The yellow metal's price edged higher by 267 pips or 1.55% on Wednesday. The surge was stopped by the 100– hour simple moving average during yesterday's trading session. Economic Calendar Analysis On Thursday, at 12:30 GMT, the US Producer Price Index is set to reveal more information about inflation in the United States. XAU/USD short-term forecast All things being equal, the
On Wednesday, the US Dollar declined by 50 pips or 0.45% against the Japanese Yen. A breakout occurred through the lower boundary of an ascending channel pattern during yesterday's trading session. Economic Calendar On Thursday, at 12:30 GMT, the US Producer Price Index is set to reveal more information about inflation in the United States. USD/JPY short-term review Given
On Wednesday, the British Pound edged higher by 70 pips or 0.51% against the US Dollar. The currency pair breached the upper boundary of a descending channel pattern during Wednesday's trading session. Economic Calendar On Thursday, at 12:30 GMT, the US Producer Price Index is set to reveal more information about inflation in the United States. GBP/USD short-term review The exchange rate is
The common European currency surged by 41 pips or 0.35% against the US Dollar on Wednesday. The currency pair tested the upper line of a descending channel pattern during yesterday's trading session. Economic Calendar Analysis On Thursday, at 12:30 GMT, the US Producer Price Index is set to reveal more information about inflation in the United States. EUR/USD hourly chart's
On Tuesday, the XAU/USD exchange rate edged lower by 148 pips or 0.85%. The commodity traded above the 1720.0 level during Tuesday's trading session. Economic Calendar Analysis On Wednesday, at 12:30 GMT, the US Core Consumer Price Index is bound to cause USD volatility, which could impact the commodity. Afterwards, on Thursday, at 12:30 GMT, the US Producer
On Tuesday, the US Dollar surged by 30 pips or 0.27% against the Japanese Yen. The currency pair was guided by the 55– hour simple moving average during Tuesday's trading session. Economic Calendar On Wednesday, at 12:30 GMT, the US Core Consumer Price Index is bound to cause USD volatility, which could impact the USD/JPY pair. Afterwards, on Thursday,
The British Pound has declined by 38 pips or 0.27% against the US Dollar on Tuesday. The currency pair was pressured lower by the 55– hour simple moving average during Tuesday' trading session. Economic Calendar On Wednesday, at 12:30 GMT, the US Core Consumer Price Index is bound to cause USD volatility, which could impact the GBP/USD. Afterwards, on Thursday,
On Tuesday, the common European currency fell by 28 pips or 0.24% against the US Dollar. The currency pair tested the weekly S1 at 1.1712 during Tuesday's trading session. Economic Calendar Analysis On Wednesday, at 12:30 GMT, the US Core Consumer Price Index is bound to cause USD volatility, which could impact the EUR/USD. Afterwards, on Thursday, at 12:30 GMT,
The XAU/USD exchange rate bounced off a support level at 1686.0 on Monday. As a result, Gold surged by 634 pips or 3.76% against the US Dollar during yesterday's trading session. Economic Calendar Analysis On Tuesday, the US Prelim Nonfarm Productivity release at 12:30 GMT could cause a minor move on USD pairs. However, note that during most times the
On Monday, the US Dollar rose by 29 pips or 0.26% against the Japanese Yen. But, the currency pair remained below the 110.40 area during Tuesday's trading session. Economic Calendar On Tuesday, the US Prelim Nonfarm Productivity release at 12:30 GMT could cause a minor move on USD pairs. However, note that during most times the event does not cause
The Pound Sterling edged lower by 45 pips or 0.32% against the US Dollar on Monday. The GBP/USD currency pair tested the weekly S1 at 1.3838 on Tuesday morning. Economic Calendar On Tuesday, the US Prelim Nonfarm Productivity release at 12:30 GMT could cause a minor move on USD pairs. However, note that during most times the event does not cause
On Monday, the Eurozone single currency declined by 32 pips or 0.27% against the US Dollar. The exchange rate tested a four-month low at 1.1730 during Monday's trading session. Economic Calendar Analysis On Tuesday, the US Prelim Nonfarm Productivity release at 12:30 GMT could cause a minor move on USD pairs. However, note that during most times the event does not
