The 1.1820 level provided enough support to the EUR/USD currency exchange rate for it to surge and once again test the resistance of the 1.1890 level. On Friday, the rate had bounced off this level and declined to the 1.1850 mark. Economic Calendar Analysis Next week, the top of the tops day will be Monday. On that day, Markit PMIs are scheduled
On Thursday, the yellow metal traded between the 1,860.00 and 1,865.00 levels. In the meantime, the simple moving averages were located above the commodity price. Economic Calendar Analysis On Thursday, expect the usual US Unemployment Claims at 13:30 GMT. Click on the link below to find out more about the data releases of this and other currency exchange rates. 16.11-20.11 Event Historical Reactions XAU/USD short-term
On Wednesday, the USD/JPY's decline reached a new low level, as the rate touched the 103.65 level. However, after trading sideways, the rate began a recovery on Thursday, which reached the resistance of the 104.20 Economic Calendar On Thursday, expect the usual US Unemployment Claims at 13:30 GMT. Click on the link below to find out more about the data releases of
The surge of the GBP/USD continued until it reached the resistance of the weekly R1 simple pivot point at 1.3310. At mid-day on Thursday, the currency exchange rate had reached the support of the weekly PP at 1.3208. After reaching the weekly PP, the rate traded between the pivot point and the 55-hour simple moving average. Economic Calendar On Thursday, expect the
On Wednesday, the EUR/USD currency exchange rate failed to pass the resistance of the 1.1890 level, which provided enough resistance for the pair to start a decline. By the middle of Thursday's GMT trading hours, the currency exchange rate had reached below all close by technical support levels and touched the 1.1820 mark. Economic Calendar Analysis On Thursday, expect the usual US
The yellow metal experienced a sharp drop on Monday, which was followed by an immediate recovery. The event was attributed to the announcement of another coronavirus vaccine. In regards to the near term future, the metal was being affected by both round price levels and the hourly simple moving averages. Economic Calendar Analysis Notable data releases start on Tuesday. At 13:30 GMT, expect
On Monday, the USD/JPY currency exchange rate experienced a sharp move upwards, which was caused by the announcement of another, more effective coronavirus vaccine. However, afterwards the rate retraced back down to the 104.50 level. Moreover, by the middle of Tuesday's GMT trading hours, the rate had reached a new low level, as the 104.25 mark was providing support. Economic Calendar Notable
As forecast, the GBP/USD currency exchange rate surge on Monday. However, the surge was caused by the 55-hour SMA instead of the 200-hour SMA. In the meantime, the rate has revealed a channel up pattern, which has guided the rate since Friday. Economic Calendar Notable data releases start on Tuesday. At 13:30 GMT, expect the US Retail Sales data sets to
The support of the hourly moving averages managed to push the EUR/USD up. By the middle of Tuesday's European trading hours, the pair had passed the resistance zone near the 1.1870 level. Meanwhile, analysts spotted a channel up pattern on the chart, which captures the rate's surge that has been occurring since November 11. Economic Calendar Analysis Notable data releases start on
Throughout the last week, the DUK+/EUR currency exchange rate traded between the support of the 100-day simple moving average and the resistance of the 55-day SMA. This week, the rate could end the sideways trading, as some trader had set up a notable amount of sell orders at the 1.6000 mark, which is between the SMAs. Daily Candle Chart On the daily
At mid-day on Monday, the price for hold plummeted from 1,890.00 to 1,865.00. The move was forecast in the short term daily review. In regards to the near term future, the metal had no technical support. However, the 1,860.00 level could provide support. Economic Calendar Analysis Notable data releases start on Tuesday. At 13:30 GMT, expect the US Retail Sales data sets
The decline of the USD/JPY currency exchange rate has continued, as on Monday, the pair touched the 104.40 level. Meanwhile, the rate had passed all technical resistance levels, which could provide support as low as 103.39. Economic Calendar Notable data releases start on Tuesday. At 13:30 GMT, expect the US Retail Sales data sets to slightly increase USD volatility. On Thursday, expect the
