As expected, the EUR/USD surged above the resistance of the weekly pivot point at 1.1153. However, the gains of the rate were limited, as it traded sideways between 1.1150 and 1.1160 in the aftermath of the event. In regards to the near term future, the rate most likely will trade sideways until the publication of the US Federal Reserve Interest Rate.
On Tuesday, the yellow metal's price was testing the resistance of the 1,430.00 level. In general, the metal's price was expected to trade sideways until the Wednesday's FOMC announcements at 18:00 GMT. Economic Calendar Analysis This week top attention will be paid to the US Federal Reserve's Federal Open market Committee announcements on Wednesday at 18:00 GMT. In general, the markets expect a
On Tuesday, USD/JPY bounced off a monthly pivot point at 108.90 and began a decline down to a cluster of technical support levels located from 108.40 to 108.50. In general, the rate had two possible scenarios that were based on what will happen at the support cluster. US Advance GDP data release on focus This week top attention will be paid to
On Tuesday, the GBP/USD continued to plummet, as the rate reached the 1.2120 level during the early London trading hours. In general, the rate has no technical support levels and decline. On the other hand, note that the rate is expecting the announcements of the Federal Reserve and the Bank of England on Wednesday and Thursday. Latest Fundamental Event Report The Bureau of Economic
On Tuesday morning, the EUR/USD was squeezed in between the support of hourly simple moving averages and the resistance of the simple weekly pivot point. In general, the rate was most likely going to trade sideways near 1.1150, between the previously described technical levels, until the Wednesday's Federal Reserve announcements at 18:00 GMT. Latest Fundamental Event Report The European Common Currency depreciated against
On Thursday, the XAU/USD exchange rate tumbled to the 1,420.00 level. On Friday morning, the rate went up to the resistance level formed by the 55-, 100- and 200-hour SMAs, located circa 1,422.00.Economic Calendar Analysis at 12:00 GMT Current week will end with the US Advance GDP data release on Friday at 12:30 GMT. Click Here: Economic Calendar Overview 19/07 XAU/USD short-term forecast On
Yesterday, the USD/JPY currency pair jumped to the psychological level at 108.70.During Friday's morning, the pair was trading at the given level. It is likely, that bulls could continue to prevail in market. US Advance GDP data release on focus This week will end with the US Advance GDP data release on Friday at 12:30 GMT. Last data release caused a 23-pip
On Thursday, the GBP/USD exchange rate dropped to the support level at 1.2426. During today's morning, the rate was testing the given level.If the given support level holds, a reversal north is expected in the nearest future.Latest Fundamental Event Report The British Pound appreciated against the US Dollar, following the UK Retail Sales data release on Thursday at 08:30 GMT. The GBP/USD
Yesterday, the EUR/USD currency pair tried to surpass the 1.1180 level. During Friday morning, the pair was trading at the 1.1140. Given, that the pair is pressured by the 55- and 100-hour SMAs, it is likely, that some downside potential could prevail. Latest Fundamental Event Report The European Common Currency appreciated against the US Dollar, following the ECB Monetary Policy Statement data release
On Thursday, the yellow metal found support in the 55-hour simple moving average and by the middle of the day had surged to the 1,428.00 level. Economic Calendar Analysis On Thursday, the US Core Durable Goods Orders data will be published at 12:30 GMT. The week will end with the US Advance GDP data release on Friday at 12:30 GMT. Click Here: Economic
On Thursday, the USD/JPY was declining to the support of an ascending channel pattern. Meanwhile, on a larger scale the currency exchange rate has traded sideways. US Advance GDP data release on focus On Thursday, the US Core Durable Goods Orders will be published at 12:30 GMT. Previously, the given release caused only a four-pip move. The week will end with the US Advance
The GBP/USD was recovering on Wednesday in a sharp move upwards. Namely, by the middle of Wednesday's London trading session the currency exchange rate had reached the combined support of the 100 and 200-hour simple moving averages at 1.2485. Latest Fundamental Event Report The British Pound appreciated against the US Dollar, following the UK Retail Sales data release on Thursday at 08:30 GMT.
