The EUR/USD extended its decline to the 1.1720 level. However, it did not reach the 1.1700 mark, as it was forecast in the top scenario. On Tuesday morning, the rate found support in the 1.1720 mark and began a surge. Economic Calendar Analysis On Tuesday, the US Core PPI and PPI data are going to be released at 12:30 GMT. On Wednesday, the
The DUK+/EUR exchange rate stands flat at 1.5000, as there is a massive amount of sell orders exactly at 1.5100. In the meantime, there are no buy orders as low as 1.4400. Daily Candle Chart On the technical daily candle chart, the daily simple moving averages are approaching one another, as the rate trades flat. Market Depth Market Depth reveals, where traders
Since Friday afternoon, the yellow metal's price had been testing the support of the 100-hour simple moving average. In the meantime, it could be observed that the 2035.00 level provided resistance. Economic Calendar Analysis The week ahead is going to be relatively calm on the economic calendar. Most of the events, that could impact the markets, are from the US. On Tuesday, the
On Monday, the USD/JPY gained support in the 100-hour simple moving average and began a surge. By the middle of the day's GMT trading hours, the pair had reached the 106.20 level. Economic Calendar The week ahead is going to be relatively calm on the economic calendar. Most of the events, that could impact the markets, are from the US. On Tuesday,
Since the middle of Friday's GMT trading hours, the GBP/USD has trade below the technical resistance of the 200-hour SMA. Moreover, on Monday, the SMA was being strengthened by the weekly pivot point at 1.3074. Economic Calendar The week ahead is going to be relatively calm on the economic calendar. Most of the events, that could impact the markets, are from
The EUR/USD started the week with a decline below the 1.1750 mark. In theory, the decline was expected to continue, as the pair had no support as low as 1.1700. Meanwhile, the rate faced resistance of hourly simple moving averages and a pivot point above 1.1800. Economic Calendar Analysis The week ahead is going to be relatively calm on the economic calendar.
The XAU/USD exchange rate reached the 2,070.00 level. It is likely that the rate could gain support from the monthly R1 at 2,058.09. Economic Calendar Analysis On Friday, the US Employment data set release could be in the spotlight. The release is scheduled to 12:30 GMT. The week ahead is going to be relatively calm on the economic calendar. Most of the events, that
Since Wednesday, the USD/JPY currency pair has been consolidating in the 105.60 area. It is likely that the pair could maintain its consolidation in the short run. Economic Calendar On Friday, the US Employment data set release could be in the spotlight. The release is scheduled to 12:30 GMT. The week ahead is going to be relatively calm on the economic calendar.
The GBP/USD exchange rate reversed south from the psychological level at 1.3180. It is likely that the rate could face the resistance of the 55- and 100-hour SMAs and trade downwards. Economic Calendar On Friday, the US Employment data set release could be in the spotlight. The release is scheduled to 12:30 GMT. The week ahead is going to be relatively calm on
The EUR/USD currency pair is squeezed by 55-, 100- and 200-hour moving averages. It is likely that the pair could trade sideways in the short run. Economic Calendar Analysis On Friday, the Canadian and US Employment data set releases could be in the spotlight. The releases are scheduled to 12:30 GMT. The week ahead is going to be relatively calm on the economic
The XAU/USD exchange rate raised to the monthly R1 at 2,058.09. If the given resistance holds, it is likely that a reversal south could occur. Economic Calendar Analysis The first week of August is going to be relatively busy on the economic calendar. On Thursday, the US Unemployment Claims data is going to be published at 12:30 GMT. On Friday, the US Employment data set
Since Wednesday, the USD/JPY currency pair has been consolidating in the 105.60 area. It is likely that the pair could maintain its consolidation in the short run. Economic Calendar The first week of August is going to be relatively busy on the economic calendar. On Thursday, the US Unemployment Claims data is going to be published at 12:30 GMT. On Friday, the US
The GBP/USD exchange rate raised to the 1.3180 level. It is likely that the rate could face the resistance area formed by the 2020 high and the weekly R1 in the 1.3213/1.3244 range. Economic Calendar The first week of August is going to be relatively busy on the economic calendar. On Thursday, the US Unemployment Claims data is going to be published at
The EUR/USD currency pair remains to trade below the 1.1900 level. If the given level holds, it is likely that the pair could trade sideways. Economic Calendar Analysis The first week of August is going to be relatively busy on the economic calendar. On Thursday, the US Unemployment Claims data is going to be published at 12:30 GMT. On Friday, the Canadian and US
The XAU/USD exchange rate exceeded the 2,000.00 level and skyrocketed to 2,040.00. It is likely that the price for gold could face the resistance formed by the monthly R1 at 2,056.09. Economic Calendar Analysis The first week of August is going to be relatively busy on the economic calendar. On Wednesday, the US ADP Non-Farm Employment Change data is set to be issued at
The USD/JPY currency pair continues to trade below the monthly PP at 106.09. Note that the pair could gain support from the 100- and 200-hour SMAs and trade sideways in the short run. Economic Calendar The first week of August is going to be relatively busy on the economic calendar. On Wednesday, the US ADP Non-Farm Employment Change data is set to be
The GBP/USD exchange rate touched the 1.2980 level, however, it reversed north. It is likely that the rate could gain support from the 55- and 100-hour SMAs and trade upwards. Economic Calendar The first week of August is going to be relatively busy on the economic calendar. On Wednesday, the US ADP Non-Farm Employment Change data is set to be issued at 12:15
The EUR/USD gained support from the 200-hour moving average near 1.1730. It is likely that the pair could gain support from the 55- and 100-hour SMAs, as well the weekly PP and extend gains in the short run. Economic Calendar Analysis The first week of August is going to be relatively busy on the economic calendar. On Wednesday, the US ADP Non-Farm Employment
The XAU/USD exchange rate broke the lower line of the rising wedge pattern. It is likely that gold could gain support from the 55- and 100-hour SMAs and appreciate against the US Dollar in the short run. Economic Calendar Analysis The first week of August is going to be relatively busy on the economic calendar. On Wednesday, the US ADP Non-Farm Employment Change data
Since Monday, the USD/JPY currency pair has been trading sideways around the monthly PP at 106.09. It is likely that the pair could gain support from the 55-hour SMA and add to gains in the short run. Economic Calendar The first week of August is going to be relatively busy on the economic calendar. On Wednesday, the US ADP Non-Farm Employment Change data
The GBP/USD exchange rate is squeezed by the 55- and 100-hour moving averages, located circa 1.3050 and 1.3090 respectively. It is unlikely that the rate could decline below the weekly PP at 1.3013. Economic Calendar The first week of August is going to be relatively busy on the economic calendar. On Wednesday, the US ADP Non-Farm Employment Change data is set to be
The EUR/USD currency pair re-tested the support level formed by the Fibo 61.80% at 1.1707. It is likely that the pair could gain support from the 55- and 100-hour SMAs, as well the weekly PP and extend gains in the short run. Economic Calendar Analysis The first week of August is going to be relatively busy on the economic calendar. On Wednesday, the
The XAU/USD exchange rate continued to trade within the rising wedge pattern. From a theoretical point of view, it is likely that a breakout south could occur in the nearest future. Economic Calendar Analysis The first week of August is going to be relatively busy on the economic calendar. On Monday, the Institute for Supply Management is going to publish the US ISM Manufacturing
The USD/JPY currency pair skyrocketed to the monthly PP at 106.09. If the given resistance holds, it is likely that the pair could consolidate in the short run. Economic Calendar The first week of August is going to be relatively busy on the economic calendar. On Monday, the Institute for Supply Management is going to publish the US ISM Manufacturing PMI survey results