After a period of sideways trading that lasted until September 26, DUK+/EUR surged and pierced all resistance up to 0.8500. Meanwhile, the online chart has been updated with the resistance and support levels that are observed by looking at the bid and ask order statistics at dukascoin.com. Daily Candle Chart Since Friday, on the daily candle chart the DUK+/EUR rate was
The decline of gold has continued. By the middle of Monday's London trading, the price had reached below the 1,485.00 level. In regards to the near term future, a bounce off from a support level was expected. Economic Calendar Analysis This week, there are a couple of US macroeconomic data releases, which might impact gold through the strength of the US Dollar. On Tuesday,
On Friday, the USD/JPY made an attempt to pass the resistance levels at 108.20 and failed. Since the attempt the rate has been finding support in the 55 and 200-hour simple moving averages that on Monday were located near the 107.80 mark. Meanwhile, the rate was being kept down by the resistance of the 108.00 level. Economic Calendar On Tuesday, the US ISM
On Monday morning, the GBP/USD made an attempt to surge above the 1.2330 level and failed at it. In general, the rate traded near Friday's levels. The rate was expected to either consolidate or decline. Meanwhile, Swiss traders had gone long on the pair.Economic Calendar This week, there are a couple of US macroeconomic data releases, which might impact the rate. On Tuesday,
The EUR/USD started the week by trading in Limbo around the 55-hour simple moving average. The moving average was heading lower and was expected to push the rate with it. In general, as the rate had passed the support of the 1.0930 level, the pair had no technical support levels below it as low as 1.0891. US Employment Data week This week,
The metal has ended its sideways trading with a decline. By the middle of Friday's London trading, the metal's price had reached below the 1,495.00 level. The rate was set to face two support levels at 1,492.00, below which there was not technical support as low as 1,462.90. Economic Calendar Analysis The week will end with the US Durable Goods Orders data release
On Friday, the USD/JPY was heading to the 108.00 level, as it had broken the resistance of the technical levels near 107.80. In general, the surge was expected to pass the 108.00 mark and reach for the weekly pivot point at 108.22. Economic Calendar The week will end with the US Durable Goods Orders data release at 12:30 GMT. The event will consist
On Friday morning, the support of the 1.2300 levels was passed. The GBP/USD had no technical support level as low as 1.2200. However, the 1.2250 mark could provide psychological support, as round levels have played a significant role on the GBP/USD charts. Economic Calendar The week will end with the US Durable Goods Orders data release at 12:30 GMT. The event will consist
The EUR/USD has declined below the support of the historical low level of 1.0930. Although, the event did not result in a sharp decline, as support was provided by the 1.0910 mark. On Friday morning, the pair was consolidating by trading sideways, which was considered normal, as the rate has declined sharply since September 25. Week Ends With Insignificant Data The week
The 1,535.00 level was strong enough to eventually cause a decline. As soon as the decline reached below the 1,530.00 mark, it increased and dropped down to almost touch 1.500.00. On Thursday, the metal's price was trading sideways between 1,505.00 and 1,510.00 levels. Economic Calendar Analysis On Thursday, the US Final GDP will be published at 12:30 GMT. This event could cause a
The surge of the USD/JPY hit the 107.85 level, where two technical levels were located and bounced off it. By the middle of Thursday's trading session the currency exchange rate had declined down to the 100-hour SMA's support at 107.57. Economic Calendar On Thursday, the US Final GDP will be published at 12:30 GMT. This event has caused moves on the USD/JPY
As forecast, the GBP/USD has declined. During the early hours of Thursday's London trading session the GBP/USD currency exchange rate had reached support levels near 1.2300. If the rate would manage to pass the technical levels near 1.2300 and the psychological support of the round level, it could decline as low as the 1.2200 mark without finding any support. Economic Calendar On Thursday,
The decline of the EUR/USD has continued in a descending channel pattern. By the middle of Thursday's trading session, the currency exchange rate had reached the support of the historical low level at 1.0930. If the currency exchange rate passes this support level, it would have no technical support as low as the 1.0890 mark, where a cluster of technical levels
On Tuesday, the price for gold tried to surpass the psychological level at 1,535.00. On Wednesday morning, yellow metal was trading at the 1,530.00 mark. Given that the commodity is supported by the 55-hour moving average, it is likely that some upside potential could prevail. Economic Calendar Analysis On Thursday, the US Final GDP will be published at 12:30 GMT. This event could
During Wednesday morning, the USD/JPY currency pair was testing the resistance formed by the 55-hour moving average. Note that the pair is trading near the upper boundary of the short-term descending channel. Thus, from a theoretical point of view, it is likely that bears could prevail in the market. Economic Calendar On Thursday, the US Final GDP will be published at 12:30 GMT.
