On Friday morning, the rate returned to trade above the 1,900.00 level. Namely, the commodity price was fluctuating between the 1,905.00 and 1,910.00 levels. In the near term future, the metal was expected to continue to respect round price levels. Economic Calendar Analysis On Friday, the US Retail Sales data is capable of causing slight increases of above normal volatility. However, in most
On Friday, the USD/JPY traded near the 105.20/105.30 zone. In the meantime, the rate had showed that it was not impacted by the 55 and 100-hour simple moving averages. Economic Calendar On Friday, the US Retail Sales data is capable of causing slight increases of above normal volatility. However, in most cases the market barely reacts to this data. Namely, there
On Friday morning, the GBP/USD was heading for the resistance of the 55 and 200-hour simple moving averages that were located above the 1.2950 mark. In the near term future, the rate was expected to test these technical levels. Economic Calendar On Friday, the US Retail Sales data is capable of causing slight increases of above normal volatility. However, in most cases
On Thursday, the EUR/USD eventually managed to pierce the support of the 1.1707 level, where a 61.80% Fibonacci retracement level was located at. However, it did not result in a larger decline, as the 1.1690 level provided support. By the middle of Friday's GMT trading hours, the rate was trading sideways near 1.1700. Economic Calendar Analysis On Friday, the US Retail
Despite passing technical levels that were located from 1,904.00 to 1,910.00, the yellow metal's price did not surge, as it was expected. Instead, the rate declined back below 1,900.00. On Thursday morning , the price appeared to be kept down by the resistance of the 55 and 200-hour simple moving averages. Economic Calendar Analysis On Thursday, the weekly US Unemployment Claims will be
The USD/JPY reached the 23.60% Fibonacci retracement level at 105.03, as it was expected. Afterwards, the Fibo caused a surge, which retraced back up to the resistance of the pivot point and 55-hour SMA near 105.35. Economic Calendar On Thursday, the weekly US Unemployment Claims will be out at 12:30 GMT. Since September, the publication caused moves of 4.2 to 14.8 pips. On
In the aftermath of Wednesday's sharp surge, the GBP/USD began a retracement back down. By the middle of Thursday's GMT trading hours, the rate had reached the 1.2940 level. On Wednesday, October 14, the British Pound extended gains against the US Dollar. The GBP/USD exchange rate gained 1.39%. It is likely that the Pound has been appreciating, as the
The resistance of the 200-hour SMA kept the rate down on Wednesday until the 55-hour SMA approached and caused a drop. On Thursday morning, the rate's drop reached the support of the 61.80% Fibonacci retracement level at 1.1707. Economic Calendar Analysis On Thursday, the weekly US Unemployment Claims will be out at 12:30 GMT. The EUR/USD has started to ignore this
In the aftermath of the jump to the 1.1950 the DUK+/EUR exchange rate has been trading flat since October 8 in the 1.5600/1.5800 zone. In the meantime, it was spotted that there are no close by significant sell order clusters. Daily Candle Chart On the daily candle chart, the rate is squeezed in between the 55 and 100-day simple moving averages. In the
After once again finding support in the 1,885.00 level, the yellow metal's price has resumed its surge. Moreover, at Wednesday noon, the price passed technical resistance levels that were located from 1,905.00 to 1,910.00. In the near term future, the metal was expected to continue to surge and test the resistance of 1,925.00 and 1,930.00. Economic Calendar Analysis On Thursday, the weekly US
At mid-day on Wednesday, the USD/JPY currency exchange rate dropped below the pivot points that had kept it up throughout this week. In the near term future, the currency exchange rate was expected to reach for the 105.00 mark, where a 23.60% Fibonacci retracement level was located at. Economic Calendar On Thursday, the weekly US Unemployment Claims will be out at 12:30
On Wednesday, it was announced that the Prime Minister of the United Kingdom Boris Johnson would prolong the deadline of the UK and EU trade talks. The announcement caused a 150 pip surge. A detailed report was set to be published in the Expert Commentary section. Economic Calendar On Thursday, the weekly US Unemployment Claims will be out at 12:30 GMT.
