The EUR/USD continues to wait for the US Consumer Price Inflation data, as the pair trades almost flat near 1.0750. Economic Calendar Analysis This week, the US Consumer Price Index release is set to dictate the short term direction of all financial markets. The data will be published on Thursday at 13:30 GMT. EUR/USD hourly chart In the case of the 1.0750 mark
Throughout this week, the price for gold has been fluctuating between the support of the 1,867.90/1,870.40 range and resistance at 1,879.30/1,881.60. In the meantime, the 50-hour simple moving average had caught up with the commodity. Economic Calendar Analysis This week, the US Consumer Price Index release is set to dictate the short term direction of all financial markets. The data will be
The USD/JPY currency pair has been fluctuating between the support of the 131.30/131.40 zone and resistance at 132.45/132.65 since the start of this week's trading. Meanwhile, the pair was observed to be ignoring the 50, 100 and 200-hour simple moving averages and the weekly simple pivot point at 131.90/132.50. Economic Calendar This week, the US Consumer Price Index release is set to
The surge of the GBP/USD, which followed the US employment data release, encountered resistance in the 1.2200 mark. The round exchange rate level held and caused a decline. By mid-Tuesday's trading, the currency pair had reached the support of the 1.2100/1.2115 range. Economic Calendar This week, the US Consumer Price Index release is set to dictate the short term direction of all
From a technical perspective the support of the 1.0500 has held and caused a surge. However, the recent surge has been attributed to the US employment data release on Friday at 13:30 GMT, which caused a broad USD decline. By the start of this week, the pair had reached and was testing the resistance of the 1.0750 level. Economic Calendar Analysis This
On Thursday, the US Dollar strengthened due to better than expected US Unemployment Claims and ADP Non-Farm Employment data. This resulted in a decline of the price of gold down to the support of the 1,825.00 level. The support was enough to cause a recovery up to the 1,840.00 level. Economic Calendar Analysis On Friday, The United States employment data release at
On Thursday, the US Dollar strengthened due to better than expected US Unemployment Claims and ADP Non-Farm Employment data. The following surge had reached the late December high level zone 134.50. Economic Calendar On Friday, The United States employment data release at 13:30 GMT is highly likely going to impact the US Dollar. Later on, at 15:00 GMT the ISM Services PMI
On Thursday, the US Dollar strengthened due to better than expected US Unemployment Claims and ADP Non-Farm Employment data. By the middle of Friday's trading, the follow up decline had reached below 1.1850 and was located near the weekly S2 simple pivot point's support at 1.1839. Economic Calendar On Friday, The United States employment data release at 13:30 GMT is highly likely
On Thursday, the US Dollar strengthened due to better than expected US Unemployment Claims and ADP Non-Farm Employment data. On the EUR/USD chart it resulted in a decline below the 1.0575/1.0595 zone. By the middle of Friday's trading hours, the pair had reached the 1.0500 mark. Economic Calendar Analysis On Friday, The United States employment data release at 13:30 GMT is highly
The price for gold has reached above 1,850.00. On Wednesday morning, the pair touched the 1,865.00 level, which acted as resistance and the commodity retraced to look for support in 1,850.00. Economic Calendar Analysis On Thursday, the US ADP Non-farm Employment Change might impact the value of the US Dollar at 13:15 GMT. On Friday, The United States employment data release at
On Wednesday, the USD/JPY surged and managed to reach above 131.50. By the end of the day's European trading hours, the pair had reached above 132.50. Economic Calendar On Thursday, the US ADP Non-farm Employment Change might impact the value of the US Dollar at 13:15 GMT. On Friday, The United States employment data release at 13:30 GMT is highly likely going
The GBP/USD pair has managed to recover, as on Wednesday it was encountering resistance in the weekly simple pivot point at 1.2089. Meanwhile, support was found in the 1.2000/1.2025 zone. Economic Calendar On Thursday, the US ADP Non-farm Employment Change might impact the value of the US Dollar at 13:15 GMT. On Friday, The United States employment data release at 13:30 GMT