On Wednesday morning, the GBP/USD exchange rate was testing the lower boundary of the medium-term ascending channel. Given that the rate is pressured by the 55-, 100- and 200-hour moving averages, it is likely that some downside potential could prevail in the market. British Pound appreciates on Supreme Court's decision On Tuesday, September 24, the British Pound appreciated 75 pips or 0.60% against
On Wednesday morning, the EUR/USD currency pair was trading at the 1.1000 level. The pair was expected to trade downwards within the short-term descending channel, as it is pressured by the 100- and 200-hour moving averages. German Flash Manufacturing and Services PMIs The European Common Currency depreciated against the US Dollar, following the German Flash PMIs survey results release on Monday at
The surge of the yellow metal has reached the 1,525.00 level, from which it bounced off. On Tuesday, a consolidation by trading sideways was taking place. Namely, the commodity price fluctuated between the 1,520.00 and 1,525.00 levels. Economic Calendar Analysis On Thursday, the US Final GDP will be published at 12:30 GMT. This event could cause a minor move. The week will end
By the middle of Tuesday's London trading session, the USD/JPY currency exchange rate had pierced the resistance of the 55-hour simple moving average. The pair was about to approach the resistance of the 100 and 200-hour SMAs and the weekly simple pivot point above the 107.80 level. Economic Calendar On Thursday, the US Final GDP will be published at 12:30 GMT. This
On Tuesday, the GBP/USD movements were being dictated by the Supreme Court of the United Kingdom. It was set to rule on the suspension of the Parliament done by the Prime Minister Boris Johnson. Meanwhile, note that just before 12:00 GMT the rate bounced and began a surge, which was consistent with an ascending channel pattern. Economic Calendar On Thursday, the US Final
On Tuesday morning, the EUR/USD traded below the 1.1000 level, which had been providing resistance since the middle of Monday's trading session. The rate was expected to continue to trade at that level until the resistance of the 55 and 100-hour simple moving averages approach from the above and push the rate down. German Flash Manufacturing and Services PMIs The European Common
Last week, step by step the DUK+/EUR exchange rate passed the support cluster that was located from 0.7100 to 0.6800. This week was started with the pair fluctuating around the 0.6500 level. In the meanwhile, note that interactive Dukascopy Online chart of the rate is now available. Daily Candle Chart Since this Monday, the Dukascopy online chart of the DUK+/EUR
On Monday, gold reached the 1,520.00 level and ended trading in the range between 1,485.00 and 1,510.00. In general, if the rate would manage to push through the resistance of the 1,520.00 level, it could once more test the 1,550.00 level, as it did at the start of the month. Economic Calendar Analysis On Thursday, the US Final GDP will be published at
On Monday, the USD/JPY rate pierced technical support levels near 107.50. The event signalled that the currency exchange rate could continue its decline. In that case the weekly S1 at 107.21 would be targeted next. Economic Calendar On Thursday, the US Final GDP will be published at 12:30 GMT. This event has caused moves on the USD/JPY from 6.3 to 10.5 pips since