On Monday, the yellow metal's price was consolidating in the aftermath of attempting to pass the resistance of the 1,584.00 level. In general, the pair was expected to resume its surge as soon as the hourly simple moving averages catch up with it. Economic Calendar Analysis There are not many events that could influence the XAU/USD rate. On Wednesday, the Federal Reserve will
On Monday, the USD/JPY was set to surge. The rate was expected to reach for the resistance of the 110.00 level, as it had passed technical resistance levels that were located from 109.80 top 109.85. In the near term future, the 110.00 was expected to provide psychological resistance. Economic Calendar This week, there is only one event that could influence the USD/JPY rate. On
On Monday, the GBP/USD currency exchange rate passed the support of the 55-hour simple moving average and a monthly pivot point at 1.3020. In general, the rate was expected to look for technical support near the 1.3000 level. Economic Calendar During the week, there are couple events that could impact the GBP/USD rate. On Wednesday, at 09:30 GMT, the UK CPI is
The EUR/USD currency exchange rate remains above the 1.0830 level, which has kept the rate up since Friday. In the meantime, the pair is being pushed down by the 55-hour simple moving average. In general, the SMA and the support level should be watched for hints at the pair's future direction. Namely, if the 1.0830 would get passed, the rate
The XAU/USD exchange rate tried to surpass the 1,578.00 level. Given that the rate is supported by the monthly PP, it is likely that the price for gold could add to gains. Economic Calendar Analysis Next week there are not much events that could influence the XAU/USD rate. On Wednesday, the Federal Reserve will publish its FOMC Meeting Minutes at 19:00 GMT. Next
The USD/JPY currency pair consolidated at 109.80. Given that the pair is squeezed by the 55-, 100- and 200-hour SMAs, it is likely that the pair could continue to consolidate. Economic Calendar Today, the US Retail Sales data will be out also at 13:30 GMT. This event has caused moves on the USD/JPY pairs since September 2019 from 8.7 to 25.4 base points. Next
The GBP/USD exchange rate breached the rising wedge pattern north. The rate tested the 1.3060 level. In general, it is likely that the rate could trade upwards, as it is supported by the monthly S1 at 1.3021. Economic Calendar Today, the US Retail Sales data will be out also at 13:30 GMT. This event has caused moves on the pair since
The EUR/USD currency pair declined below the 2019 low at 1.0880. During Friday morning, the pair was trading at the weekly S2 at 1.0842. Given that the pair is pressured by the 55-hour SMA, it is likely that some downside potential could prevail. Economic Calendar Analysis Today, the US Retail Sales data will be out also at 13:30 GMT. This event has
The XAU/USD exchange rate breached the medium-term descending channel north. Given that the rate is supported by the monthly PP, it is likely that the price for gold could add to gains. Economic Calendar Analysis This week, notable data releases are set to start on Tuesday. Today, the US CPI data sets are set to be published at 13:30 GMT. Last but
The USD/JPY currency pair failed to surpass the psychological level at 110.00 once again. The pair tumbled to 109.70. Note that the currency pair could gain support of the 200-hour SMA and reverse north in the short term. Economic Calendar This week's event have been analysed. Today, the US CPI data sets are set to be published at 13:30 GMT. The USD/JPY has
The GBP/USD exchange rate surpassed the psychological level at 1.2950. During Thursday morning, the rate was testing the resistance provided by the weekly PP. In general, it is likely that the rate could trade upwards within the rising wedge pattern in the short run. Economic Calendar This week's data is available. Click on the link below to see the historical
The EUR/USD currency pair has reached the 2019 low at 1.0880. Given that the pair is pressured by the 55-hour moving average, some downside potential could prevail. Note that the nearest possible support level - the weekly S2, is located at 1.0842. Economic Calendar Analysis This week's data is available. Click on the link below to see the historical data tables with
The XAU/USD exchange rate traded along the upper boundary of the medium-term descending channel . Given that the rate is pressured by the 55-, 100- and 200-hour SMAs, it is likely that the price for gold could decline. Economic Calendar Analysis This week, notable data releases are set to start on Tuesday. On Wednesday, the weekly US Crude Oil Inventories will be
The USD/JPY currency pair failed to surpass the psychological level at 110.00. Given that the rate is supported by the 55- and 100-hour SMAs, it is expected that another attempt to reach the 110.20 level is about to occur in the nearest future. Economic Calendar This week's event have been analysed. On Thursday, the US CPI data sets are set to be published at
The GBP/USD exchange rate surpassed the psychological level at 1.2950. During Wednesday morning, the rate was testing the resistance provided by the 200-hour SMA and the weekly PP. If the given resistance holds, the rate is expected to trade downwards within the following trading session. Economic Calendar This week's data is available. Click on the link below to see the
The EUR/USD currency pair has been consolidating in the 1.0920 area since Monday . Given that the pair is pressured by the 55-hour moving average, some downside potential could prevail. Note that the 2018/2019 low is located at 1.0880. Economic Calendar Analysis This week's data is available. Click on the link below to see the historical data tables with the reactions
The XAU/USD exchange rate re-tested the upper boundary of the medium-term descending channel . Given that the rate is squeezed by the 55-, 100- and 200-hour SMAs, it is likely that the price for gold could consolidate. Economic Calendar Analysis This week, notable data releases are set to start on Tuesday. On Wednesday, at 01:00 GMT the Reserve Bank of New Zealand
The USD/JPY has remained below the 110.00 level. In the meantime, the pair has gained support of the 55- and 100-hour moving averages in the 109.80 area. In general, it was expected that another attempt to reach the 110.20 level was about to occur. Economic Calendar This week's event have been analysed. On Thursday, the US CPI data sets are set to be published
The GBP/USD exchange rate remains to trade below the 1.2950 level. During Tuesday morning, the rate was testing the resistance provided by the 100-hour SMA. If the given resistance holds, the rate is expected to trade downwards within the following trading session. In this case the rate could re-test the 1.2880 level. Economic Calendar This week's data is available. Click
The EUR/USD currency pair is below the psychological level at 1.0950. During Tuesday morning, the pair was testing the psychological level at 1.0910. Note that the 2018/2019 low is located at 1.0880. Economic Calendar Analysis This week's data is available. Click on the link below to see the historical data tables with the reactions to the events. On Thursday, the US CPI
The XAU/USD exchange rate has been testing the resistance level formed by the monthly PP at 1,573.09 since Friday. Given that the rate is supported by the 55-, 100- and 200-hour moving averages, it is likely that some upside potential could prevail. Economic Calendar Analysis This week, notable data releases are set to start on Tuesday. On Tuesday, at 09:30 GMT, the
The USD/JPY has remained below the 110.00 level. In the meantime, the pair has been approached by the 55-hour SMA and it has made a dip below the 109.65 mark. In general, it was expected that another attempt to reach the 110.20 level was about to occur. Economic Calendar This week's event have been analysed. On Thursday, the US CPI data sets are set
The GBP/USD exchange rate failed to surpass the 1.2880 level. The rate jumped to the resistance provided by the 55-hour SMA and the Fibonacci 38.20% retracement at 1.2918. If the given resistance holds, the rate is expected to trade downwards within the following trading session. Economic Calendar This week's data is available. Click on the link below to see the
The EUR/USD currency pair remains to trade below the psychological level at 1.1000. During Monday morning, the pair was trading near the lower boundary of the medium-term descending channel at 1.0950. It is likely that the exchange rate could follow the given channel in the short term. Economic Calendar Analysis This week's data is available. Click on the link below to see