The EUR/USD currency pair remains to trade above the support level – the monthly S2 at 1.0650. During Monday morning, the pair was under pressure of the 55-hour SMA. If the given support does not hold, some downside potential could prevail in the market. Economic Calendar Analysis This week, there will be couple of events that could impact the
During Friday morning, the XAU/USD exchange rate consolidated near the support formed by the 55- and 100-hour SMAs, as well the Fibo 23.60% in the 1,500.00 area. Given that the rate is pressured by the 55-hour SMA, it is likely that some downside potential could prevail. Economic Calendar Analysis This week, there are no events left that could affect the
During Friday morning, the USD/JPY currency pair was testing the resistance formed by the weekly R1 and the Fibo 61.80% at 110.70. If the given level holds, it is likely that the pair could consolidate. Economic Calendar This week, there are no events left that could impact the USD/JPY currency pair. Next week is expected to be relatively calm for the USD/JPY pair. On
During Friday morning, the GBP/USD exchange rate was testing the 100-hour SMA near 1.1890. If the given resistance holds, some downside potential could prevail. Economic Calendar This week, there are no events left that could impact on the GBP/USD rate. Next week, there are couple of events that could affect the GBP/USD rate. On Wednesday, March 25, the UK CPI data
On Friday morning, the EUR/USD currency pair re-tested the monthly S1 at 1.0840. It is unlikely that some upside potential could prevail in the market due to the resistance provided by the 55-hour SMA. Economic Calendar Analysis This week, there are no events left that could impact the EUR/USD pair. Next week, there will be couple of events that could
During Thursday morning, the XAU/USD exchange rate was testing the monthly S2 at 1,466.10. Given that the rate is pressured by the 55-hour SMA, it is likely that some downside potential could prevail. Economic Calendar Analysis This week, there are no events left that could affect the XAU/USD rate. Meanwhile, Dukascopy Analytics are not publishing the historical reactions this week, as the
During Thursday morning, the USD/JPY currency pair raised to the Fibo 50.00% at 109.58. If the given level holds, it is likely that the pair could consolidate. Economic Calendar This week, there are no events left that could impact the USD/JPY currency pair. Meanwhile, Dukascopy Analytics are not publishing the historical reactions this week, as the market environment has changed to such a
During Thursday morning, the GBP/USD exchange rate was consolidating near the weekly S2 at 1.1642. Given that the rate is pressured by the 55-hour SMA, it is likely that some downside potential could prevail. Economic Calendar This week, there are no events left that could impact on the GBP/USD rate. Meanwhile, Dukascopy Analytics are not publishing the historical reactions this
On Thursday morning, the EUR/USD currency pair declined to the weekly S2 at 1.0776. If the given support level holds, it is likely that the pair could reverse north. Otherwise, bears could prevail in the market. Economic Calendar Analysis This week, there are no events left that could impact the EUR/USD pair. Meanwhile, Dukascopy Analytics are not publishing the
Yesterday, the XAU/USD exchange rate tried to surpass the 1,540.00 level. During Wednesday morning, the rate was testing the support level – the Fibonacci 23.60% retracement at 1,497.76. Economic Calendar Analysis This week, there are no events left that could affect the XAU/USD rate. Meanwhile, Dukascopy Analytics are not publishing the historical reactions this week, as the market environment has changed to such
Yesterday, the USD/JPY currency pair managed to exceed the Fibo 23.60% at 107.02. During Wednesday morning, the pair was trading in the 107.50 area. Economic Calendar This week, there are no events left that could impact the USD/JPY currency pair. Meanwhile, Dukascopy Analytics are not publishing the historical reactions this week, as the market environment has changed to such a degree that
During Wednesday morning, the GBP/USD exchange rate was testing the weekly S1 at 1.1977. Given that the rate is pressured by the 55-hour SMA, it is likely that some downside potential could prevail. Economic Calendar This week, there are no events left that could impact on the GBP/USD rate. Meanwhile, Dukascopy Analytics are not publishing the historical reactions this week,
