On Tuesday, the precious metal gold declined by 95 pips or 0.54% against the US Dollar. The commodity breached the 55– and 200– hour SMAs during yesterday's trading session. During the Asian trading session, the exchange rate has been trading near the lower line of a descending channel pattern and was set for a breakout. Economic Calendar Analysis On Wednesday, all of the
During Tuesday's trading session, The US Dollar surged by 55 pips or 0.51% against the Japanese Yen. The currency pair breached the weekly R1 at 108.73 on Tuesday. During the Asian trading session, the exchange rate has been trading near the upper line of an ascending channel pattern and was set for a breakout. Economic Calendar On Wednesday, all of the markets
On April 27, the Pound Sterling surged by 56 pips or 0.40% against the US Dollar. The currency pair tested the upper line of a descending channel pattern at 1.3920 during Tuesday's trading session. Economic Calendar On Wednesday, all of the markets will move due to the release of the US Federal Reserve Federal Funds Rate at 18:00 GMT. The GBP/USD
On April 27, the Eurozone single currency surged by 37 pips or 0.30% against the US Dollar. The currency pair tested the 1.2093 level during Tuesday's trading session. Economic Calendar Analysis On Wednesday, all of the markets will move due to the release of the US Federal Reserve Federal Funds Rate at 18:00 GMT. The EUR/USD has moved 10.8 to 54.3 pips
On April 26, The XAU/USD exchange rate bounced off a support level formed by the 200– hour simple moving average at 1770.0. As a result, the commodity surged by 100 pips or 0.61% during Monday's trading session. Currently, the exchange rate is trading near the lower boundary of an ascending channel pattern and could be set for a breakout. Economic Calendar Analysis On
On April 26, the US Dollar surged by 54 pips or 0.50% against the Japanese Yen. The currency pair breached the 55– and 200– hour SMAs during yesterday's trading session. Economic Calendar On Wednesday, all of the markets will move due to the release of the US Federal Reserve Federal Funds Rate at 18:00 GMT. The USD/JPY has moved 7.8 to
On Monday, the British Pound dropped by 54 pips or 0.42% against the US Dollar. The currency pair tested a support cluster near the 1.3880 area during the Asian session on Tuesday. The exchange rate bounced off the 55– and 200– hour SMAs support level on Tuesday morning. Economic Calendar On Wednesday, all of the markets will move due to the release
On Monday, the common European currency declined by 50 pips or 0.41% against the US Dollar. The decline was stopped by the 55– hour simple moving average during yesterday's trading session. Economic Calendar Analysis On Wednesday, all of the markets will move due to the release of the US Federal Reserve Federal Funds Rate at 18:00 GMT. The EUR/USD has moved 10.8
On April 23, the precious metal Gold dropped by 247 pips or 1.38% against the US Dollar. The commodity breached the 55– and 100– hour SMAs during Friday's trading session. Economic Calendar Analysis Next week, on Wednesday, all of the markets will move due to the release of the US Federal Reserve Federal Funds Rate at 18:00 GMT. On Thursday, at 12:30 GMT,
On Friday, the US Dollar rose by 58 pips or 0.54% against the Japanese Yen. The surge was stopped by a resistance cluster formed by the 55– and 100– hour SMAs near the 108.00 level during Friday's trading session. Economic Calendar Next week, on Wednesday, all of the markets will move due to the release of the US Federal Reserve Federal
During the first half of Friday's trading session, The British Pound declined by 58 pips or 0.42% against the US Dollar. However, the exchange rate rebounded at the end of the day. The currency pair breached the upper line of a descending channel pattern during the Asian session on Monday. Economic Calendar Next week, on Wednesday, all of the markets will move
On April 23, the common European currency surged by 88 pips or 0.73% against the US Dollar. The currency pair breached the resistance level at 1.2080 during Friday's trading session. Economic Calendar Analysis Next week, on Wednesday, all of the markets will move due to the release of the US Federal Reserve Federal Funds Rate at 18:00 GMT. The EUR/USD has moved
The high levels from 1,790.00 to 1,800.00 have been marked in a resistance zone, as it has held throughout this week. On Friday, the rate passed the support levels of the 55 and 100-hour simple moving averages, which previously provided support. Economic Calendar Analysis Next week, on Wednesday, all of the markets will move due to the release of the US Federal
The USD/JPY managed to pass the support of the 107.80/108.00 zone. This resulted in a sharp drop to the 107.50 level. However, the support of the 107.50 managed to hold and immediately cause a surge. The surge was much sharper than the drop and in less than two hours had almost reached the 108.20 level, ignoring all the levels that
On Friday, the GBP/USD currency exchange rate began to trade sideways between the support of the 200-hour simple moving average at 1.3855 and the resistance of the 55-hour SMA at 1.3893. Economic Calendar Next week, on Wednesday, all of the markets will move due to the release of the US Federal Reserve Federal Funds Rate at 18:00 GMT. The GBP/USD has
The EUR/USD found support in the zone of the mid-April high levels before starting a surge. By the start of the Friday's US trading hours, the currency exchange rate had already reached the resistance of the weekly R2 simple pivot point, which reversed the rate's surge on April 20. Economic Calendar Analysis Next week, on Wednesday, all of the markets will move
The DUK+/EUR currency exchange rate remains below the wall of sell orders at 3.5100. The most notable difference from the previous week was that there were no longer dips occurring to the downside. The last short lived drop to the 3.5000 mark occurred on April 13. In regards to the sell order wall, it has decreased. On April 23, 7,144.00 coins
The yellow metal made two attempts to reach the resistance of the 1,800.00 level. Both of them failed. On Thursday, the rate was declining, as by the middle of the day's European trading hours, the rate had almost reached the 55 and 100-hour simple moving averages. Economic Calendar Analysis There are no events expected during the upcoming week that could impact the
The USD/JPY broke the resistance of the 55-hour simple moving average and started to test the resistance of the 100-hour SMA first and afterwards the upper trend line of the mentioned pattern. In the near term future, if the SMA fails, the upper trend line of a channel down pattern could be tested. Economic Calendar There are no notable events scheduled for
During the first half of Thursday's European trading, the GBP/USD currency exchange rate remained below the resistance of the 55-hour simple moving average. Economic Calendar On Friday morning, at 06:00 GMT, the UK Retail Sales could cause a move. The event has caused moves from 8.6 to 20.6 since November 2020. Click on the link below to find out more about the
EUR/USD currency exchange rate found support in the 100-hour simple moving average on Wednesday and began a recovery. By the middle of Thursday's trading, the pair continued to be pushed up by the 100-hour SMA. Economic Calendar Analysis On Friday, all Euro pairs are set to be impacted by the monthly release of the Markit Purchasing Managers Indices. Starting from 07:15 GMT
As forecast, the yellow metal's price has once again approached and tested the resistance of the 1,790.00 level. Namely, the price bounced off the resistance even before it approached it. During the early hours of Wednesday's trading, the price had retraced to the support of the 55-hour simple moving average. Economic Calendar Analysis There are no events expected during the upcoming week
During Wednesday's Asian trading session, the USD/JPY managed to pierce the support of the 108.00 level. However, it did not result in a larger decline, as almost immediately the rate reversed from the support of the weekly S2 simple pivot point at 107.88. In the meantime, the currency exchange rate appeared to still find resistance in the 55-hour simple
During the European night and Asian trading hours, the GBP/USD currency exchange rate retreated below the support of the 55-hour simple moving average. Afterwards, up to the middle of the day, the SMA was providing the pair with resistance. Economic Calendar On Friday morning, at 06:00 GMT, the UK Retail Sales could cause a move. The event has caused moves from