On July 14, the GBP/USD rate marked a new low level at 1.1760. Since the event, the pair has been recovering. On July 18, the currency rate had reached back up to the 1.1960/1.1970 zone, which marks the last week's high levels. Economic Calendar This week, the GBP/USD rate is set to react to a number of events. First of all note
Since reaching parity and declining as low as the 0.9960 level on July 14, the EUR/USD currency pair began a recovery. By the middle of July 18 European trading hours, the currency pair had reached the 1.0150 mark. Economic Calendar Analysis This week, the EUR/USD is set to react to the European Central Bank Monetary Policy Statement releae on July 21, Thursday,
In general, the situation on gold price charts has not changed. However, there are minor updates to note. Namely, the pair has revealed that there is a resistance zone below the 1,750.00 mark, at 1,747.50/1,748.85. Economic Calendar Analysis On Friday, the United States are scheduled to release their monthly employment data at 12:30 GMT. Expect the data release to consist of the
Throughout July, the USD/JPY currency pair has been trading between the support of the 134.75/134.80 and 136.28/136.38 zones. I Since mid-day on Wednesday, the USD/JPY appeared to have found additional support in the 135.00 level. Meanwhile, the 136.00 level did not appears to be capable of acting as notable resistance. In the meantime, the 50, 100 and 200-hour simple moving averages
On Thursday, the GBP/USD currency rate extended its surge, as it eventually reached the 1.2050 level. The 1.2050 mark was enough to cause a decline, which by the middle of Friday's European trading hours had reached below 1.1950. In the meantime, the pair appeared to have found resistance in the 1.1960 level, which marks the 2019 low level. Economic Calendar On Friday,
The EUR/USD has continued to decline, as the resistance of the 50-hour simple moving average was enough to cause a move below the 1.0150 mark. On Friday morning, the pair passed below the support of the round exchange rate level and plummeted to the support of the weekly S3 simple pivot point at 1.0074. In the meantime, the pair has revealed
During June the asking price of Dukascoin has been highly volatile between 1.4330 and 1.6100. During the middle of the month, the whole range was captured during a couple of trading sessions even twice. However, during early July, the price appeared to have calmed down and fluctuated near the 1.5000 mark. In the meantime, the bid price has been rather flat
The decline of the price of gold eventually found support, as it approached the 1,730.00 level. Namely, the rate rebounded from 1,732.10. Since the event, the price has retraced back up and appears to be trading sideways around the 1,740.00 mark. Economic Calendar Analysis On Friday, the United States are scheduled to release their monthly employment data at 12:30 GMT. Expect the
Throughout July, the USD/JPY currency pair has been trading between the support of the 134.75/134.80 and 136.28/136.38 zones. At mid-day on Wednesday, the USD/JPY appeared to have found additional support in the 135.00 level. Meanwhile, the 136.00 level did not appears to be capable of acting as notable resistance. In the meantime, the 50, 100 and 200-hour simple moving averages and
Despite being pierced, the 1.1900 mark has managed to act as support. The zone below the round exchange rate level has been marked. The support zone was enough to cause a surge, which by the middle of Thursday's European trading hours had managed to shortly reach above the 1.1975/1.1995 zone and the 1.2000 mark. However, it appeared that the 100-hour simple
After reaching a new low level at 1.0162, the EUR/USD started a minor recovery. On Thursday morning, the recovery found resistance in the weekly S2 simple pivot point and the 1.0220 level. In the meantime, the pair was being approached by the 50-hour simple moving average. Economic Calendar Analysis On Friday, the United States are scheduled to release their monthly employment data
As the US Dollar continues to strengthen, the price for gold has plummeted. By the middle of Wednesday's European trading hours, the commodity had reached the 1,760.00 level. The price has not been this low during 2022. In the meantime, note that the 1,740.00/1,760.00 zone acted as support during a couple of periods in 2021. Namely, it acted as support in
