The yellow metal found support in the 1,735.00 level and surged. At mid-day on Thursday, the commodity price was testing the resistance zone, which was located just below the 1,750.00 mark. Note that this is the second attempt being made during this week's trading. In general, the future forecasts still remain upon whether or not the resistance zone holds. Economic Calendar Analysis On
On Thursday, the USD/JPY currency exchange rate passed the support of the 108.80 level. It occurred, as the 55-hour simple moving average approached the rate from above. In the near term future, the rate was expected to decline. Economic Calendar On Thursday, the US Retail Sales and Core Retail Sales are also bound to influence the value of the US Dollar. The
Since Wednesday's early trading hours, the GBP/USD has fluctuated between the 1.3800 mark and the 55-hour simple moving average, which had been pushing the rate up. The situation was expected to end with a squeeze in between the two mentioned levels. Economic Calendar On Thursday, the US Retail Sales and Core Retail Sales are also bound to influence the value of the
The EUR/USD has passed the resistance of the weekly R1 simple pivot point at 1.1974. However, by the middle of European trading hours, the rate had not reached the 1.2000 level. In the near term future, the rate was expected to reach the 1.2000 mark and test its resistance. Economic Calendar Analysis On Thursday, the US Retail Sales and Core Retail Sales are
The sharp surge of the yellow metal's price ended just before the metal reached the 1,750.00 level. Since the middle of Tuesday's trading, the price was trading sideways between the 100-hour simple moving average and the 1,750.00 level. Economic Calendar Analysis On Thursday, the US Retail Sales and Core Retail Sales are also bound to influence the value of the US Dollar. Click
The USD/JPY passed the support of the previous April low levels on Tuesday. Moreover, the currency exchange rate passed the support of the weekly S1 simple pivot point at 108.87. The decline ended with the rate finding support in 108.80. Economic Calendar On Thursday, the US Retail Sales and Core Retail Sales are also bound to influence the value of the US
The GBP/USD currency exchange rate broke the resistance of the weekly simple pivot point, the 200-hour simple moving average and the resistance zone of the recent April high levels. It resulted in the rate testing the resistance of the 1.3800 mark. On Wednesday, the rate had bounced off the 1.3800 level and was heading to the support of the 55
During Tuesday's afternoon, the EUR/USD broke the resistance cluster near the 1.1940 level. By the middle of Wednesday's trading hours, the currency exchange rate had reached the resistance of the weekly R1 simple pivot point at 1.1974. Economic Calendar Analysis On Thursday, the US Retail Sales and Core Retail Sales are also bound to influence the value of the US Dollar. The rate
The DUK+/EUR currency exchange rate remains below the wall of sell orders at 3.5100. However, it can be spotted that on some days dips to the 3.5000 level have occurred. In regards to the sell order wall, it has increased. On April 13, 8,211.00 coins were set to be sold at 3.5100. Previously, on April 6, at this level there
On Tuesday, the USD/JPY continued to fluctuate near the 109.50 level. However, the rate traded in a wide range and ignored the 55 and 100-hour simple moving averages. Namely, these indicators could not be used for guidance. In the meantime, the 109.14 level provided the rate with support. Together with the 109.00 level the 109.14 mark make up a newly
Since the middle of Monday's trading, the GBP/USD has been fluctuating sideways between the support of the zone near 1.3720 and the 55-hour simple moving average and the resistance of the weekly simple pivot point at 1.3766 and the April 8 and 12 high levels. Economic Calendar On Tuesday, the US Consumer Price Index and Core Consumer Price Index could cause
By the middle of Tuesday's trading hours, the EUR/USD had remained near the 1.1900 level. The rate has been trading between the 1.1920 level and the support zone at 1.1890/1.1870 since Friday. Economic Calendar Analysis On Tuesday, the US Consumer Price Index and Core Consumer Price Index could cause moves on all USD assets and pairs. The EUR/USD has moved from 8.7
On Tuesday, the yellow metal's price bounced off the support zone of the 1,720.00/1,725.00 levels. As soon as the price managed to pass the short term resistance of the 200-hour simple moving average, the price sharply surged. Economic Calendar Analysis On Tuesday, the US Consumer Price Index and Core Consumer Price Index could cause moves on all USD assets and pairs. On
The price for gold started the week by trading below the resistance of the 55 and 100-hour simple moving averages and the 1,745.50/1,747.50 zone. Economic Calendar Analysis On Tuesday, the US Consumer Price Index and Core Consumer Price Index could cause moves on all USD assets and pairs. On Thursday, the US Retail Sales and Core Retail Sales are also bound to
The recovery of the USD/JPY encountered resistance just below the 110.00 mark. The resistance zone below the 110.00 level kept the rate down during the previous week. On Monday, the currency exchange rate declined and reached the support of the previously passed zone above the 109.20 level. Economic Calendar On Tuesday, the US Consumer Price Index and Core Consumer Price Index could
On Monday morning, the GBP/USD once again found support in the March and April low levels at 1.3670. It resulted in a surge, which passed the resistance of the 55-hour simple moving average and the resistance zone above the 1.3720 level. In the near term future, the rate was expected to test the combined resistance of the weekly simple pivot
The EUR/USD started the week by once again confirming the support of the 1.1890/1.1870 zone. It was followed up by another surge, which could test the resistance of the March 22 high levels near 1.1940. Economic Calendar Analysis On Tuesday, the US Consumer Price Index and Core Consumer Price Index could cause moves on all USD assets and pairs. The EUR/USD has moved
During the late hours of Thursday's trading, the price for gold reached above the 1,755.00 level, which is the high level of March. However, a follow up surge did not occur. Instead, the commodity price declined after sideways trading in the 1,755.00 and 1,759.00 zone. Due to that reason this zone is now marked on the chart as a potential
On Thursday, the currency exchange rate declined below the zone of 109.38/109.23. It eventually found support in the 109.00 level and started a recovery. During the morning hours of Friday's European trading, the USD/JPY had almost reached the resistance of the 109.60 level and the 55-hour simple moving average. Economic Calendar Notable events for this week are over. Next week, on Tuesday,
During the early hours of Friday's trading, the GBP/USD passed the support zone above the 1.3720 level. This support kept the rate up since the middle of Wednesday's trading. The failing of the support resulted in a sharp move down. In the near term future, the rate was expected to test the support of the March low levels in the
On Thursday, the support of the 55-hour simple moving average managed to push the EUR/USD up, as just before mid-day the rate started a surge. However, on Friday morning the rate bounced off the 1.1920 level and retraced back to the combined support of the 55-hour SMA and the zone near 1.1880. Economic Calendar Analysis Notable events for this week are over. Next
As expected, the yellow metal found support in the 55-hour simple moving average, which pushed the rate into another test of the resistance zone that is located above the 1,745.00 mark. By the middle of Thursday's GMT trading hours, a test of the resistance zone was ongoing. Economic Calendar Analysis Notable events for this week are over. Expect the next week's event analysis
During early hours of Thursday's trading, the USD/JPY ended trading sideways between two zones. The end of the consolidation was caused by the catching up of the 55-hour simple moving average from above. The SMA provided the rate with resistance, which was strong enough to push the rate through the support of the 109.60 level. Economic Calendar Notable events for this week
On Wednesday, the resistance of the 55 and 100-hour simple moving averages was enough for the rate to decline and break the channel up pattern. Moreover, the weekly S1 simple pivot point was ignored during the decline. In the meantime, note that the currency exchange rate passed the support of the hourly simple moving averages, the weekly simple pivot point