The metal's surge was stopped by the resistance of the 1,915.00 level on Friday. Since then, the metal's price has been declining. By the middle of Monday's European trading hours, the commodity price had reached below the 1,900.00 mark. Economic Calendar Analysis During the week, pay attention to the economic data releases already on Monday. On Monday, at 14:00 GMT the Institute of
During Monday's first half of European trading hours, the USD/JPY continued to recover. By the middle of the day, the rate had reached back up above the 105.60 level. In the near term future, the rate was expected to be pushed up by the support of hourly simple moving averages. Economic Calendar Pay attention to the economic data releases already on Monday.
On Monday, the GBP/USD currency exchange rate traded in the 1.2900 and 1.2960 range. In the meantime, the pair was being approached by the additional support of the 55 and 100-hour simple moving averages. In the near term future, the rate was expected to surge, as it had no technical resistance as high as 1.3030. Economic Calendar Pay attention to the economic
On Monday, the EUR/USD currency exchange rate passed the resistance of the 55 and 100-hour simple moving averages. The rate had no technical resistance as high as the 1.1780/1.1790 zone. Due to that reason it was expected to surge. Economic Calendar Analysis During the week, pay attention to the economic data releases already on Monday. On Monday, at 14:00 GMT the
On Friday morning, the yellow metal recovered, as a run to safety was caused by the US President Donald Trump stating that he had tested positive for the coronavirus. In the meantime, it was spotted that round price levels still impacted the price. Economic Calendar Analysis The week will end with a monthly data release. The US Average Hourly Earnings, Non-Farm Employment Change
The USD/JPY plummeted on Friday morning, as a run to safety was caused by the announcement of the US President Donald Trump that he and his wife had contracted the coronavirus. The rate's sharp drop stopped at the 105.00 level and afterwards began a consolidation in the 105.00/105.20 range. Economic Calendar The week will end with a monthly data release. The US
The GBP/USD is breaking patterns and trading with high volatility. Swings of 100 pips down and up are normal. The reason for the moves are Brexit negotiation news. Namely, the EU and UK have failed to negotiate a trade deal and a hard Brexit scenario is once again highly likely. Economic Calendar The week will end with a monthly data release.
On Friday morning, the EUR/USD currency exchange rate remained near previous levels, as it fluctuated in the 1.1720/1.1740 range. In the meantime, note that the support of the 55 and 100-hour simple moving averages had failed to push the rate up. Economic Calendar Analysis The week will end with a monthly data release. The US Average Hourly Earnings, Non-Farm Employment Change and
The yellow's metal price has continued to trade below the 1,900.00 level. The price has made five failed attempts to pass the resistance of the 1,900.00 mark. In the meantime, the rate was approached by the support of the 55-hour simple moving average. Economic Calendar Analysis On Thursday, as always the US Unemployment Claims at 12:30 GMT might cause a minor move. The week
A larger review of the pair's hourly chart was conducted on Thursday morning. It was spotted that the rate had been trading in a channel up pattern since September 23. In the meantime, note that the 100-hour SMA failed to continue to push the rate up. Economic Calendar On Thursday, as always the US Unemployment Claims at 12:30 GMT might cause a
On Thursday morning, the GBP/USD currency exchange rate plummeted, as it was announced that the EU and UK trade negotiators had failed to make a deal. At 09:00 GMT, the currency exchange rate was heading to the combined support of the 200-hour SMA and a weekly simple pivot point at 1.2800. Economic Calendar On Thursday, as always the US Unemployment Claims at
On Thursday, the EUR/USD currency exchange rate still traded near the 1.1740 level. In the meantime, it was spotted that the rate was being supported by the 55-hour simple moving average, which was pushing the rate up. Economic Calendar Analysis On Thursday, as always the US Unemployment Claims at 12:30 GMT might cause a minor move of around ten pips. The week