On Monday, after touching the 1.3240 level, the GBP/USD currency exchange rate declined to the support of the 55-hour SMA. Meanwhile, the rate was being approached by the support of the 200-hour simple moving average. Due to that reason the forecast of a surge was favoured. Economic Calendar Notable data releases start on Tuesday. At 13:30 GMT, expect the US Retail Sales
On Monday, the EUR/USD reached the 1.1870 level, from which it bounced off to retreat to the new weekly simple pivot point at 1.1835. In the meantime, the currency exchange rate was being approached by the support of the 55, 100 and 200-hour simple moving averages. Economic Calendar Analysis Notable data releases start on Tuesday. At 13:30 GMT, expect the US Retail
The price for hold passed the resistance of the 55-hour SMA, but it did not result in a surge, as the price continued to trade sideways just above the SMA. On Friday, the price was approached by the resistance of the 100-hour simple moving average. Economic Calendar Analysis On Friday, the US Producer Price Indices are scheduled to be released at 13:30 GMT. Next
The hourly simple moving averages did not manage to provide enough support for the USD/JPY currency exchange rate to pass the resistance of the 105.65 level. On Friday, the rate had retreated to trade below the 105.00 mark. Economic Calendar On Friday, the US Producer Price Indices are scheduled to be released at 13:30 GMT. The USD/JPY has moved from 4.7 to
As expected, on Thursday, the GBP/USD reached the support of the 200-hour simple moving average. At the 1.3100/1.3120 level. This resulted in a surge, which by the middle of Friday's trading reached the resistance of the 55 and 100-hour simple moving average near 1.3190. Economic Calendar On Friday, the US Producer Price Indices are scheduled to be released at 13:30 GMT. The
On Friday morning, the EUR/USD traded sideways above the 1.1800 mark. However, the rate had passed the resistance of the 100-hour SMA. In addition, the pair was being approached by the support of the 200-hour SMA. In regards to the near term future, the currency exchange rate was expected to surge due to the support of the 55 and 200-hour
The price for gold has been reached by the resistance of the 55-hour simple moving average, which began to provide resistance. By the middle of Thursday's GMT trading hours, the SMA kept the price of gold trading sideways near 1,870.00. Economic Calendar Analysis On Thursday, at 13:30 GMT USD pairs could move because of the release of the US Consumer Price Index
The USD/JPY currency exchange rate made an attempt to pass the post Pfizer vaccine surge high. The pair failed at this and returned to trade below 105.50. In the meantime, the 55-hour simple moving average had caught up with the rate. Economic Calendar On Thursday, at 13:30 GMT USD pairs could move because of the release of the US Consumer Price Index
On Thursday, the GBP/USD currency exchange rate retreated to trade below the 100-hour simple moving average. The SMA was providing resistance at the 1.3200 level. In the meantime, the currency exchange rate had no technical support as low as the 1.3100 level, where the 200-hour SMA was located at. Economic Calendar On Thursday, at 13:30 GMT USD pairs could move because of
On Thursday, the EUR/USD surged, as it found support in the 1.1760 level. In the meantime, note that the 1.1750 stopped the rate's Wednesday's decline. By the middle of Thursday's European trading hours, the EUR/USD passed the resistance of the weekly pivot point at 1.1790 and the 55-hour SMA at 1.1798. Next resistance was the 100-hour SMA. Economic Calendar Analysis During the
The yellow metal has been trading sideways between 1,870.00 and 1,890.00 since the coronavirus vaccine caused drop. However, on Wednesday the commodity price was being approached by the resistance of the 55-hour simple moving average. Economic Calendar Analysis On Thursday, at 13:30 GMT USD pairs could move because of the release of the US Consumer Price Index and the Unemployment Claims. On Friday, the
The USD/JPY currency exchange rate has continued to trade sideways between 105.00 and 105.50 since the fundamental surge that occurred on Monday. In regards to the near term future, the rate was expected to receive support from the 55-hour SMA. Economic Calendar On Thursday, at 13:30 GMT USD pairs could move because of the release of the US Consumer Price Index and