The yellow metal's price has plummeted by 6.55% since Friday's trading session. However, the commodity rebounded from a support line at 1686.1 during the Asian session on Monday. Economic Calendar Analysis On Tuesday, the US Prelim Nonfarm Productivity release at 12:30 GMT could cause a minor move on USD pairs. However, note that during most times the event does not cause
On Friday, the US Dollar edged higher by 63 pips or 0.58% against the Japanese Yen. The USD/JPY currency pair tested the 110.40 level during Friday's trading session. Economic Calendar On Tuesday, the US Prelim Nonfarm Productivity release at 12:30 GMT could cause a minor move on USD pairs. However, note that during most times the event does not cause an
On Friday, at 12:30 GMT, the US statisticians published monthly employment data, which caused a surge of the US Dollar. The British Pound declined by 63 pips or 0.45% against the US Dollar during Friday's trading session. The currency pair breached the 55-, 100– and 200– hour SMAs on Friday. Economic Calendar On Tuesday, the US Prelim Nonfarm Productivity release at
On Friday, at 12:30 GMT, the release of US monthly employment data caused a decline, which broke the support at 1.1825. The common European currency declined by 72 pips or 0.61% against the US Dollar during Friday's trading session. Economic Calendar Analysis On Tuesday, the US Prelim Nonfarm Productivity release at 12:30 GMT could cause a minor move on USD pairs. However,
The 100– hour simple moving average provided resistance for the precious metal on Thursday. As a result, the XAU/USD exchange rate fell by 132 pips or 0.73% during Thursday's trading session. Economic Calendar Analysis The week will end with the Friday's release of the US employment data at 12:30 GMT. The event consists of the release of the US Average
On Thursday, the US Dollar surged by 38 pips or 0.35% against the Japanese Yen. A breakout occurred through the upper boundary of a descending channel pattern during yesterday's trading session. Economic Calendar The week will end with the Friday's release of the US employment data at 12:30 GMT. The event consists of the release of the
The GBP/USD currency pair bounced off a support level formed by the 200– hour simple moving average at 1.3883 on Thursday. As a result, the Pound Sterling surged by 54 pips or 0.39% against the US Dollar during yesterday's trading session. Economic Calendar The week will end with the Friday's release of the US employment data at 12:30 GMT. The
The 55– hour simple moving average provided resistance for the EUR/USD currency pair on Thursday. As a result, the common European currency declined by 32 pips or 0.27% against the US Dollar during Thursday's trading session. Economic Calendar Analysis The week will end with the Friday's release of the US employment data at 12:30 GMT. The event consists of
The yellow metal's price tested the 1830.00 level on Wednesday. However, the XAU/USD exchange rate surrendered the earlier gains at the end of Wednesday's trading session. Economic Calendar Analysis The week will end with the Friday's release of the US employment data at 12:30 GMT. The event consists of the release of the US Average Hourly Earnings,
The USD/JPY pair bounced off the lower boundary of a descending channel pattern at 108.80 on Wednesday. As a result, the US Dollar edged higher by 83 pips or 0.77% against the Japanese Yen during Wednesday's trading session. Economic Calendar The week will end with the Friday's release of the US employment data at 12:30 GMT. The
The British Pound declined by 63 pips or 0.45% against the US Dollar on Wednesday. A breakout occurred through the lower boundary of an ascending channel pattern during Wednesday's trading session. Economic Calendar On Thursday, the top event for the GBP is scheduled. At 11:00 GMT, the Bank of England will announce its Asset Purchase Facility, Monetary Policy Report,
During the first half of Wednesday's trading session, the Eurozone single currency surged by 53 pips or 0.45% against the US Dollar. But, the EUR/USD pair surrendered the earlier gains by the end of Wednesday's session. Economic Calendar Analysis The week will end with the Friday's release of the US employment data at 12:30 GMT. The event consists of the