The release of the worse than expected US Unemployment Claims and Purchasing Managers Indices caused a decline of the US Dollar during the second part of Wednesday's trading. The worse than expected data signalled to the markets that the Federal Reserve might not hike US interest rates as steeply, as previously thought. Namely, the borrowing costs and with it demand
The release of the worse than expected US Unemployment Claims and Purchasing Managers Indices caused a decline of the US Dollar during the second part of Wednesday's trading. The worse than expected data signalled to the markets that the Federal Reserve might not hike US interest rates as steeply, as previously thought. Namely, the borrowing costs and with it demand
The release of the worse than expected US Unemployment Claims and Purchasing Managers Indices caused a decline of the US Dollar during the second part of Wednesday's trading. The fundamental push was enough to cause a surge of the GBP/USD above the resistance zone near 1.1950. Economic Calendar This week notable events are over. Next week, starting with Tuesday, the scheduled fundamental
Due to a broad decline of the US Dollar, the EUR/USD rate has reached a new high level at 1.0448. At that level, the combined resistance of the 1.0450 mark and the weekly R1 simple pivot point at 1.0446 caused a retracement downwards. By the middle of Thursday's European trading hours, the rate had reached the 1.0400 mark. Economic Calendar Analysis This
Throughout this week, the price for gold has fluctuated between the support of the 1,732.50/1,733.20 zone and resistance at 1,745.30/1,749.60. Meanwhile, for short periods of time the 50-hour simple moving average has managed to impact the price. Economic Calendar Analysis On Wednesday, at 13:30 GMT, the financial markets might react to the US Durable Goods Orders and Unemployment Claims publication. Later on, at
The USD/JPY bounced off the resistance zone at 142.05/142.28 on Wednesday morning and declined to the 141.00 level. During the decline, the pair shortly found support in the 50-hour simple moving average. However, after finding support at 141.00, the rate's follow up recovery encountered resistance in the 50-hour simple moving average and the weekly R1 simple pivot point at 141.43. Economic
The combination of the 50 and 100-hour simple moving averages together with the weekly simple pivot point failed to hold. The levels were passed and started to act as support. During the first part of Wednesday's European trading hours, the GBP/USD was approaching the resistance zone near 1.1950, as the weekly simple pivot point provided support at 1.1876. Economic Calendar On Wednesday,
The EUR/USD has continued to recover, as on Wednesday morning the pair reached above 1.0340. During the ongoing surge it was noted that the 50, 100 and 200-hour simple moving averages could barely impact the currency pair's direction. Namely, the SMAs acted as support or resistance only a couple of hours. Economic Calendar Analysis On Wednesday, at 13:30 GMT, the financial markets
In October, the asking price for Dukascoin was highly volatile in the 1.4000/1.4700 range. However, in October, the volatility was gone, as on some days the price was flat. In the meantime, the bid has been fluctuating between the resistance of 1.4300 and lower low levels. In mid-November, the DUK+/EUR bid rate had shortly reached below 1.3000. Asking price chart
The decline of the price of the yellow metal eventually found support in the 1,732.40 level. The event was followed by a recovery, which by mid-Tuesday had approached the 50-hour simple moving average near 1,747.00. Economic Calendar Analysis On Wednesday, at 13:30 GMT, the financial markets might react to the US Durable Goods Orders and Unemployment Claims publication. Later on, at 14:45 GMT,
The USD/JPY has revealed a resistance zone at 142.05/142.28. By the middle of Tuesday's trading, the pair had declined and appeared to be finding support in the weekly R1 simple pivot point at 141.53 and the 141.50 level. Economic Calendar On Wednesday, at 13:30 GMT, the financial markets might react to the US Durable Goods Orders and Unemployment Claims publication. Later on, at
As the 200-hour simple moving average approached the GBP/USD rate from below, a recovery started. The recent low and the November 17 low level have been marked as a support zone. On Tuesday morning, the pair reached the combined resistance of the 50 and 100-hour simple moving averages near 1.1855/1.1865. Economic Calendar On Wednesday morning, at 09:30 GMT, the UK Flash Manufacturing