The USD/JPY currency exchange rate has revealed that it faces resistance at the 136.28/136.38 zone. The zone was strong enough to cause a decline, which by the middle of Wednesday's European trading hours had almost reached the 135.00 level. Economic Calendar Watch out for the Wednesday's Federal Reserve's FOMC Meeting Minutes at 18:00 GMT. On Thursday, the ADP Non-farm Employment Change might impact
The decline of the Pound against the US Dollar eventually reached the 1.1900 level, which acted as support. During the first half of Wednesday's trading, the pair retraced back up to the resistance zone of Friday's low levels at 1.1975/1.1995. Economic Calendar Watch out for the Wednesday's Federal Reserve's FOMC Meeting Minutes at 18:00 GMT. On Thursday, the ADP Non-farm Employment Change might
The plummeting of the EUR/USD on Tuesday was attributed and most likely actually was fueled by various fundamentals like strikes, protests and bad economic data. Eventually, the rate's drop appeared to have stopped near the 1.0250 mark, around which the rate began to trade sideways. However, on Wednesday morning, a new low was touched, as the pair reached below 1.0230. Economic Calendar
The price for gold has confirmed that the 1,812.00/1,814.35 zone is acting as resistance. On Tuesday morning, the commodity price bounced off the zone and started a decline, which was aiming at the 1,800.00 mark. Economic Calendar Analysis Watch out for the Wednesday's Federal Reserve's FOMC Meeting Minutes at 18:00 GMT. On Thursday, the ADP Non-farm Employment Change might impact the markets through
The support zone, which was revealed on Friday, has been enough to cause a broader recovery of the US Dollar against the Japanese Yen. By the start of Tuesday's European trading, the currency pair had reached back above the 136.00 mark. Economic Calendar Watch out for the Wednesday's Federal Reserve's FOMC Meeting Minutes at 18:00 GMT. On Thursday, the ADP Non-farm Employment Change
Since finding support in the zone near 1.2100 mark during early Monday's trading, the GBP/USD has been ignoring technical levels. Namely, no support and resistance is being found in the 50 and 100-hour simple moving averages, the weekly simple pivot point at 1.2133 and the round exchange rate levels of 1.2100 and 1.2150. Economic Calendar Watch out for the Wednesday's Federal Reserve's
On Tuesday morning, at 07:00 GMT, the EUR/USD currency pair plummeted from 1.0440 down to 1.0380 in less than 30 minutes. At the time of writing, it appeared that the support zone at 1.0382/1.0385 was being passed. In general, the exact reason for the drop was unknown. However, note that recent strikes of food producers in the Euro Zone have resulted
On Friday, the price for gold eventually reached the May low level at 1,786.65. For a short period the price fluctuated below this level, prior to starting a recovery. By the middle of Monday's trading, the price had reached above 1,800.00 and encountered resistance in the 100-hour simple moving average. Economic Calendar Analysis Watch out for the Wednesday's Federal Reserve's FOMC Meeting
The decline of the US Dollar against the Japanese Yen found support in the 134.75/134.80 zone. Meanwhile, since Friday the pair has been encountering resistance in the 135.50 mark and the 50 and 200-hourly simple moving averages. Economic Calendar Watch out for the Wednesday's Federal Reserve's FOMC Meeting Minutes at 18:00 GMT. On Thursday, the ADP Non-farm Employment Change might impact the markets
After reaching below the 1.2000 mark, the GBP/USD rate touched the 1.1977, prior to starting a recovery. By the middle of Monday's trading hours, the pair had recovered and reached above the 1.2150 mark. Economic Calendar Watch out for the Wednesday's Federal Reserve's FOMC Meeting Minutes at 18:00 GMT. On Thursday, the ADP Non-farm Employment Change might impact the markets through the value
At mid-day on Friday, the EUR/USD shortly pierced the support zone at 1.0382/1.0385. However, a recovery followed the event. By the middle of Monday's trading, the pair had recovered to the 1.0450 level. Economic Calendar Analysis Watch out for the Wednesday's Federal Reserve's FOMC Meeting Minutes at 18:00 GMT. On Thursday, the ADP Non-farm Employment Change might impact the markets through the value
The price for Gold has reached below the 1,800.00 mark. However, note that at mid-day on Thursday, the commodity price jumped to 1,825.00, before returning to the previous low levels near 1,805.00. The move was caused by the publication of the US PCE inflation data, which the Fed uses for guidance. In addition, the decline of the price of gold was