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.
At mid-day on Wednesday, the price for Gold reached the 1,765.00 level, which was marked on the chart due to acting as support on August 5. Economic Calendar Analysis At 18:00 GMT on Wednesday, the US Federal Reserve Meeting Minutes are bound to be published. The details included in the document might be the reason for a USD move. XAU/USD short-term forecast
At mid-Wednesday the USD/JPY currency pair reached above the 135.00 mark and the upper trend line of the channel up pattern. Almost immediately after the event, the pair approached the combined resistance of the 134.35/134.55 zone and the weekly R1 simple pivot point at 135.40. In the meantime, the pair was set to be moved by the US FOMC Meeting Minutes
On Wednesday morning, the GBP/USD reached above the 1.2100 mark. However, after a failed attempt at reaching 1.2150, the currency pair began to trade around the 1.2100 level. In general, the pair reacted to the UK higher than forecast inflation data, which caused the sure. Namely, higher inflation means more monetary tightening and a smaller supply of the GBP, which results
Since the surge at mid-day on Tuesday, the EUR/USD appeared to be waiting for this week's fundamental events. Namely, the US FOMC Meeting Minutes were expected to cause a USD move, which would impact all of financial markets. Economic Calendar Analysis At 18:00 GMT on Wednesday, the US Federal Reserve Meeting Minutes are bound to be published. The details included in the
Since the middle of Monday's trading up to mid-Tuesday, the price for gold made attempts at passing the combined resistance of the 1,785.00 mark, the 1,785.00/1,788.00 zone and the 50, 100 and 200-hour simple moving averages. At mid-day on Tuesday, it appeared that the metal had failed, as it declined below 1,775.00. In general, future scenarios remain unchanged. Economic Calendar Analysis On Wednesday,
On Tuesday morning, the US Dollar manged to pass the resistance of the 50, 100 and 200-hour simple moving averages and the weekly simple pivot point at 133.57 against the Japanese Yen. By the start of the days US trading, the pair had reached above the 134.50 level and the 134.35/134.55 zone. In the meantime, it was spotted that the rate's
The GBP/USD broke the channel down pattern, before it even approached the 1.2000 mark. Due to that reason, the pair's decline could be considered over. Meanwhile, during Tuesday's trading hours, the pair fluctuated in the 1.2010/1.2060 range. Economic Calendar Wednesday is set to be the top day for GBP/USD traders. In the morning, at 06:00 GMT, the UK Consumer Price impact is
The decline of the Euro against the US Dollar has continued, as on Tuesday the pair reached the support of the 1.0123 level, which appeared to be once again impacting the rate. Meanwhile, it was spotted that the rate has been declining in a narrow channel down pattern. Economic Calendar Analysis On Wednesday, at 12:30 GMT the US Retail Sales and Core
The price for gold started the week with a decline below the 1,785.00 level and the zone which captures last week's low levels, and the 200-hour simple moving average. By the middle of the day's European trading, the commodity price had reached the 1,775.00 level. Economic Calendar Analysis On Wednesday, at 12:30 GMT the US Retail Sales and Core Retail Sales data
The USD/JPY currency pair has revealed that it is respecting the resistance of the 100-hour simple moving average and the support of the 50-hour SMA. On Monday morning, the pair traded near the 133.50 level. Economic Calendar On Wednesday, at 12:30 GMT the US Retail Sales and Core Retail Sales data is set to impact the rate through the value of the
The Pound has been losing value, compared to the US Dollar, in a channel down pattern since bouncing off the 1.2250 level on Thursday. Buy the middle of Monday's European trading, the price had reached the 1.2050 level. Economic Calendar Wednesday is set to be the top day for GBP/USD traders. In the morning, at 06:00 GMT, the UK Consumer Price impact
On Monday morning, the EUR/USD extended its decline, as the pair passed the support of the 100 and 200-hour simple moving averages near 1.0270 and 1.0230. By the middle of the day's European trading hours, the rate was below 1.0200. Economic Calendar Analysis On Wednesday, at 12:30 GMT the US Retail Sales and Core Retail Sales data is set to impact the
The price for gold appears to be waiting for the US inflation data releases that are scheduled for this week on Wednesday at 12:30 GMT and Thursday at 12:30 GMT. During Tuesday's trading hours, the price of the commodity fluctuated around the 1,790.00 mark. Economic Calendar Analysis This week, the top event for all markets will be the US Consumer Price Index
This week, the USD/JPY pair is trading around 135.00, as it awaits the release of the US Consumer Price Index on Wednesday and the Producers Price Index on Thursday. Resistance is found in a zone at 135.50 and support is provided by the 134.50 level. Economic Calendar This week, the top event for all markets will be the US Consumer Price Index
The GBP/USD is trading around the 1.2100 mark, as it has begun to await for this week's fundamental events. The US CPI, PPI and UK GDP data releases are set to guide the exchange rate during the rest of the week. However, technical levels might act as short term resistance or support. Economic Calendar This week, the top event for all markets
On Tuesday morning, the EUR/USD ended its sideways trading around the 1.0200 mark with a surge. By 09:00 GMT, the rate had reached the 1.2050 mark. In the meantime, the markets were expecting the US Consumer Price Index release on Wednesday at 12:30 GMT. In general, it was expected that the whole financial markets will remain near previous levels until the
The better than expected US Employment data caused a drop of the price for gold below the support zone at 1,771.30/1,773.10. However, after two hours, the commodity price recovered above the zone and started to use it as support. On Monday, the price started a broad recovery and reached as high as the 1,790.00 level. Economic Calendar Analysis This week, the top
In the aftermath of the US Dollar's surge, which was caused by the US employment data release, the USD/JPY found resistance in the 135.50 level. The resistance held and caused a decline. On Monday, the pair found support in the 134.50 level and a zone, which surrounds it. Economic Calendar This week, the top event for all markets will be the US
The US employment data release on Friday caused a drop of the GBP/USD below the support zone near 1.2080 and the 1.2050 level. The pair eventually found support near 1.2000 and recovered. During Monday's trading, the recovery encountered resistance in the 100-hour simple moving average near 1.2130. Economic Calendar This week, the top event for all markets will be the US Consumer
On Friday, at 12:30 GMT, the EUR/USD plummeted due to the very good US employment data, which indicated that the Federal Reserve can hike USD interest rates and cause a decrease in USD supply. The pair plummeted from 1.0240 down to the 1.0140 level. However, since the event the pair has recovered. During the second part of Monday's trading, the
In July, the asking price of the price for Dukascoin has been mostly flat near the 1.5000 mark. An exception to the rule was a dip below 1.4500 on July 28. In addition, from July 30 up to the review on August 5, the DUK+/EUR rate was flat at 1.4900. Meanwhile, the currency exchange rates bid price has been more volatile,
The price for gold has reached above the 1,784.40/1,788.70 zone. Afterwards, resistance was found in the 1,795.00 mark. On Friday morning, the commodity price was finding support in the previous resistance zone, as the 1,788.70 level appeared to be keeping the price up. Economic Calendar Analysis On Friday, one of the top events of the month will take place. At 12:30 GMT,
The Thursday's decline of the US Dollar against the Japanese Yen found ended at midnight below the 133.00 level. During the early hours of Friday's trading, the pair recovered and approached the combined resistance of the 133.50 level and the 50-hour simple moving average. Economic Calendar On Friday, one of the top events of the month will take place. At 12:30 GMT,