On Wednesday morning, the EUR/USD currency pair was testing the support level formed by the monthly PP at 1.0968. Given that the pair remains to be under pressure of the 55- and 100-hour SMAs, it is likely that some downside potential could prevail. Economic Calendar Analysis This week there are no events left that could impact the EUR/USD pair. Meanwhile, Dukascopy Analytics
The yellow metal's price faced the support level formed by the monthly S2 at 1,466.10. Gold could remain under pressure of the 55-hour SMA near 1,530.00 and trade downwards in the short term. Economic Calendar Analysis Today, the US Retail Sales could cause a small move in the markets at 14:30 GMT. On Wednesday, the event of the week is set to
Last week, the USD/JPY managed to surge up to the 108.50 level, where it ended the week's trading. On Monday, the rate dropped, as on Sunday the US Federal Reserve had cut interest rates to zero. During Tuesday morning, the rate was testing the resistance level – the Fibonacci 23.60% retracement at 107.02. Economic Calendar Today, the US Retail Sales could cause a
Yesterday, the GBP/USD exchange rate dropped below 1.2300. During Tuesday morning, the rate was testing the support level – the monthly S3 at 1.2178. Economic Calendar Today, the US Retail Sales could cause a small move in the markets at 14:30 GMT. On Wednesday, the event of the week is set to occur, as at 20:00 GMT the FOMC Statement
On Tuesday morning, the EUR/USD currency pair declined to the lower boundary of the short-term descending channel. If the given trend holds, it is likely that a reversal north could occur. Economic Calendar Analysis Today, the US Retail Sales could cause a small move in the markets at 14:30 GMT. On Wednesday, the event of the week is set to occur, as
Despite the ongoing market turmoil, Dukascoin has continued to trade sideways. By large, the support and resistance clusters have not changed. However, the pair is being approached by the 100-day simple moving average. Daily Candle Chart On the daily candle chart, it can be observed that the rate is set to encounter the resistance of the 55-day SMA near 1.8800 and
The yellow metal's price continued to plummet on Monday, as by the middle of the day's GMT trading hours the price was close to 1,450.00. Moreover, if this level would fail to hold, the price would reach for the 1,400 level. Economic Calendar Analysis On Tuesday, the US Retail Sales could cause a small move in the markets at 14:30 GMT. On Wednesday,
Last week, the USD/JPY managed to surge up to the 108.50 level, where it ended the week's trading. On Monday, the rate dropped, as on Sunday the US Federal Reserve had cut interest rates to zero. By the middle of Monday's trading hours, the pair had reached three support levels near 105.30. Economic Calendar On Tuesday, the US Retail Sales could cause a
The GBP/USD has continued to drop, as the currency exchange rate reached the 1.2300 level. However, on Monday the pair began to trade sideways, as it had become oversold and needed a period of consolidation. Economic Calendar On Tuesday, the US Retail Sales could cause a small move in the markets at 14:30 GMT. On Wednesday, the event of the week
On Monday, the EUR/USD currency exchange rate recovered, as it had previously found support in the 1.1050 level. By the middle of Monday's GMT trading hours, the pair had bounced off the resistance of two hourly simple moving averages and was heading lower. Economic Calendar Analysis On Tuesday, the US Retail Sales could cause a small move in the markets at 14:30
The decline of the yellow metal passed the support of the 1,600.00 level and reached the 1,560.00 mark. In general, the forecast of a decline had become reality. Economic Calendar Analysis Next week, on Tuesday, the US Retail Sales could cause a small move in the markets at 14:30 GMT. On Wednesday, the event of the week is set to occur, as
By the middle of Friday's GMT trading hours, the USD/JPY had pierced all of the resistance levels, which faced it from 104.00 to 106.30. If the surge would continue, the rate could reach the 107.65 mark. Economic Calendar Next week, on Tuesday, the US Retail Sales could cause a small move in the markets at 14:30 GMT. On Wednesday, the event of the week