesday morning. Economic Calendar Analysis On Wednesday, US Durable Goods Orders release at 12:30 GMT could cause an adjustment in the value of
The DUK+/EUR currency exchange rate has continued to decline. On August, the DUK+/EUR asking price touched the 1.6000 level. Afterwards, a recovery followed up. Since the recovery, the rate has been fluctuating near the 2.0000 mark. In the meantime, large clusters of buy and sell orders appeared to be gone. There were noteworthy sell orders at 1.9900 and buy orders at
Since August 18, the yellow metal's price has been fluctuating between the support of the 1,775.00/1,777.00 zone and the resistance of the 1,792.00/1,796.00 levels. Meanwhile, the commodity price was ignoring the 55 and 100-hour simple moving averages that were located between the mentioned zones. Economic Calendar Analysis On Wednesday, US Durable Goods Orders release at 12:30 GMT could cause an
The USD/JPY passed the supporting trend line of the channel up pattern, which guided the rate since August 15. However, the 100-hour simple moving average almost immediately provided the pair with additional support. Afterwards, the rate returned to trading in the borders of the channel. Economic Calendar On Wednesday, US Durable Goods Orders release at 12:30 GMT could cause an
The decline of the GBP/USD recovered after reaching the 1.3600 level. By the middle of Monday's European trading hours, the currency exchange rate had recovered to the 1.3660 level. In addition, analysts have spotted a new channel down pattern on the pair's hourly candle chart. Economic Calendar On Wednesday, US Durable Goods Orders release at 12:30 GMT could
At the start of this week's trading, the EUR/USD currency exchange rate passed the resistance of a channel down pattern. The pattern had guided the rate down since August 13. During the early hours of Monday's trading, the pair reached and bounced off the resistance of the weekly simple pivot point at 1.1723 and reached the support of a 61.80% Fibonacci