The support of the 1,720.00 mark was enough to cause a retracement back up to the 1,740.00/1,745.00 levels and the 50-hour simple moving average. On Tuesday morning, the 50-hour SMA was pushing the price down, as by 07:30 GMT the price had reached 1,730.00. Economic Calendar Analysis This week, on Tuesday the release of the US CB Consumer Confidence and JOLTS Job
In the aftermath of reaching the 139.00 level, the USD/JPY currency pair declined and found support in the weekly R1 simple pivot point at 138.40. Up to the start of Tuesday's European trading hours, the rate had continued to trade above the technical level. Economic Calendar This week, on Tuesday the release of the US CB Consumer Confidence and JOLTS Job Openings
On Tuesday morning, the GBP/USD currency exchange rate was testing the resistance of the last week's low level zone at 1.1715/1.1760. In the meantime, the zone is being approached by the 50 and 100-hour simple moving averages. Economic Calendar This week, on Tuesday the release of the US CB Consumer Confidence and JOLTS Job Openings data at 14:00 GMT might impact the
The recovery from the 0.9900/0.9915 zone passed the 50 and 100-hour simple moving averages near 0.9975, the weekly simple pivot point at 0.9984 and the 1.0000 mark. However, the surge of the Euro against the USD ended near the 1.0020 level, where the 200-hour simple moving average appeared to be acting as resistance. During the morning hours of Tuesday's European trading,
The Friday's Jackson Hole central banker meeting has added more force to the ongoing decline of the price for gold. On Monday morning, as the markets opened, the price reached the 1,720.00 level, which appeared to be acting as support. Economic Calendar Analysis This week, on Tuesday the release of the US CB Consumer Confidence and JOLTS Job Openings data at 14:00
The speech of the Chairman of the US Federal Reserve Jerome Powell on Friday initially caused a drop of the USD/JPY rate, before a broad surge of the USD started. On the USD/JPY charts the initial drop reached the 200-hour simple moving average near 136.20. By the middle of Monday's European trading hours, the pair had surged to the 139.00
In the aftermath of the Jackson Hole symposium of central bankers, the GBP/USD currency pair declined. On Monday morning, the rate had reached the 1.1650 level, which acted as support. Economic Calendar This week, on Tuesday the release of the US CB Consumer Confidence and JOLTS Job Openings data at 14:00 GMT might impact the financial markets through the value of the
The Friday's central banker meeting in Jackson Hole impacted the EUR/USD currency pair in the form of a spike up, which almost touched the 1.0100 level. However, the move was followed by a decline. By the middle of Monday's trading, the pair had reached the 0.9900/0.9915 support zone. Economic Calendar Analysis This week, on Tuesday the release of the US CB Consumer
The price for gold passed the 1,745.00/1,755.00 zone at midnight to Thursday GMT hours. During the European morning hours, the price extended its recovery and reached the 1,765.00 level. In general, the move was attributed to a broad weakness of the US Dollar. Economic Calendar Analysis On Thursday, at 12:30 GMT the US quarterly Preliminary GDP data is set to cause a
During the second part of Wednesday's trading, the USD/JPY failed to reach the 137.45/137.70 range, as it bounced off the 137.20 level and started a decline. On Thursday morning, the pair was located near the 136.50 level. In general, the situation remains unchanged, as the markets expect news from the central banker symposium in Jackson Hole Wyoming. Economic Calendar On Thursday, at 12:30
The GBP/USD pair has revealed a support zone at 1.1717/1.1756. The zone captures this week's low levels. In the meantime, on Thursday morning, the rate reached above the resistance of the 100-hour simple moving average and the 1.1850 level. Economic Calendar On Thursday, at 12:30 GMT the US quarterly Preliminary GDP data is set to cause a move in the US Dollar
On Thursday morning, the EUR/USD rate reached above the resistance zone of 0.9990/1.0020. In general, the markets were experiencing a broad decline of the US Dollar, which was attributed to the incoming central bank meeting in Jackson Hole, Wyoming. Economic Calendar Analysis On Thursday, at 12:30 GMT the US quarterly Preliminary GDP data is set to cause a move in the US