The EUR/USD has reached the targeted level of 1.1124. The rate was expected to trade sideways above this level until the resistance of the hourly moving averages approaches and pushes the pair down. Latest Fundamental Event Report The European Common Currency depreciated against the US Dollar, following the French Flash Services PMI data release on Wednesday at 07:15 GMT. The EUR/USD
On Wednesday, the yellow metal continued to trade near the hourly simple moving averages above the 1,420.00 level. Economic Calendar Analysis at 12:00 GMT On Thursday, the US Core Durable Goods Orders data will be published at 12:30 GMT. The week will end with the US Advance GDP data release on Friday at 12:30 GMT. Click Here: Economic Calendar Overview 19/07 XAU/USD short-term forecast
The USD/JPY was plummeting on Wednesday, as by the middle of the day's trading session the currency exchange rate had reached the 108.00 level. At that level the rate met with the technical support of the 200-hour simple moving average, which caused a pause of the decline. US Advance GDP data release on focus On Thursday, the US Core Durable Goods Orders will
The GBP/USD was recovering on Wednesday in a sharp move upwards. Namely, by the middle of Wednesday's London trading session the currency exchange rate had reached the combined support of the 100 and 200-hour simple moving averages at 1.2485. Latest Fundamental Event Report The British Pound appreciated against the US Dollar, following the UK Retail Sales data release on Thursday at 08:30 GMT.
The decline of the EUR/USD has continued, as on Wednesday morning the currency exchange rate reached the 1.1130 level. In general, the rate was expected to continue the decline until it reaches the historical low level at 1.1124. Latest Fundamental Event Report The European Common Currency depreciated against the US Dollar, following the French Flash Services PMI data release on Wednesday at
During Tuesday morning, the price for gold was testing the lower boundary of the short-term ascending channel located circa 1,420.00. From a theoretical perspective, it is expected, that gold could reverse north and continue to appreciate against the US Dollar.Economic Calendar Analysis at 12:00 GMT On Thursday, the US Core Durable Goods Orders data will be published at 12:30 GMT. The week will
During today's morning, the USD/JPY currency pair jumped to the psychological level at 108.20. It is likely, that some upside potential could prevail in the market in the short term. US Advance GDP data release on focus On Thursday, the US Core Durable Goods Orders will be published at 12:30 GMT. Previously, the given release caused only a four-pip move.The week will end
During Tuesday morning, the GBP/USD currency pair tried to surpass the psychological level at 1.2420. Latest Fundamental Event Report The British Pound appreciated against the US Dollar, following the UK Retail Sales data release on Thursday at 08:30 GMT. The GBP/USD exchange currency rate gained 12 pips or 0.10% right after the release. The British Pound continued trading at the 1.2480 level
On Tuesday morning, the EUR/USD exchange rate was trading at the weekly S1 located at the 1.1187 mark. Latest Fundamental Event Report The European Common Currency depreciated against the US Dollar, following the US Retail Sales data release on Tuesday at 12:30 GMT. The EUR/USD exchange currency rate lost 13 pips or 0.11% right after the release. The Euro continued trading
During Monday's morning, the price for gold was consolidating at the 1,425.00 level. Given, that the XAU/USD exchange rate is squeezed by 55- and 100-hour SMAs, it it likely, that it could trade sideways in the short term. Economic Calendar Analysis at 12:00 GMT On Thursday, the US Core Durable Goods Orders data will be published at 12:30 GMT. The week will end
During today's morning, the USD/JPY currency pair was testing the support cluster formed by the 55– and 100-hour SMAs, as well the weekly and monthly PP in the 107.72/107.91 range. US Advance GDP data release on focus On Thursday, the US Core Durable Goods Orders will be published at 12:30 GMT. Previously, the given release caused only a four-pip move.The week will
During Monday morning, the GBP/USD exchange rate was testing the support cluster formed by the 55-, 100- and 200-hour SMAs, as well the weekly PP in the 1.2469/1.2505 range. Latest Fundamental Event Report The British Pound appreciated against the US Dollar, following the UK Retail Sales data release on Thursday at 08:30 GMT. The GBP/USD exchange currency rate gained 12 pips or