The EUR/USD has found support in the 1.0223/1.0226 range. This range provided enough support for the pair to reach above 1.0250. On Tuesday morning, the currency exchange rate was heading to the 50 and 200-hour simple moving averages near 1.0290/1.0300. Economic Calendar Analysis The Euro's value might adjust to the Wednesday's publication of the European Services and Manufacturing Purchasing Managers Indices in
The price for gold has declined below the combination of the 1,750.00 mark and the 200-hour simple moving average. By the start of Monday's US trading hours, the commodity price had almost reached the 1,735.00 level. Economic Calendar Analysis On Wednesday, at 13:30 GMT, the financial markets might react to the US Durable Goods Orders and Unemployment Claims publication. Later on, at 14:45
On Monday, an all out US Dollar's surge occurred. On the USD/JPY chart it resulted in a surge to the 142.00 level, which acted as resistance. Economic Calendar On Wednesday, at 13:30 GMT, the financial markets might react to the US Durable Goods Orders and Unemployment Claims publication. Later on, at 14:45 GMT, the Markit Services and Manufacturing Purchasing Managers Indices for the
The 1.1950 eventually provided enough resistance for the GBP/USD pair to decline. On Monday, the pair was finding support in the 1.1800 mark. Economic Calendar On Wednesday morning, at 09:30 GMT, the UK Flash Manufacturing and Services PMIs might impact the pair through an adjustment of the Pound's value. On Wednesday, at 13:30 GMT, the financial markets might react to the US Durable
On Monday, the EUR/USD passed below the 200-hour simple moving average near 1.0280, the 1.0250 mark and the weekly S1 simple pivot point at 1.0236. Economic Calendar Analysis The Euro's value might adjust to the Wednesday's publication of the European Services and Manufacturing Purchasing Managers Indices in the span from 08:15 up to 09:00 GMT. On Wednesday, at 13:30 GMT, the financial markets
The support of the 50-hour SMA eventually failed to push the commodity price through the resistance of the 1,784.20/1,786.60 zone. On Thursday morning, the follow up decline passed below the 1,766.15/1,768.30 range and the 100-hour simple moving average. Economic Calendar Analysis Next week, the Euro's value might adjust to the Wednesday's publication of the European Services and Manufacturing Purchasing Managers Indices in
On Thursday morning, the USD/JPY rate was reached by the additional resistance of the 100-hour simple moving average near 139.60. Economic Calendar Next week, the Euro's value might adjust to the Wednesday's publication of the European Services and Manufacturing Purchasing Managers Indices in the span from 08:15 up to 09:00 GMT. On Wednesday, at 13:30 GMT, the financial markets might react to the
Since Tuesday, the GBP/USD currency exchange rate has been pushed up by the 50-hour simple moving average. The SMA has been strong enough to force the rate through the resistance of the 1.1900 mark. Economic Calendar Next week, the Euro's value might adjust to the Wednesday's publication of the European Services and Manufacturing Purchasing Managers Indices in the span from 08:15 up
The situation on the EUR/USD charts remains almost unchanged. On Thursday, the 100-hour simple moving average had caught up with the pair and was acting as support near 1.0350. Economic Calendar Analysis Next week, the Euro's value might adjust to the Wednesday's publication of the European Services and Manufacturing Purchasing Managers Indices in the span from 08:15 up to 09:00 GMT. On Wednesday,
Since early Tuesday's trading hours, the price for gold has been fluctuating between the support of the 1,766.15/1,768.30 zone and resistance at 1,784.20/1,786.60. On Wednesday morning, the commodity was observed to be finding support in the 50-hour simple moving average near 1,770.00. Economic Calendar Analysis This week, the US Retail Sales data release might impact the financial markets through the value of
This week, the USD/JPY currency pair has been mostly located below the 140.00 mark, as on Tuesday the pair even shortly traded below 138.00. Economic Calendar This week, the US Retail Sales data release might impact the financial markets through the value of the US Dollar. The data is scheduled to be published on Wednesday at 13:30 GMT. Hourly Chart A resumption of
In the aftermath of bouncing off the weekly R1 simple pivot point at 1.2026, the GBP/USD found support in the combination of the 1.1800 level and the 50-hour simple moving average. On Thursday morning, the recovery of the pair encountered resistance in the 1.1900 level. It could be clearly observed that round levels impacted the currency pair. Economic Calendar This week, the