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
At mid-day on Friday, the GBP/USD started to find support in the 1.3660 level. On Monday, the rate bounced off the support level and began a surge. The surge passed the resistance of the 55, 100 and weekly simple pivot points from 1.3675 to 1.3690. Next target for the surge was the 200-hour simple moving average near 1.3720.
On Monday morning, the EUR/USD found support in the low level of September 22 at 1.1685. In addition, the weekly S1 simple pivot point of this week was located at this level. Near term future forecast scenarios were based upon whether or not the support holds. Economic Calendar Analysis On Monday, a slight move on all USD assets could be
The yellow metal's price booked a new recent low level on Thursday, as it shortly traded at the 1,738.40 level. However, a recovery followed the piercing of the 1,740.00 mark. 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 GMT. On
On Friday, the USD/JPY currency exchange rate passed the resistance of the 110.40 level, which was strengthened by the weekly R1 simple pivot point. Moreover, the rate reached above the 110.50 mark. 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 12:30 GMT.
On Friday, the GBP/USD currency exchange rate declined. The decline started on Thursday when the Bank of England caused surge ended at the 200-hour simple moving average at the 1.3750 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 12:30
On Friday morning, the EUR/USD currency exchange declined, as it had bounced off this week's high zone that surrounds the 1.1750 level. 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 GMT. On Thursday, at the same time as the US
After making four attempts to pass the resistance of the 200-hour simple moving average and even piercing it during the Federal Reserve caused volatility, on Thursday, the yellow metal's price plummeted to the 1,750.00 mark. Economic Calendar Analysis On September 22, the US Federal Reserve Federal open Markets Committee published its Economic Projections and Statement in addition to the Federal Funds Rate.
First of all, the surge of the USD/JPY has reached above the 110.00 level. Second, the rate reached the September 13 and 14 high level at 110.15 at the start of Thursday's US trading. The near term future was dependent on what would happen at the high level. Economic Calendar On September 22, the Bank of Japan published its Monetary Policy
The GBP/USD did not even start an attempt at testing the support levels that are located from 1.3608 to 1.3574. Instead, in the aftermath of the Federal Reserve announcing its monetary policy, the rate began a surge. Moreover, the surge was fuelled on Thursday by the Bank of England's monetary announcements. By mid-day on Thursday, the rate had reached above
The release of the US Federal Reserve Meeting Minutes caused volatility, which eventually lead to a decline below the 1.1700 mark. The decline was stopped by the weekly S1 simple pivot point at 1.1686. Afterwards, at midnight to Thursday, the pair began a recovery. By the middle of the day, the recovery had reached the combined resistance of the
Since the middle of Tuesday's trading hours, the price for gold has been kept down by the combined resistance of the 200-hour simple moving average and the 1,781.00/1,783.00 zone. Economic Calendar Analysis On Wednesday, the top event of all macroeconomic events will occur. The US Federal Reserve Federal Open Market Committee is going to publish their Economic Projections, Statement and the Federal
On Wednesday morning, the USD/JPY currency pair bounced off the resistance of the 109.60 level. Previously, during night hours, the rate ended a decline by finding support in the September and August low level at 109.12. In the near term future, the rate had two possible scenarios. The pair could either pass the resistance of the 109.60 zone or bounce
At midnight to Wednesday, the GBP/USD encountered and bounced off the combined resistance of the weekly S1 simple pivot point at 1.3676 and the 55-hour simple moving average at 1.3680. Afterwards, the rate began a step by step decline, which had no technical support as low as 1.3808. Economic Calendar On Wednesday, the top event of all macroeconomic events will