On Wednesday, the EUR/USD reached the combined resistance of the weekly R1 simple pivot point at 1.0629 and the 100 and 200-hour simple moving average. Afterwards, the pair was finding support in the 1.0575/1.0595 zone. At 19:00 GMT the US Federal Reserve Meeting Minutes were released, which revealed that the Fed is not considering any rate cuts in 2023. In theory,
The price for gold continued to surge, as it eventually managed to break the 1,825.00 mark and the December high level at 1,833.20. On Tuesday morning, the commodity price reached the 1,850.00 mark. However, as the US futures markets opened, major demand for the USD caused a decline of all commodities. By mid-day, the price had retraced to the 1,830.00
With the opening of the US futures market, the USD experienced major demand, which pushed the USD/JPY currency pair up to the combined resistance of the 131.00 mark and the 50-hour simple moving average. However, prior to the recovery the pair had reached the 129.50 level. Economic Calendar This week, on Wednesday, the US ISM Manufacturing PMI and JOLTS Job Openings could
The opening of the US futures market caused major demand for the US Dollar, which beat down currency exchange rates. The GBP/USD sharply plummeted to the 1.1900 mark, where it found support. By mid-Tuesday it appeared that the weekly S1 simple pivot point and the 1.1940 level were acting as resistance. Economic Calendar This week, on Wednesday, the US ISM Manufacturing PMI
As the US futures markets started 2023 trading on Tuesday morning, the US Dollar strengthened. As a result the EUR/USD plummeted, as by 11:00 GMT, the pair had reached 1.0520. Economic Calendar Analysis This week, on Wednesday, the US ISM Manufacturing PMI and JOLTS Job Openings could cause an adjustment in the value of the US Dollar at 15:00 GMT. Afterwards, at 19:00
Most recently the price for gold has been finding support in the 1,815.00 level an resistance was encountered at 1,825.00. In the meantime, the pair was being approached from below by the 50, 100 and 200-hour simple moving averages near 1,810.00. Economic Calendar Analysis This week, on Wednesday, the US ISM Manufacturing PMI and JOLTS Job Openings could cause an adjustment in
The USD/JPY encountered resistance in the 134.50 level, before starting a broad decline. By the start of 2023, the pair had reached below 131.00 mark, which acted as resistance. Meanwhile, support appears to be provided by the December 20 low level at 130.57. Economic Calendar This week, on Wednesday, the US ISM Manufacturing PMI and JOLTS Job Openings could cause an adjustment
Since December 22, the GBP/USD currency pair has been trading between the support zone above 1.2000 and resistance above 1.2100. Namely, support is found in 1.2000/1.2025 and resistance at 1.2100/1.2125. Meanwhile, the pair has largely ignored the 50, 100 and 200-hour simple moving averages and the weekly simple pivot point. Economic Calendar This week, on Wednesday, the US ISM Manufacturing PMI and
During the holidays, the EUR/USD recovered and reached the 1.0700 mark. However, on January 2 the currency exchange rate traded below the round level. Meanwhile, support appeared to be provided by the combination of the weekly simple pivot point at 1.0671 and the 50-hour simple moving average. Economic Calendar Analysis This week, on Wednesday, the US ISM Manufacturing PMI and JOLTS Job
As it was forecast, the price for Dukascoin has dipped in the previous month. However, in the aftermath of the late November decline, a recovery has occurred. The asking price for a coin has fluctuated in the 1.4000/1.4300 range. Meanwhile, the bid price was more volatile, as it fluctuated in the 1.0100/1.4000 zone. Asking price chart Bid price chart Market Depth Market
After the Federal Reserve hiked its base interest rate and with it strengthened the US Dollar, the price for gold declined. Since early December 15, the price has been consolidating between the 1,775.00 and 1,785.00 levels. Note that the article covers the period until the start of 2023. In the meantime, we would like to ask that feedback on the content
The post Federal Reserve rate hike surge of the USD/JPY encountered resistance in the 137.95/138.20 zone. The following decline was looking for support. Note that the article covers the period until the start of 2023. In the meantime, we would like to ask that feedback on the content would be provided via [email protected] email. Economic Calendar The mid-December week will end with the