The USD/JPY has jumped, as the currency exchange rate has passed almost all technical resistance levels. At mid-day on Thursday, the currency exchange rate was consolidating by trading sideways between the 104.22 and 104.37 levels. Economic Calendar On Thursday, January 28, the US Advance GDP data is set to be released at 13:30 GMT. Also, the US Unemployment Claims data will
The GBP/USD has once again retreated to the lower trend line of the ascending wedge pattern. This time, the trend line was reached near the 1.3640 mark. The future scenarios depended on whether or not the trend line holds. Economic Calendar On Thursday, January 28, the US Advance GDP data is set to be released at 13:30 GMT. Also, the US Unemployment
Since the middle of Wednesday's trading hours, the EUR/USD has traded sideways in a 50 pip range between 1.2130 and 1.2080. In the near term future, the sideways trading was expected to continue. Economic Calendar Analysis On Thursday, January 28, the US Advance GDP data is set to be released at 13:30 GMT. Also, the US Unemployment Claims data will be published
After holding for eight hours on Tuesday, the support of the ascending wedge pattern broke. This resulted first in trading above the 1,850.00 mark, and afterwards a decline. By the middle of Wednesday's GMT trading hours, the commodity price had reached below the 1,845.00 level. Economic Calendar Analysis On Wednesday, January 27, the Federal Reserve is going to unveil its monetary policy
The USD/JPY has found support above the 103.50 mark and surged above the hourly simple moving averages, the trend line of the descending pattern and a pivot point. Economic Calendar On Wednesday, January 27, the Federal Reserve is going to unveil its monetary policy plans by publishing the FOMC Statement at 19:00 GMT. On Thursday, January 28, the US Advance GDP data
On Wednesday morning, the GBP/USD currency exchange rate traded in the range between the 1.3720 and 1.3760 levels. In the near term future, the currency pair had more than a couple of possible future scenarios. Economic Calendar On Wednesday, January 27, the Federal Reserve is going to unveil its monetary policy plans by publishing the FOMC Statement at 19:00 GMT. On Thursday,
During Tuesday's trading hours the EUR/USD currency exchange rate revealed that it can no longer be impacted by the hourly simple moving averages. Meanwhile, the rate showed that it respects the support and resistance of round exchange rate levels. On Wednesday morning, the pair had retreated and once again tested the support of the 1.2120 level. Economic Calendar Analysis On Wednesday, January 27,
Since the start of Monday's trading hours, the yellow metal has been trading above the support of the 200-hour simple moving average and the 1,850.00 level. In the meantime, resistance was provided by the 1,860.00 level and two technical levels that strengthened it. Economic Calendar Analysis On Wednesday, January 27, the Federal Reserve is going to unveil its monetary policy plans by
Despite the USD/JPY piercing the trend line of the 2021 high levels, the rate returned to trade below it on Tuesday. During the day's afternoon hours, the pair bounced off the trend line and passed four technical support levels. In regards to the near term future, the rate was expected to continue to decline a slow as 103.50. Economic Calendar On Wednesday,
The GBP/USD eventually reached the lower trend line of the rising wedge pattern. The trend line provided enough support for a sharp surge to occur. By the middle of Tuesday's trading, the rate had reached the 1.3700 mark. In the near term future, the rate was expected to test the resistance of the 1.3720 mark and afterwards the 1.3740 level. Economic
On Tuesday morning, the EUR/USD currency exchange rate revealed that the support of the 200-hour SMA is incapable of keeping the rate up. Namely, the rate passed the support and touched the 1.2110 level. By the middle of the day's European trading hours, the currency exchange rate had bounced off the 1.2110 level and retraced up to the 1.2140 mark. Economic Calendar
The most noteworthy updated aspect of the DUK+/EUR currency exchange rate is the lack of buy and sell orders at dukascoin.com. Meanwhile, during the previous week, the situation by far has remained unchanged. With the exception of one spike up on January 14, the DUK+/EUR currency exchange rate has continued to fluctuate almost flat. Namely, the rate has been trading in the
