The EUR/USD bounced off the resistance of the 1.1750 level on Tuesday. By the middle of Wednesday's trading hours, the rate had been fluctuating between the 1.1720 level and the 1.1740 level. Meanwhile, the rate was being approached by the resistance of the 100-hour simple moving average from above. Economic Calendar Analysis On Wednesday, the top event of all macroeconomic
Since September 15, the DUK+/EUR currency exchange rate stood at a cluster of sell orders at the 1.7400 mark. Meanwhile, there were no buy orders for the cryptocurrency as low as the 1.4700 mark. In addition, the rate remained in a channel down pattern, which has guided the pair since July 20. Daily Candle Chart Market Depth Market Depth reveals, where traders
On Tuesday, the yellow metal's price reached the resistance of the 200-hour simple moving average and the previous September low level zone at 1,781.00/1,783.00. 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 Funds Rate. On Thursday, Markit
By the start of Tuesday's US trading, the USD/JPY currency exchange rate had reached the 109.20 level. The next target for the decline appeared to be the September and August low levels at 109.12. Economic Calendar 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
At mid-day on Tuesday, the GBP/USD reached below the 1.3650 level. Due to that reason the rate could decline even further, as a round exchange rate level has been passed. Economic Calendar 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 EUR/USD currency exchange rate has recovered to the 1.1750 level, which on Tuesday appeared to be providing resistance. 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 Funds Rate. This event has caused EUR/USD moves
The price for gold plummeted. From a Fundamental Analysis perspective the drop occurred due to various reasons, which can be read in this article. Meanwhile, from a technical analysis perspective the decline has its own reasons and could have been forecast. Namely, the initial drop occurred due to the price failing to pass the resistance zone above the 1,800.00 mark. Economic Calendar
On Friday, the USD/JPY currency exchange rate continues the recovery that was started on September 15. During the surge, the pair only shortly paused at resistance levels like the hourly simple moving averages. By the middle of Friday's London trading hours, the rate had reached the 110.00 level and the weekly simple pivot point at 110.07. Economic Calendar On Wednesday, the
The GBP/USD currency exchange rate passed the support of the 1.3800 level on Thursday. However, at the 1.3765 level the rate stopped its decline without reaching the support of the weekly S1 simple pivot point. Moreover, the 1.3765 has not been acting as support during September. On Friday, the currency exchange rate had recovered and failed at an attempt to
The decline of the EUR/USD currency exchange rate eventually reached the 1.1750 level, where it found support in the round exchange rate level and the weekly S2 simple pivot point. By zooming in the chart, it can be clearly observed that the rate bounced off exactly from the pivot point. On Friday, the currency pair recovered and passed the resistance of
The yellow metal''s price managed to pierce the 1,805.00 level and the resistance zone below it twice. However, the resistance held and a decline started at mid-day on Wednesday. By the middle of Thursday's European trading hours, the price had reached the support of the 1,781.00/1,784.00 zone, which has kept the price up since September 8. Economic Calendar Analysis On Thursday, at 12:30
The decline of the USD/JPY currency exchange rate stopped at the August low level zone just above the 109.10 level. On Thursday the rate recovered to find resistance in the late August low level zone that is located at 109.42/109.50. Economic Calendar On Thursday, at 12:30 GMT, the US Retail Sales and Core Retail Sales data sets are set to be
After finding support in the 1.3800 mark on Wednesday, the GBP/USD currency exchange rate surged to the 1.3850 level. This level provided enough resistance for a decline to begin. By the middle of Thursday's European trading hours, the rate was aiming at the support of the 1.3800 mark. Economic Calendar On Thursday, at 12:30 GMT, the US Retail Sales and
At mid-day on Thursday, the EUR/USD passed the previous September low level at the 1.1770 mark. In addition, note that after failing to pass the resistance of the 1.1820 mark, the rate lost more than 50 base points in just 8 hours. Some attributed the decline to an upcoming speech of ECB President Christine Lagarde, which was scheduled for 12:00 GMT.
On September 15, the DUK+/EUR currency exchange rate stood at a cluster of sell orders at the 1.7400 mark. In addition, there were no buy orders for the cryptocurrency as low as the 1.4600 mark. Meanwhile, the rate remained in a channel down pattern, which has guided the pair since July 20. Daily Candle Chart Market Depth Market Depth reveals, where traders
As the price for gold was testing the support zone below the 1,785.00 level, the US Consumer Price Index was released. The worse than forecast US data caused a drop of the value of the USD. Subsequently, the price of gold jumped. During the three hour surge, the bullion broke above the resistance of the 200-hour SMA and the 1,800.00/1,805.00 resistance
The release of the US Consumer Price Index on Tuesday at 12:30 GMT caused a drop of the US Dollar. On the USD/JPY currency exchange rate charts the initial drop was followed up by a short recovery before the decline resumed. By the middle of Wednesday's European trading hours, the rate had reached the 109.30 level and lost 80
The GBP/USD currency exchange rate found support in the 1.3800 level just after GMT midnight to Wednesday. At mid-day the pair was testing and piercing the resistance of the 55, 100 and 200-hour simple moving averages in the 1.3825/1.3840 zone. Economic Calendar On Wednesday morning, the Pound's traders are bound to watch the publication of United Kingdom's Consumer Price Index
The release of the US Consumer Price Index on Tuesday at 12:30 GMT, caused a drop of the value of the USD. The EUR/USD rate surged and broke the upper trend line of the channel down pattern. By the middle of Wednesday's European trading hours, the pair had started to fluctuate near the 1.1830 mark. Economic Calendar Analysis On Wednesday,
Since September 8, the price for gold has continued to fluctuate sideways between a support zone below the 1,785.00 level and resistance above the 1,800.00 mark. On Tuesday, the price was reached by the resistance of the 100-hour simple moving average, which together with the 55-hour SMA started to push the metal down. Economic Calendar Analysis The week's notable events will start
Since Monday the USD/JPY pair has been fluctuating near the 110.00 mark. Despite the rate trading almost sideways it appears that the volatility of the currency exchange rate has been decreasing. Due to that reason a larger move up or down could be expected. Economic Calendar The week's notable events will start on Tuesday. At 12:30 GMT, the US statisticians are
On Tuesday, the GBP/USD currency exchange rate surged and touched the 1.3880 level. The zone above this level has kept the currency pair down throughout September. Economic Calendar The week's notable events will start on Tuesday. At 12:30 GMT, the US statisticians are scheduled to publish the monthly Consumer Price Index and Core Consumer Price Index data. The GBP/USD has
On Tuesday, Dukascopy Analytics spotted a channel down pattern on the EUR/USD hourly candle chart. The pattern appears to have guided the pair down since the September 3 bounce off from the resistance of the 1.1900 level. During Tuesday's morning trading hours, the rate was testing the resistance of the pattern near 1.1830. Economic Calendar Analysis The week's notable events
The yellow metal's price passed the resistance of the 1,800.00 level on Friday morning. The 1,800.00 kept the rate from surging since the start of September 8. However, the price almost immediately found resistance in the 100-hour simple moving average near 1,805.00. Economic Calendar Analysis On Friday, the rate could move due to the publication of the US Producers Price Index at