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
The DUK+/EUR exchange rate has been trading sideways since it reached the 1.5100/1.5200 level. The rate has been kept up by the monthly simple pivot point and the psychological support of the 1.5000 mark. Daily Candle Chart On the technical daily candle chart, the rate might face the resistance of the 55-day simple moving average at 1.5290. Meanwhile, the rate is being
Another new high level has been reached by the yellow metal, as the 1,945.00 mark was touched on Monday. In the near term future, the metal could reach for the psychological resistance of the 1,950.00 mark. However, the price has surged in a too sharp angle, which indicates that it could first consolidate by trading sideways. Economic Calendar Analysis Notable macroeconomic events are
By the middle of Monday's GMT trading hours, the pair had reached the 1.2880 level. Its surge was stopped by the resistance of the daily candle chart's channel up pattern's upper trend line. In theory, the rate should consolidate by trading sideways or declining. Economic Calendar Notable macroeconomic events are set to start with the biggest and most important of them all,
On Monday, the EUR/USD continued to gain ground against the US Dollar, as it reached above the 1.1750 level. In addition, the currency exchange rate had no technical resistance as high as the 1.1828 level. However, it was expected that the 1.1800 level could provide psychological resistance. Economic Calendar Analysis Notable macroeconomic events are set to start with the biggest and most
On Friday, the yellow metal was making a second attempt to pass the resistance of the 1,898.50 mark. In theory, the rate could pass this level as soon as the 55-hour SMA comes closer to the commodity price. Economic Calendar Analysis There are no more notable events scheduled for this week. Next week, notable macroeconomic events are set to start with the biggest
The USD/JPY has sharply declined, as by the middle of Friday's GMT trading the currency exchange rate had reached the 106.20 level. In the meantime, the pair was testing the support of the weekly S2 simple pivot point. Economic Calendar There are no more notable events scheduled for this week. Next week, notable macroeconomic events are set to start with the biggest
The GBP/USD has continued to trade between the resistance of the weekly R2 at 1.2758 and the support of the 55-hour SMA and a monthly pivot point at 1.2727. In the meantime, the currency exchange rate revealed minor scale channel down pattern, whose resistance line could push the rate down. Economic Calendar There are no more notable events scheduled for this week.
A new high level has been reached by the EUR/USD. However, the new high level, namely the 1.1620, provided resistance and stopped three attempts of the rate to move higher. In the meantime, take into account that the 55-hour SMA provided support of the most recent surge. In addition, on Friday, the SMA was located near the 1.1580 level and
The surge of the yellow metal continues, as it broke the resistance of the 1,860.00 level. By the middle of Thursday's GMT trading the rate had almost reached the 1,890.00 mark. In theory, the surge could continue to the historical high of 1,912.40. Economic Calendar Analysis On Thursday, the US Unemployment Claims data is set to be published at 12:30 GMT. On Friday, the
The USD/JPY managed to pass the resistance of the pivot point and three hourly simple moving averages. The move was expected, as these technical levels had also failed on Tuesday. However, on Thursday, the 100 and 200-hour SMAs began to provide support to the currency exchange rate. Economic Calendar On Thursday, the US Unemployment Claims data is set to be published at
Since the middle of Wednesday's GMT trading hours, the GBP/USD traded sideways between a pivot point at 1.2727 and the 1.2750 level. In the meantime, the currency exchange rate revealed minor scale channel down pattern, whose resistance line could push the rate down. Economic Calendar On Thursday, the US Unemployment Claims data is set to be published at 12:30 GMT. On Friday, the
The surge of the EUR/USD reached the 1.1600 mark on Wednesday. On Thursday morning, the rate continued to trade this resistance level. The resistance of the round price level could be passed as soon as the rate ends its consolidation and the 55 and 100-hour SMA move closer to it. Economic Calendar Analysis On Thursday, the US Unemployment Claims data is set
A new high level has been reached by the yellow metal. Namely, it has reached the resistance of a monthly pivot point at 1,861.50. On Wednesday, the commodity price was consolidating its gains and made attempts to pass the resistance. Economic Calendar Analysis On Thursday, the US Unemployment Claims data is set to be published at 12:30 GMT. On Friday, the US Manufacturing and
On Wednesday, the USD/JPY was testing the combined resistance of three hourly simple moving averages and a weekly pivot point. In theory, the rate could pass these resistance levels, as all of them failed to provide support to stop the decline of Tuesday. Economic Calendar There are only couple data releases expected, which could move the USD/JPY pair. On Thursday, the US
The surge of the GBP/USD ended at the 1.2765 level, where it tested the weekly R2 simple pivot point. The currency exchange rate failed to pass this level and began a decline. By the middle of Wednesday's European trading hours, the pair had reached the support of a 61.80% Fibonacci retracement level at 1.2646. Economic Calendar There are only couple of events
During early Wednesday's GMT trading hours, the EUR/USD reached the resistance of the weekly R2 simple pivot point at 1.1545. This resistance level caused a decline, which could eventually reach technical support levels near 1.1490. Economic Calendar Analysis On Thursday, the US Unemployment Claims data is set to be published at 12:30 GMT. On Friday, the UK Retail Sales data will be issued
The DUK+/EUR has surged to the 1.6000 level, as forecast in the first described scenario at the start of July. However, in the aftermath of the surge, the rate met with resistance and began a decline, which could look for support in technical levels. Daily Candle Chart On the technical daily candle chart, the rate's surge was reversed by the 200-day simple
The yellow metal's price continued to surge on Monday, as a second attempt to pass the 1,820.00 level succeeded. By the middle of Tuesday's GMT trading hours, the price had almost reached the 1,830.00 level. Economic Calendar Analysis On Thursday, the US Unemployment Claims data is set to be published at 12:30 GMT. On Friday, the US Manufacturing and Service PMIs survey results are
On Tuesday, the USD/JPY currency exchange rate traded between the 107.15 and 107.35 levels. Meanwhile, the rate was supported by the 55, 100 and 200 hour simple moving averages at 107.20 and 107.15. Economic Calendar There are only couple data releases expected, which could move the USD/JPY pair. On Thursday, the US Unemployment Claims data is set to be published at 12:30
The surge of the GBP/USD currency exchange rate has reached the 1.2700 level, which provided resistance. Since early Monday morning, the rate had gained more than 1.50%. Economic Calendar There are only couple of events that could affect the GBP/USD rate. On Thursday, the US Unemployment Claims data is set to be published at 12:30 GMT. On Friday, the UK Retail Sales data will
Since the middle of Monday's trading hours, the EUR/USD has been kept up by the support of the 55 and 100-hour simple moving averages, which have been moving higher. In the meantime, the 1.1470 level provided resistance and stopped a surge during Tuesday's GMT morning hours. Economic Calendar Analysis On Thursday, the US Unemployment Claims data is set to be published at
On Monday, the yellow metal's price tested the resistance of the 1,820.00 level. The surge was started by the support of the 55 and 100-hour simple moving averages. In the near term future, the metal's price had a couple of possible future scenarios. Economic Calendar Analysis On Thursday, the US Unemployment Claims data is set to be published at 12:30 GMT. On Friday, the