By once again finding support in the 1,730.00 level, the price for gold has managed to break the resistance of the 50-hour simple moving average. It resulted in a surge into the 1,745.00/1,755.00 zone. During the morning hours of Wednesday, the price appeared to be heading to the 1,755.00 level. Economic Calendar Analysis On Thursday, at 12:30 GMT the US quarterly Preliminary
The fundamental drop of the US Dollar on Tuesday resulted in the USD/JPY currency exchange rate declining to the 136.00 level. Afterwards, a failed recovery found resistance in the 137.00 mark. During Wednesday's European morning hours, the currency pair had returned to the 136.00 level. Economic Calendar On Thursday, at 12:30 GMT the US quarterly Preliminary GDP data is set to cause
At mid-day on Tuesday, weakness of the US Dollar caused a surge of the GBP/USD currency exchange rate. The rate shortly traded above the 1.1850 mark, before declining. On Wednesday morning, the pair found support in the 50-hour simple moving average and the 1.1800 mark. Economic Calendar On Thursday, at 12:30 GMT the US quarterly Preliminary GDP data is set to cause
On Tuesday, the Euro suddenly sharply recovered against the US Dollar and even reached above parity. However, the rate bounced off the 1.0020 level and resumed its decline. On Wednesday morning, the pair was fluctuating near the 0.9950 level. In the meantime, the 50-hour simple moving average had caught up with the rate and was acting as resistance. Economic Calendar Analysis On
The price for gold has found support in the 1,730.00 level and recovered. By the middle of Tuesday's European trading hours, the price had reached the resistance of the 50-hour simple moving average near 1,742.50. Economic Calendar Analysis At 13:45 GMT, the US Flash Services PMIs could impact the rate through an adjustment in the value of the US Dollar. On Thursday,
The USD/JPY currency exchange rate has ended trading around the 137.00 mark by surging above the 137.50 level. In the meantime, on Tuesday morning, the pair was reached from below by the support of the 50-hour simple moving average. Economic Calendar At 13:45 GMT, the US Flash Services PMIs could impact the rate through an adjustment in the value of the US
The GBP/USD has passed the July low level at 1.1760 and the 1.1750 mark. On Tuesday morning, the pair reached the 1.1720 level. Meanwhile, the rate was being approached by the 50-hour simple moving average from the above. Economic Calendar At 13:45 GMT, the US Flash Services PMIs could impact the rate through an adjustment in the value of the US Dollar.
The decline of the EURUSD pair has clearly passed below the 0.9950 mark. On Tuesday morning, the EUR/USD was trading between the support of the 0.9900 mark and the 0.9950 level as resistance. Economic Calendar Analysis At 13:45 GMT, the US Flash Services PMIs could impact the rate through an adjustment in the value of the US Dollar. On Thursday, at 12:30
On Monday morning, the price for gold passed below the 1,745.00/1,755.00 zone. By the middle of the day, the rate had reached the 1,730.00 level. Economic Calendar Analysis At 13:45 GMT, the US Flash Services PMIs could impact the rate through an adjustment in the value of the US Dollar. On Thursday, at 12:30 GMT the US quarterly Preliminary GDP data is
Since the middle of Friday's trading, the USD/JPY has been fluctuating around the 137.00 mark in the range between 136.70 and 137.40. Economic Calendar At 13:45 GMT, the US Flash Services PMIs could impact the rate through an adjustment in the value of the US Dollar. On Thursday, at 12:30 GMT the US quarterly Preliminary GDP data is set to cause a
The Pound has declined in value, compared to the US Dollar, as the rate has extended its last week's decline. On Monday, the pair shortly reached below the 1.1800 level. Economic Calendar On Tuesday, at 08:30 GMT, the Pound's value is scheduled to react the publication of the UK Flash Manufacturing and Services Purchasing Managers Indices. At 13:45 GMT, the US Flash Services
On Monday morning, the EUR/USD currency pair reaches parity and even fluctuated below the 1.0000 mark. By the middle of the day's trading, the rate had returned and fluctuated above 1.0000. Economic Calendar Analysis This week, the markets are looking forward to the European Purchasing Managers Indices that are set to be published on Tuesday starting from 07:15 up to 07:30 GMT.