The XAU/USD exchange rate broke the lower line of the rising wedge pattern. It is likely that gold could gain support from the 55- and 100-hour SMAs and appreciate against the US Dollar in the short run. Economic Calendar Analysis The first week of August is going to be relatively busy on the economic calendar. On Wednesday, the US ADP Non-Farm Employment Change data
Since Monday, the USD/JPY currency pair has been trading sideways around the monthly PP at 106.09. It is likely that the pair could gain support from the 55-hour SMA and add to gains in the short run. Economic Calendar The first week of August is going to be relatively busy on the economic calendar. On Wednesday, the US ADP Non-Farm Employment Change data
The GBP/USD exchange rate is squeezed by the 55- and 100-hour moving averages, located circa 1.3050 and 1.3090 respectively. It is unlikely that the rate could decline below the weekly PP at 1.3013. Economic Calendar The first week of August is going to be relatively busy on the economic calendar. On Wednesday, the US ADP Non-Farm Employment Change data is set to be
The EUR/USD currency pair re-tested the support level formed by the Fibo 61.80% at 1.1707. It is likely that the pair could gain support from the 55- and 100-hour SMAs, as well the weekly PP and extend gains in the short run. Economic Calendar Analysis The first week of August is going to be relatively busy on the economic calendar. On Wednesday, the
The XAU/USD exchange rate continued to trade within the rising wedge pattern. From a theoretical point of view, it is likely that a breakout south could occur in the nearest future. Economic Calendar Analysis The first week of August is going to be relatively busy on the economic calendar. On Monday, the Institute for Supply Management is going to publish the US ISM Manufacturing
The USD/JPY currency pair skyrocketed to the monthly PP at 106.09. If the given resistance holds, it is likely that the pair could consolidate in the short run. Economic Calendar The first week of August is going to be relatively busy on the economic calendar. On Monday, the Institute for Supply Management is going to publish the US ISM Manufacturing PMI survey results
The GBP/USD exchange rate failed to exceed the 1.3150 level. It is likely that the rate could gain support from the 100-hour SMA and the weekly PP at 1.3013 and trade sideways in the short run. Economic Calendar The first week of August is going to be relatively busy on the economic calendar. On Monday, the Institute for Supply Management is going to
The EUR/USD currency pair reversed south from the 2020 high located at 1.1903. Given that the pair is pressured by the 55- and 100-hour SMAs, it is likely that some downside potential could prevail. Economic Calendar Analysis The first week of August is going to be relatively busy on the economic calendar. On Monday, the Institute for Supply Management is going to publish
The XAU/USD exchange rate revealed a rising wedge pattern. From a theoretical point of view, it is likely that the rate could trade within the given pattern in the short run. Economic Calendar Analysis The first week of August is going to be relatively busy on the economic calendar. On Monday, the Institute for Supply Management is going to publish the US ISM Manufacturing
The USD/JPY currency pair continues to be under pressure of the 55- and 100-hour SMAs near 105.00. It is likely that some downside potential could prevail in the market. Economic Calendar The first week of August is going to be relatively busy on the economic calendar. On Monday, the Institute for Supply Management is going to publish the US ISM Manufacturing PMI survey
The GBP/USD exchange rate continued to extend gains actively. During Friday morning hours, the rate was consolidating near the 1.3150 level. Economic Calendar The first week of August is going to be relatively busy on the economic calendar. On Monday, the Institute for Supply Management is going to publish the US ISM Manufacturing PMI survey results at 14:00 GMT. Additionally, the US ISM
The EUR/USD currency pair renewed the 2019/2020 maximum at 1.1903. It is likely that the pair could trade sideways between the given level and the monthly R2 at 1.1828. Economic Calendar Analysis The first week of August is going to be relatively busy on the economic calendar. On Monday, the Institute for Supply Management is going to publish the US ISM Manufacturing PMI
