The rate managed to pass the resistance of the 1.2000 level. Moreover, the weekly R1 simple pivot point at 1.2020 did not stop the rate's following surge. On Wednesday morning, the currency exchange rate had bounced off the resistance of the 1.2080 mark, which was strengthened by the weekly R2 simple pivot point at 1.2075. Economic Calendar Analysis On Wednesday and Thursday, the
The yellow metal has ended its half month long decline. It was indicated by the fact that the channel down pattern, which guided the price since November 18, was broken on Tuesday morning. Economic Calendar Analysis On Tuesday, the price could be impacted by the 15:00 GMT publication of the US ISM Manufacturing PMI. On Wednesday and Thursday, the markets are unlikely going
On Tuesday, the USD/JPY ended trading around the 104.00 level. The rate started to trade above the support of the 100-hour simple moving average and the weekly simple pivot point at 104.21. In the near term future, the rate could surge, as it was being approached by two additional simple moving averages. Economic Calendar On Tuesday, the currency exchange rate could be
After two additional attempts to pass the resistance of the 1.3380/1.3400 zone, the GBP/USD retreated to the support of the 200-hour simple moving average and the weekly simple pivot point at 1.3328. If the 200-hour SMA continues to hold, another attempt at breaking the resistance zone could occur. Economic Calendar On Tuesday, the GBP/USD currency exchange rate could be impacted by the
In general, the EUR/USD has bounced off the resistance of the 1.2000. However, the pair has already found support and is set to make another attempt at the round exchange rate level. Economic Calendar Analysis On Tuesday, the EUR/USD currency exchange rate could be impacted by the 15:00 GMT publication of the US ISM Manufacturing PMI. The pair has moved from 9.1
The DUK+/EUR pair has remained below the 1.8800 level, where selling occurred the week before. In the meantime, during the week, it was spotted that the rate finds support and resistance in round price levels, despite the fact that sell and buy order clusters were not observed at these levels. Meanwhile, notable clusters of sell and buy orders have moved
On Monday, Dukascopy Analytics spotted a channel down pattern, which has been guiding the yellow metal's price decline. In the meantime, the commodity price had ended trading sideways above the 1,800.00 level and passed below it. Economic Calendar Analysis On Tuesday, the price could be impacted by the 15:00 GMT publication of the US ISM Manufacturing PMI. On Wednesday and Thursday, the markets
Since reaching the 104.00 level, the USD/JPY currency exchange rate has traded in limbo around this level, as it has fluctuated from 103.85 to 104.30 levels. In the near term future, the rate had two possible scenarios. Economic Calendar On Tuesday, the currency exchange rate could be impacted by the 15:00 GMT publication of the US ISM Manufacturing PMI. The pair has
On Monday, the GBP/USD traded between hourly simple moving averages, which provided both resistance and support. The near term future was based upon whether the rate passes the resistance of the 55 and 100-hour SMAs or the support of the 200-hour SMA. Economic Calendar On Tuesday, the GBP/USD currency exchange rate could be impacted by the 15:00 GMT publication of the
On Monday, the EUR/USD currency exchange rate was heading to the resistance of the round exchange level of 1.2000. Future forecasts were based upon what would happen at this level. Economic Calendar Analysis On Tuesday, the EUR/USD currency exchange rate could be impacted by the 15:00 GMT publication of the US ISM Manufacturing PMI. The pair has moved from 9.1 to 40.0
For a third consecutive trading session, the yellow metal has trade sideways. However, on Friday, the sideways trading had advances higher by five USD. Economic Calendar Analysis Next week, on Tuesday, the price could be impacted by the 15:00 GMT publication of the US ISM Manufacturing PMI. On Wednesday and Thursday, the markets are unlikely going to be impacted by macroeconomic data releases.
