The common European currency continued to slightly depreciate on Tuesday morning against the US Dollar.
The yellow metal surged on Tuesday morning. However, it was stopped at 1,279 by the newly calculated monthly pivot point.
The common European currency depreciated on Monday morning against the US Dollar. However, the rate skyrocketed on Friday, as the currency rate opened Monday's trading session at 1.0989.
The yellow metal slightly fell on Monday morning, as the bullion approached a support cluster located just below it near the 1,273 level.
The US economy expanded at its fastest pace since 2014 in the Q3 of 2016 amid higher exports and a rise in inventory investment, official data revealed on Friday.
The US economy expanded at its fastest pace since 2014 in the Q3 of 2016 amid higher exports and a rise in inventory investment, official data revealed on Friday.
New orders for US manufactured durable goods dropped unexpectedly last month amid lower orders for computers and electronic products.
The British economy expanded more than expected in the Q3 despite the Brexit vote, official figures revealed on Thursday.
The attempts to break through the resistance, which has put down all the efforts of the Euro against the US Dollar, continue.
The yellow metal is at the same level where it has been throughout the week. However, there is one slight difference, if the metal's price on Friday is compared with the previous three sessions.
On a smaller scale the USD/SGD currency exchange rate is moving in an ascending channel pattern, as it struggles with the resistance set up by the 61.80% Fibonacci retracement level, which is a part of the retracement levels connecting the 2015 low and 2016 high levels. However, on a larger scale a head and shoulders pattern's first half can be
The US Dollar is appreciating simultaneously in two ascending channels against the Danish Krona. The smaller ascending channel is a representation of the currency exchange rate's rebound from the larger channel's lower trend line. However, the currency exchange rate has been heavily affected by the Fibonacci retracements, which connect the 2015 high level with the 2016 low. In the past
Oil prices jumped above the $50 level on Wednesday as US crude oil inventories dropped unexpectedly last week.
Oil prices jumped above the $50 level on Wednesday as US crude oil inventories dropped unexpectedly last week.
The EUR/USD currency remained below the post Brexit low level on Thursday morning.
The bullion slightly surged on Thursday morning. However, the surge occurred after a much larger retreat during the second half of Wednesday's trading session.
American consumers were more pessimistic about the path of the economy in October, according to latest survey results published on Tuesday.
American consumers were more pessimistic about the path of the economy in October, according to latest survey results published on Tuesday.
The Euro turn out to be alive after all, as it began to show some volatility against the US Dollar in the last 24 hours.
The yellow metal is conquering new ground, as on Wednesday morning it had broken all but one of the resistance levels, which comprise the strong cluster facing the bullion.
Activity in the US manufacturing sector expanded more than expected last month, according to a private survey published on Monday.
Activity in the US manufacturing sector expanded more than expected last month, according to a private survey published on Monday.
The EUR/USD rate remained flat for the second consecutive session on Tuesday morning, as the markets are expecting ECB president's Mario Draghi's speech.
On Tuesday morning the yellow metal found support in the weekly PP at 1,263.46 and began a surge to the 200-day SMA.