The XAU/USD exchange rate failed to exceed the 1,970.00 level. Yellow metal could gain support from the 55-hour SMA and trade upwards in the short run. Economic Calendar Analysis On Thursday, pay attention to the US Advance GDP and the weekly US Unemployment Claims that should be published at 12:30 GMT. Click on the link below to find out more about the data
The USD/JPY currency pair consolidated near the Fibo 23.60% at 105.03. Given that the pair is pressured by the 55- and 100-hour SMAs, it is likely that some downside potential could prevail. Economic Calendar On Thursday, pay attention to the US Advance GDP and the weekly US Unemployment Claims that should be published at 12:30 GMT. Click on the link below to
The GBP/USD exchange rate exceeded the weekly R2 at 1.2992. It is likely that some upside potential could prevail in the market, as the rate is supported by the 55-hour SMA. Economic Calendar On Thursday, pay attention to the US Advance GDP and the weekly US Unemployment Claims that should be published at 12:30 GMT. Click on the link below to find
The EUR/USD currency pair touched the 1.1800 level. During Thursday morning hours, the pair was testing the support formed by the 55-hour SMA and the weekly R1 at 1.1742. Economic Calendar Analysis On Thursday, pay attention to the US Advance GDP and the weekly US Unemployment Claims that should be published at 12:30 GMT. Click on the link below to find out more
The XAU/USD exchange rate has been consolidating near 1,960.00 since Tuesday evening. Yellow metal could gain support from the 55-hour SMA and trade upwards in the short run. Economic Calendar Analysis Notable macroeconomic events are set to start with the biggest and most important of them all, the Federal Reserve is scheduled to make a Rate Statement and Rate Announcement on Wednesday,
The USD/JPY currency pair declined below the 105.00 level. It is likely that some downside potential could prevail in the market, as the pair is pressured by the 55-hour SMA. Economic Calendar Notable macroeconomic events are set to start with the biggest and most important of them all, the Federal Reserve is scheduled to make a Rate Statement and Rate Announcement on
The GBP/USD exchange rate increased its gains and exceed the 1.2950 level. Meanwhile, note that the rate could face the resistance level formed by the weekly R2 at 1.2992. Economic Calendar Notable macroeconomic events are set to start with the biggest and most important of them all, the Federal Reserve is scheduled to make a Rate Statement and Rate Announcement on Wednesday,
The EUR/USD currency pair exceeded the weekly R1 at 1.1742. Given that the pair is supported by the 55-hour moving average near 1.1730, it is likely that some upside potential could prevail in the market. Economic Calendar Analysis Notable macroeconomic events are set to start with the biggest and most important of them all, the Federal Reserve is scheduled to make a
The surge of the metal reached the 1,980.00 level. From this level the price began a decline, which on Tuesday reached the 1,910.00 level. During the decline, the pair passed the support of the 55-hour simple moving average, which did not manage to stop the decline. Economic Calendar Analysis Notable macroeconomic events are set to start with the biggest and most important of
The USD/JPY has been consolidating by trading sideways near the weekly S1 simple pivot point at 105.37. Moreover, on Tuesday, the rate retraced back up to the 55-hour simple moving average. Economic Calendar Notable macroeconomic events are set to start with the biggest and most important of them all, the Federal Reserve is scheduled to make a Rate Statement and Rate Announcement
The GBP/USD increased its gains and reached the 1.2900 level. The 1.2900 was tested three times before a decline began on Tuesday. However, by the middle of the day's GMT trading hours, the decline was stopped by the 1.2850 level. Economic Calendar Notable macroeconomic events are set to start with the biggest and most important of them all, the Federal Reserve is
The EUR/USD currency exchange rate declined on Tuesday, as it had bounced off the resistance of the 1.1780 level. During its decline, the rate passed one technical resistance after another and approached the 1.1700 level. Economic Calendar Analysis Notable macroeconomic events are set to start with the biggest and most important of them all, the Federal Reserve is scheduled to make