On Friday, the USD/JPY currency exchange rate retreated to trade below the technical levels that surrounded the 104.20 level. In the near term future, the rate was expected to continue to decline, as it had no support as low as 103.70. Economic Calendar Next week, on Tuesday, the currency exchange rate could be impacted by the 15:00 GMT publication of the US
The resistance of the 1.3380/1.3400 level caused another drop. This time, the rate passed the support of the 55 and 100-hour SMAs, a pivot point and broke out of the ascending triangle pattern. In the near term future, the rate was expected to test the support of the 1.3320 level and the 200-hour simple moving average. Economic Calendar Next week, on Tuesday,
On Friday, the EUR/USD was being pushed up by the 55-hour SMA into the resistance of the weekly R2 simple pivot point. Future forecasts were based upon whether the SMA manages to push the rate above the pivot point. Economic Calendar Analysis Next week, on Tuesday, the EUR/USD currency exchange rate could be impacted by the 15:00 GMT publication of the US
The yellow metal's price has continued to trade sideways. Meanwhile, the 55-hour SMA had approached and failed to push the metal down. Economic Calendar Analysis There are no more notable events scheduled for this week. However, one can research the events that already occurred. In the meantime, note that the next week's event analysis is bound to be published in the Fundamental Analysis
The 55-hour SMA failed to push the USD/JPY up. Instead, the SMA's support was passed. Moreover, the SMA began to provide resistance to the rate's attempted recovery. By the middle of Thursday's European trading hours, the rate had retreated to a technical support cluster that was located at 104.20/25. Economic Calendar There are no more notable events scheduled for this week. However,
The 100-hour simple moving average once again caused a surge of the GBP/USD, which again tested the resistance of the 1.3380/1.3400 zone. The resistance held and by the middle of Thursday's European trading hours, the rate had once again retreated to the 100-hour SMA. Near term future forecasts were based upon whether the 100-hour manages to cause another surge. Economic Calendar There
On Thursday morning, the EUR/USD reached the resistance of the 1.1940 level, which caused a decline of the currency exchange rate. By the middle of Thursday's trading hours, the currency pair was approaching the support levels that were located near the 1.1900 level. Economic Calendar Analysis There are no more notable events scheduled for this week. However, one can research the events
The 1,800.00 level has held. Moreover, the metal's price has not properly tested its support. Instead, the bullion's price has been fluctuating sideways between the 1,800.00 and 1,815.00 levels. Economic Calendar Analysis On Wednesday, at 12:30 GMT, the usual US weekly Unemployment Claims are set to grab the attention of the financial media despite the event not moving the markets. At the
On Wednesday morning, the USD/JPY continued the decline that was started on Tuesday. By the middle of the day's European trading hours, the currency exchange rate had reached the technical support of the 55-hour simple moving average. In regards to the near term future, the pair's direction depends on whether the 55-hour SMA manages to push the rate up. Economic Calendar On
The 100-hour simple moving average provided the GBP/USD with enough support for the rate to return to the resistance of the 1.3380 level. On Wednesday morning, the pair bounced off this level. By the middle of the day's GMT trading hours, the rate had reached below technical support levels near the 1.3340 mark. Economic Calendar At 12:30 GMT the usual US weekly
The surge of the EUR/USD managed to once again pass the resistances located from 1.1890 to 1.1900. On Wednesday morning, the rate managed to touch the 1.1930 level. In regards to the near term future, the rate was expected to test the resistance of the weekly R2 simple pivot point at 1.1936. Economic Calendar Analysis At 12:30 GMT the usual US
The decline of the yellow metal continued after consolidating by trading sideways. At the start of US trading hours, the commodity price had almost reached the 1,800.00 level, which was expected to provide psychological support. Economic Calendar Analysis On Wednesday, at 12:30 GMT, the usual US weekly Unemployment Claims are set to grab the attention of the financial media despite the event
The USD/JPY consolidated on Tuesday morning by retracing to the 104.20 level. This level provided support, which caused a surge. By the start of US trading hours, the currency exchange rate had reached above the 104.70 mark. Economic Calendar Another day to watch the Economic calendars will be Wednesday. At 12:30 GMT the usual US weekly Unemployment Claims are set to grab