The 1.1860 level stopped the EUR/USD pair's surge to the 1.1900 level. The rate retreated afterwards to find support in the 1.1800 level. On Friday morning, the rate fluctuated above the support of the 1.1800 mark, which consisted of the 55 and 200-hour SMAs and a weekly simple pivot point. Economic Calendar Analysis The week will end with the US Retail Sales
Since the middle of Wednesday's GMT trading hours, the yellow metal's price has remained below the 1,950.00 mark. In addition, on Thursday, the price remained below the 1,940.00 level, which was strengthened by the 55-hour simple moving average. Economic Calendar Analysis On Thursday, the US Unemployment Claims data might affect the market. The release is scheduled to 12:30 GMT. The week will end with
On Wednesday, the USD/JPY reached the target of the 107.00 mark. The 107.00 provided resistance and caused a retracement back down to the support of the 55-hour simple moving average. As previously, the SMA provided support and caused a surge. By the middle of Thursday's trading, the rate was heading back to the 107.00 level. Economic Calendar On Thursday, the US Unemployment
The recovery of the GBP/USD continues, as the rate was soon expected to reach the 1.3100 level. Moreover, the currency exchange rate had passed a strong resistance cluster from 1.3060 to 1.3080. On Thursday, the rate had no technical resistance as high as the weekly R1 simple pivot point at 1.3166. Economic Calendar On Thursday, the US Unemployment Claims data might affect
The resistance of the 1.1800 failed on Wednesday, as it was first pierced at mid-day and afterwards passed. In the future, the rate was expected to reach the 1.1900 level, where the next cluster of resistance was located at. Economic Calendar Analysis On Thursday, the US Unemployment Claims data might affect the market. The release is scheduled to 12:30 GMT. The week will
The decline of the yellow metal's price from recent historical high levels eventually exceeded 10%. Namely, the metal declined from 2,075.93 to 1,863.50. During Wednesday's early trading hours, the commodity price reached the 1,950.00 mark, which stopped a recovery of the metal. Economic Calendar Analysis On Wednesday, the US Core CPI and CPI data will be released at 12:30 GMT. On Thursday, the US
As forecast, the hourly simple moving averages gave the USD/JPY the needed strength to push through the 106.20 level. Namely, the 55-hour SMA caused a surge, which passed the resistance. By the middle of Wednesday's GMT trading hours, the rate had reached the resistance of a 38.20% Fiobnacci retracement level at 106.86. Economic Calendar On Wednesday, the US Core CPI and CPI
On Wednesday morning, the GBP/USD confirmed a medium scale channel up pattern. The pattern's lower trend line caused a surge to the technical resistance levels that were located near the 1.3070 mark. In theory, the pattern should cause a larger decline. However, there is a strong resistance cluster from 1.3070 to 1.3090. Economic Calendar On Wednesday, the UK GDP data, as well
On Tuesday, the EUR/USD failed to pass the resistance of the weekly simple pivot point and the 200-hour simple moving average at the 1.1800 level. On Wednesday, the pair had once again reached the support of the 1.1720 level. Economic Calendar Analysis On Wednesday, the US Core CPI and CPI data will be released at 12:30 GMT. On Thursday, the US Unemployment Claims
The rate eventually broke the resistance of the 2035.00 level and reached the 2050.00 mark. However, the 2050.00 stopped the surge and caused a decline. By the middle of Tuesday's GMT trading the metal's price had reached below the 2000.00 level and shortly traded at 1985.00. Economic Calendar Analysis On Tuesday, the US Core PPI and PPI data are going to be released
During Tuesday's European trading hours, the USD/JPY once again tested the resistance of the 106.20 level. The attempt was caused by a surge, which started from the 55-hour simple moving average. In the near term future, it was forecast that the SMA could push the rate through the 106.20 level. Economic Calendar On Tuesday, the US Core PPI and PPI data are
On Monday, the rate passed the resistance of the 200-hour SMA and the weekly simple pivot point near the 1.3075 level. Afterwards, the rate was pushed down by the combined resistance of the 55 and 100-hour SMAs at 1.3100. By the middle of Tuesday's GMT trading hours, the rate remained below the 1.3100 mark. Economic Calendar On Tuesday, the US Core PPI
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