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The yellow metal's decline eventually found support in a zone that is located just below the 1,785.00 level. Meanwhile, it was spotted that the pair has been finding resistance in a zone just above the 1,800.00 mark. In the near term future, the metal could trade sideways between the mentioned 1,785.00 and 1,800.00 levels until it is approached by the
Wednesday's decline of the USD/JPY currency exchange rate continued on into Thursday's early trading hours. By the middle of the day's European trading hours, the pair had reached below the 110.00 mark and the weekly simple pivot point at 109.92. A potential target for the decline was the 109.60 level, which provided the pair with support on September 3. However, the
On Wednesday, the GBP/USD found support in the 1.3730 level and started a surge. The surge ignored most technical levels or broke their resistance with ease. By the middle of Thursday's European trading hours, the rate had reached the 100-hour simple moving average near 1.3810. If the pair passes the resistance of the 100-hour simple moving average, it would first aim
The decline of the EUR/USD continued on Wednesday, as the rate eventually reached the support of the weekly S1 simple pivot point at 1.1806. However, after touching the pivot point, the pair recovered to the 1.1830 level. Up to the middle of Thursday's trading, the EUR/USD has been fluctuating sideways between the 1.1810 and 1.1830 levels. In the case that
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At mid-day on Tuesday, the price for gold reached below the 1,800.00 level. During early Wednesday's trading, the rate was fluctuating in the 1,795.00/1,800.00 range. It could be observed that round price levels were impacting the metal. If the metal manages to pass the resistance of the 1,800.00 level, a surge could find resistance in the 200-hour simple moving average near
The USD/JPY managed to pass the 110.00 level and surged on Tuesday. During the surge, the rate passed the resistance of the 110.25 level and the weekly R1 simple pivot point. On Wednesday morning, the surge had touched the 110.45 level before the rate retraced back down. If the decline of the pair continues, the rate could look for support
On Wednesday morning, the GBP/USD currency exchange rate passed the support of the 1.3770/1.3785 zone. The zone had kept the rate from declining since the middle of Tuesday's trading. In regards to the near term future, the currency exchange rate was expected to decline to the support of the weekly S2 simple pivot point. However, support could be provided by the
On Tuesday, the EUR/USD eventually passed the support of the weekly simple pivot point at 1.1858. By the middle of Wednesday's European trading hours, the pair had reached the 1.1830 level. In the case that the decline of the EUR/USD continues, the currency exchange rate would most likely aim at the weekly S1 simple pivot point at the 1.1806 level.
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The summer high levels provided enough resistance for the yellow metal's price to decline to previous trading levels. At mid-day on Tuesday, the price passed the support of the 200-hour SMA and the 1,810.00 level. In the near term future, the metal was expected to continue to decline, as it had no technical support. However, most likely round price levels are
At mid-day on Tuesday, the USD/JPY currency exchange rate passed the resistance of the weekly simple pivot point and the 100 and 200-hour simple moving averages in the 109.92/109.95 zone. However, the rate's attempts at surging higher were immediately stopped by the 110.00 mark. If the rate manages to pass the resistance of the 110.00 level, the pair could reach for
At mid-day on Tuesday, the GBP/USD currency exchange rate broke the lower trend line of the channel up pattern, which had guided the rate since the middle of August. In the near term future, the pair was expected to reach for the support of the 1.3770/1.3785 zone. If the 1.3770/1.3785 support zone reverses the rate's decline, the GBP/USD could aim
The EUR/USD found support on Monday in the weekly simple pivot point at 1.1858. On Tuesday, the rate had slightly recovered. In the meantime, the pair was approached by the 100-hour simple moving average, which could provide additional support and push the rate up. In the case of a surge, the EUR/USD currency exchange rate would most likely test the
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