"The distribution between the buy and sell orders have narrowed and they are at 56% and 44% respectively. Most likely that the pair will not change in value dramatically; although, the closest resistance for it is located at 120.93 (monthly R1). At the same time, if the selling pressure continue to increase a decline could be limited by the closest
"Opened positions for Gold stay positive (59% bullish / 41% bearish). It is possible that Gold will advance in price, with the closest resistance for it located at 1,202 and is represented by 55-day SMA and the monthly R1. At the same time, the probability of a downside movement exists as well, while for that purpose the closest support is
"Pending orders in 100-pip range from the current market price are positive (51% bullish / 49% bearish). It is likely that the pair will increase in price, with the closest resistance for it located at 1.2339 and is represented by the monthly S1 and weekly pivot point. At the same time, the downward movement is possible as well, while for
"Pending orders in 100-pip range are strongly bearish with 67% of them set to sell. Therefore, a decrease in value is likely, the closest support is placed at 1.5518 and it is represented by weekly S1. Meanwhile, an advance remains a possibility, while for that purpose the closest resistance is the weekly pivot point and 55-day SMA that are located
"The distribution between the buy and sell orders have narrowed and they are at 54% and 46% respectively. Most likely that the pair will not change in value dramatically; although, the closest resistance for it is located at 122.88 (weekly R1). At the same time, if the selling pressure increases a decline could be limited by the closest support that
"Opened positions for Gold stay positive (61% bullish / 39% bearish). It is likely that Gold will increase in price, with the closest resistance for it located at 1,202 and is represented by 55-day SMA and the monthly R1. At the same time, the downward movement is possible as well, while for that purpose the closest support is placed at
"Pending orders in 100-pip range from the current market price are negative (33% bullish / 67% bearish). It is likely that the pair will increase in price, with the closest resistance for it located at 1.2339 and is represented by the monthly S1 and weekly pivot point. At the same time, the downward movement is possible as well, while for
"Pending orders in 100-pip range are strongly bearish with 66% of them set to sell. Therefore, a decrease in value is likely, the closest support is placed at 1.5590/67 and it is represented by this year's low and weekly S1. Meanwhile, an advance remains a possibility, while for that purpose the closest resistance is the weekly pivot point that is
"The distribution between the buy and sell orders has widened considerably as they are at 36% and 64% respectively. Most likely that the pair will not change in value dramatically; although, the closest resistance for it is located at 120.77 (weekly R3). At the same time, if the selling pressure increases a decline could be limited by the closest support
"Pending orders in 100-pip range from the current market price are negative (30% bullish / 70% bearish). It is likely that the pair will increase in price, with the closest resistance for it located at 1.2447 and is represented by the weekly pivot point and 20-day SMA. At the same time, the downward movement is possible as well, while for
"Opened positions for Gold stay positive (58% bullish / 42% bearish). It is likely that Gold will increase in price, with the closest resistance for it located at 1,205 and is represented by 55-day SMA and the monthly R1. At the same time, the downward movement is possible as well, while for that purpose the closest support is placed at
"The distribution between the buy and sell orders is very stable—48% and 52% respectively. Most likely that the pair will not change in value dramatically; although, the closest resistance for it is located at 120.77 (weekly R3). At the same time, if the selling pressure increases a decline could be limited by the closest support that is placed at 119.77
"Pending orders in 100-pip range are strongly bearish with 68% of them set to sell. Therefore, a decrease in value is likely, the closest support is placed at 1.5590/67 and it is represented by this year's low and weekly S1. Meanwhile, an advance remains a possibility, while for that purpose the closest resistance is the weekly pivot point that is
"Opened positions for Gold remain positive (57% bullish / 43% bearish). It is likely that Gold will increase in price, with the closest resistance for it located at 1,205 and is represented by 55-day SMA and the monthly R1. At the same time, the downward movement is possible as well, while for that purpose the closest support is placed at
"Pending orders in 100-pip range from the current market price are negative (29% bullish / 71% bearish). It is likely that the pair will increase in price, with the closest resistance for it located at 1.2339 and is represented by the monthly S1. At the same time, the downward movement is possible as well, while for that purpose the closest
"The distribution between the buy and sell orders is quite stable—44% and 56% respectively. Most likely that the pair will not change in value dramatically; although, the closest resistance for it is located at 119.77 (weekly R2). At the same time, if the selling pressure increases a decline could be limited by the closest support that is placed at 119.23/11
"Pending orders in 100-pip range are strongly bearish with 68% of them set to sell. Therefore, a decrease in value is likely, the closest support is placed at 1.5585/67 and it is represented by this year's low and weekly S1. Meanwhile, an advance remains a possibility, while for that purpose the closest resistance is the weekly pivot point that is
"Opened positions for Gold are positive (59% bullish / 41% bearish). It is likely that Gold will increase in price, with the closest resistance for it located at 1,205 and is represented by 55-day SMA and the monthly R1. At the same time, the downward movement is possible as well, while for that purpose the closest support is placed at
"Pending orders in 100-pip range from the current market price are positive (54% bullish / 46% bearish). It is likely that the pair will increase in price, with the closest resistance for it located at 1.2447 and is represented by the weekly pivot point and 20-day SMA. At the same time, the downward movement is possible as well, while for
The British Pound added 0.5% against the US Dollar yesterday, prolonging its weekly gain. Yesterday's movements were mostly dictated by the manufacturing data that were released in UK and US. The US manufacturing sector growth slowed in November to its lowest rate since January, while indicators of new orders and output also declined to their lowest levels since the beginning
The USD/JPY cross fell 0.31% in the first day of the week; however, it managed to set a new this year's high. Japan's manufacturing sector has not been the most influential to the currency; although, it still played relatively important role in the currency pair's development, since not many news related to USD/JPY was released. Japan's manufacturing sector continued to
During first day of the new working week, the single currency posted a 0.14% daily gain versus the American dollar. Alongside, the bloc's currency rose 0.32% and 0.06% against the Aussie and Swiss franc. On the other hand, it lost value versus other major currencies on the market. Factory output of the Euro zone's top economies: Germany, France and Italy,
On Monday, Gold was one of the best-performing commodities on the market, as it advanced as much as 3.83% over the trading day. Along with that, Crude and Brent oil gained 4.31% and 3.41%, respectively, while silver surged 6.53%. From another side, natural gas slipped 1.98% and was the only commodity to register a fall in price yesterday. The Gold trimmed
On Friday the US Dollar rebounded 0.8%, after falling for three straight days against the Japanese currency. This price move could come as a surprise since on Friday were not released any data that could favor the Greenback; however, the overall bullish bias towards the pair pushed it higher. Nonetheless, if there were no major data on Friday, then there