Previously, the resistance of the 1.2100 mark held and caused a a decline. On Tuesday morning, the EUR/USD currency exchange rate had reached below the support of the zone near 1.2020 and the weekly S1 simple pivot point. In theory, the pair should now decline to the weekly S2 simple pivot point at 1.1946. If this level gets passed, the
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The yellow metal's price has broken the descending wedge pattern and almost immediately dropped to the 1,720.00 level. However, afterwards a recovery started and on Monday morning, the price was once again located near the 1,760.00 level. In the near term future, the price was expected to reach for the resistance of the 55-hour simple moving average near 1,770.00 and
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On Monday, the USD/JPY traded above the 106.50 mark, which appeared to be providing support to the rate. In the meantime, it has to be taken into account that the rate was supported on Friday by the 55-hour simple moving average, as it pushed the USD/JPY up. In the near term future, the rate was expected to trade sideways until the
On Monday, the GBP/USD currency exchange rate was testing the resistance of the 1.4000 mark. Meanwhile, a cluster of technical resistance levels was located just above the 1.4000 mark. In the case of the 1.4000 mark being passed, the pair could reach for the 55 and 200-hour SMAs and the weekly simple pivot point in the 1.4015 to 1.4025. If
On Monday morning, the EUR/USD currency exchange rate was recovering from the Friday's low level of 1.2065. During the early hours of European trading, the rate was testing the resistance of the 1.2100 mark. If the currency rate manages to pass the resistance of the 1.2100 mark, the pair could reach for the resistance of the weekly simple pivot point
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