By the start of Monday's US trading hours, the price for gold had found support in the 200-hour simple moving average and had surged above technical resistance levels. Economic Calendar Analysis On Wednesday, January 27, the Federal Reserve is going to unveil its monetary policy plans by publishing the FOMC Statement at 19:00 GMT. On Thursday, January 28, the US Advance GDP data
On Monday, the USD/JPY bounced off the resistance line that can be drawn by connecting the January high levels. Afterwards, the pair found support in the hourly simple moving averages. In the meantime, a declining wedge pattern was charted on the rate's hourly candle chart. Economic Calendar On Wednesday, January 27, the Federal Reserve is going to unveil its monetary policy plans
On Monday, the GBP/USD started the week's trading by being impacted by the hourly simple moving averages. In addition, the rate respected the resistance of the 1.3720 round exchange rate level. At mid-day, the near term future was dependant on whether or not the support of the 100-hour simple moving average pushes the rate up. Economic Calendar Most of notable events are
On Monday morning, the EUR/USD currency exchange rate bounced off the resistance of the 1.2180/1.2190 zone. This resulted in a decline to the support of three technical levels near 1.2140. By the middle of the day's GMT trading hours, the price had recovered to the 55-hour simple moving average, which was located at the 1.2163 mark. Economic Calendar Analysis Most of notable
During today's early hours, the XAU/USD exchange rate declined to the support provided by the 100- and 200-hour SMAs near 1,850.00. Economic Calendar Analysis On Friday, the US Services and Manufacturing PMIs could cause a notable adjustment in the USD value. Next week is going to be relatively calm in regards of the economic calendar. Most of notable events are expected from the
Since Friday morning hours, the USD/JPY has been testing the 100-hour moving average near 103.70. If the given resistance holds, the pair could bounce off and target the 103.30 mark. Economic Calendar On Friday, the US Services and Manufacturing PMIs could cause a notable adjustment in the USD value. The USD/JPY had moved from 3.0 to 28.6 pips on the release since
The GBP/USD exchange rate continues to follow the rising wedge pattern. From a theoretical perspective, the rate could re-test the lower pattern line and continue to move within the given pattern. Economic Calendar The Friday will end with the US Manufacturing and Services PMIs at 14:45 GMT. The GBP/USD has moved from 7.8 to 35.5 pips on the release. The next week is
Since Friday early hours, the EUR/USD currency pair has been testing the weekly R2 at 1.2185. If the given resistance holds, the pair could bounce off the weekly PP at 1.2130. Economic Calendar Analysis This week will end with the US Manufacturing and Services PMIs at 14:45 GMT.The next week is expected to be relatively calm in regards of the economic calendar. Most
Since Wednesday evening, the XAU/USD exchange rate has been consolidating near the 1,875.00 level. Economic Calendar Analysis On Thursday, at 13:30 GMT, expect the weekly US Unemployment Claims. Next week, data releases, which could impact the USD/JPY start on Thursday. At 13:30 GMT, the weekly US Unemployment Claims are set to be published. On Friday, the US Services and Manufacturing PMIs
The USD/JPY currency pair breached the symmetrical triangle pattern. Given that the pair is pressured by the 55-, 100- and 200-hour SMAs, some downside potential could prevail. Economic Calendar This week, data releases, which could impact the USD/JPY start on Thursday. At 13:30 GMT, the weekly US Unemployment Claims are set to be published. The rate has moved only from 3.6 to
During Thursday morning hours, the GBP/USD exchange rate has been testing the upper line of the rising wedge pattern. From a theoretical point of view, some downside potential could prevail. Economic Calendar On Thursday, at 13:30 GMT, a minor move could be caused by the weekly US Unemployment Claims. This event has caused GBP/USD moves from 8.8 to 45.7 pips since December
The EUR/USD currency pair continues to trade within the medium-term descending trend. From a theoretical perspective, it is likely that some downside potential could prevail in the market. Economic Calendar Analysis This week, the top event for the EUR/USD is set to occur.On Thursday, at 12:45 GMT the ECB Main Refinancing Rate is scheduled to be published. In addition, at the same time