The EUR/USD broke the channel up pattern in a sharp move during Tuesday's GMT trading hours. On Wednesday, the rate traded sideways before starting a retracement back up. Economic Calendar Analysis On Thursday, the weekly US Unemployment Claims will be out at 12:30 GMT. The EUR/USD has started to ignore this release since the middle of September. Since then, the publication
The most recent surge of the yellow metal found resistance in a round price level. Namely, the 1,930.00 price mark stopped the metal's surge. During Monday's European trading hours, the commodity price was expected to consolidate by trading sideways or declining. Economic Calendar Analysis The week's notable events are set to start on Tuesday. At 12:30 GMT, the US Consumer Price Index could
On Friday, the rate failed to recover, as the 55-hour SMA provided resistance and caused a decline below the 100-hour SMA. On Monday morning, the decline continued, as the rate had reached the 105.45 level. In addition, the rate had no technical support as low as 105.34. Economic Calendar The week's notable events are set to start on Tuesday. At 12:30
On Monday morning, the GBP/USD bounced off the resistance of the channel up pattern and passed the support of the monthly pivot point at 1.3028. In the near term future, the pair was expected to reach for the support of the weekly simple pivot point and the 55-hour simple moving average near 1.2980. Economic Calendar The week's notable events are set to
On its fourth attempt on Friday, the EUR/USD passed the resistance of the monthly pivot point at 1.1782. This event resulted in a surge that reached the upper trend line of the channel up pattern near 1.1830. On Monday, the rate started the week's trading by fluctuating sideways near the 1.1820 mark. Economic Calendar Analysis The week's notable events are set
On Friday morning, the yellow metal's price was once again heading to the resistance of the 1,920.00 mark. In the case of this level being passed, the price would test each round price level as a resistance, as there are no technical resistance levels above the 1,920.00 mark as far as 1,970.00. Economic Calendar Analysis The week's notable events are set to start
The USD/JPY ended trading flat at the 106.00 level at GMT midnight between Thursday and Friday. The rate drooped to the support of the 100-hour simple moving average at the 105.80 level, from which it began a recovery. Economic Calendar The week's notable events are set to start on Tuesday. At 12:30 GMT, the US Consumer Price Index could cause a noteworthy
The speech of the Governor of the Bank of England Bailey on Thursday morning caused a decline of the GBP/USD. However, the decline was stopped by the lower trend line of the channel up pattern and a pivot point at 1.2890. On Friday morning, the rate had returned to the 1.2960 level and once again had no resistance as high
On Friday morning, the EUR/USD once again failed to pass the resistance of the monthly pivot point at 1.1782. In the meantime, take into account that on Thursday the rate had retreated to the lower trend line of the channel up pattern and the 200-hour simple moving average. Economic Calendar Analysis The week's notable events are set to start on Tuesday. At
On Thursday, the yellow metal traded below the 1,900.00 level. In the meantime, the rate appeared to be finding support in the 1,885.00 level. In regards to the near term future, the chart of the commodity price could be impacted by the 55 and 100-hour simple moving averages. Economic Calendar Analysis On Thursday, as always the US Unemployment Claims at 12:30 GMT might
Since Wednesday morning, the USD/JPY currency exchange rate has been fluctuating around the 106.00 level. It was spotted that the rate had the support of the 105.94 level and the resistance of 106.09. The rate could continue to trade sideways until it is approached by the hourly simple moving averages, which caused the breaking of the pivot point at 105.77. Economic
Despite piercing the lower trend line of a channel up pattern on Wednesday, the rate managed to find support at 1.2850 and surge. During Thursday's European morning trading hours, the currency exchange rate had passed the resistance of two SMAs and was surging above the 1.2950 level. Economic Calendar On Thursday, as always the US Unemployment Claims at 12:30 GMT might cause