At the end of Tuesday's trading, the yellow metal's price bounced off the resistance of the 1,900.00 level, which was strengthened by the 200-hour simple moving average. On Wednesday morning, the rate was declining and was expected to soon reach the support of the 55-hour simple moving average at 1,880.00. Economic Calendar Analysis On Wednesday, at 12:15 GMT the ADP Non-Farm Employment Change
The USD/JPY passed the support of the channel up pattern on Tuesday. However, the rate did not decline far, as it found support in the 100-hour simple moving average near 105.50. In theory, the rate could surge and make another attempt to pass the resistance of the 105.80 level. Economic Calendar On Wednesday, at 12:15 GMT the ADP Non-Farm Employment Change data
On Wednesday morning, the GBP/USD currency exchange rate traded between the support of the 200-hour simple moving average and the resistance of the 55-hour SMA. In the near term future, the rate was expected to be approached by the 100-hour simple moving average. Economic Calendar On Wednesday, at 12:15 GMT the ADP Non-Farm Employment Change data release could cause a move. For
The EUR/USD managed to pass the resistance of the 1.1680 level and afterwards the 1.1700 mark. On Wednesday morning, the currency exchange rate traded in limbo near the 1.1740 level. Economic Calendar Analysis On Wednesday, at 12:15 GMT the ADP Non-Farm Employment Change data release could cause a move. For example, the EUR/USD has moved from 5.5 to 24.8 pips on the
The 1,850.00 held on Monday and caused a surge. By the middle of Tuesday's GMT trading hours, the surge had reached the 1,885.00 level. In the meantime, the 1,900.00 level was strengthened by the 200-hour simple moving average. Economic Calendar Analysis On Wednesday, at 12:15 GMT the ADP Non-Farm Employment Change data release could cause a move. On the same day, at 12:30
On Tuesday morning, the USD/JPY currency exchange rate tested the resistance of the 105.70 level. The rate was expected to pass this resistance, as the support of the 100-hour simple moving average had proven that it has the required strength to push the pair up. Economic Calendar On Wednesday, at 12:15 GMT the ADP Non-Farm Employment Change data release could cause
The GBP/USD broke the resistance levels at 1.2800 and at 1.2835. Namely, the rate reached the 1.2925 level on Monday. However, after touching the high level, the rate retraced back down. On Tuesday, the rate was consolidating by trading with 50 pip volatility above the support of 1.2835 level. Economic Calendar The week will start with a long forgotten data release. The
The resistance of the 55 and 100-hour simple moving averages failed to push the EUR/USD down. Instead, the rate surged to once again test the resistance of the 1.1680 level. By the middle of Tuesday's GMT trading hours, the rate had made three attempts to pass the 1.1680 mark. Economic Calendar Analysis On Wednesday, at 12:15 GMT the ADP Non-Farm Employment Change
After trading with high volatility, the DUK+/EUR currency exchange rate began a slow paced surge, which reached the 1.6600 level. In the meantime, by large the situation remained unchanged, as buy and sell orders dictated the rules. Daily Candle Chart On the daily candle chart the pair has left below it the daily simple moving averages. Namely, the 55 and 100-day SMAs
The price of gold has continued to trade in the range between the 1,850.00 and 1,875.00 levels. The approaching of the resistance of the hourly simple moving averages had not changed the situation, as the price continued to fluctuate sideways. Economic Calendar Analysis On Wednesday, at 12:15 GMT the ADP Non-Farm Employment Change data release could cause a move. On the same
On Monday morning, the USD/JPY rate declined and began to trade between the support of the 100-hour SMA and the resistance of the 55-hour simple moving average. In the near term future, a squeeze between the pivot points was expected to cause a surge to the 106.00 level. Economic Calendar On Wednesday, at 12:15 GMT the ADP Non-Farm Employment Change data release
Since the early GMT trading hours of Friday, the GBP/USD has been fluctuating between the support of the 1.2700 level and the resistance of 1.2800. On Monday morning, the currency exchange rate was testing the resistance of the weekly simple pivot point and the 1.2800 level. Economic Calendar The week will start with a long forgotten data release. The UK quarterly GDP