The EUR/USD bounced off the resistance range at 1.0930/1.0940 and declined below 1.0900 during the US holidays. On Wednesday, the pair was finding resistance in the combination of the 200-hour simple moving average at 1.0910 and the weekly simple pivot point at 1.0907. Meanwhile, some support appears to have been found in the 1.0880 and 1.0870 levels. Economic Calendar Analysis This week,
The recovery of the yellow metal's price has found support in the 1,910.25 level, before surging to the 1,930.00 mark. Economic Calendar Analysis This week, the top event will be the FOMC Meeting Minutes publication on Wednesday at 18:00 GMT. The Meeting Minutes will reveal additional details into the US monetary policy. On Thursday, watch out for the ADP Non-Farm Employment Change at
The USD/JPY surge has encountered resistance in the 145.00 mark and retraced below the 50 and 100-hour simple moving averages. The moving averages have guided the pair up since mid-June. However, support was being found in the 144.00 level. Economic Calendar This week, the top event will be the FOMC Meeting Minutes publication on Wednesday at 18:00 GMT. The Meeting Minutes will
The GBP/USD trades below a resistance zone at 1.2720. Meanwhile, support appears to be provided by the 1.2660 level. Economic Calendar This week, the top event will be the FOMC Meeting Minutes publication on Wednesday at 18:00 GMT. The Meeting Minutes will reveal additional details into the US monetary policy. On Thursday, watch out for the ADP Non-Farm Employment Change at 12:15 GMT,
The EUR/USD has revealed support and resistance zones. Support is being found at the 1.0840 level. Resistance is provided by the 1.0930/1.0940 range. On Monday, the pair was testing the resistance zone. Meanwhile, the rate ignored the 50, 100 and 200-hour simple moving averages and the weekly simple pivot point. Economic Calendar Analysis This week, the top event will be the FOMC
The United States Bureau of Economic Analysis has published the US Final quarter on quarter Gross Domestic Product data. The markets expected US economy to have grown in the first quarter of the year by 1.4%. Instead of the expected, the economy has been reportedly increased by 2.0%. On gold charts it resulted in a drop from the 50-hour simple moving
The surge of the US Dollar against the Japanese Yen continues, as the USD gets stronger and the Yen loses value against peer currencies. The USD/JPY pair reached above the 144.50 mark and the weekly R1 simple pivot point at 144.63 at mid-Thursday due to the US GDP release. Economic Calendar On Friday, at 12:30 GMT, the US Core PCE Price Index
The United States Bureau of Economic Analysis has published the US Final quarter on quarter Gross Domestic Product data. The markets expected US economy to have grown in the first quarter of the year by 1.4%. Instead of the expected, the economy has been reportedly increased by 2.0%. On the GBP/USD charts it resulted in a drop below 1.2600. The weekly
The United States Bureau of Economic Analysis has published the US Final quarter on quarter Gross Domestic Product data. The markets expected US economy to have grown in the first quarter of the year by 1.4%. Instead of the expected, the economy has been reportedly increased by 2.0%. On the EUR/USD charts it resulted in a drop down to the 1.0860
In the second quarter of 2023, DUK+/EUR has increased its volatility. However, the currency pair remains near prior levels. The asking price has fluctuated in the 1.4500/1.5000 range with the exception of two dips down to 1.3700 and 1.4200. Meanwhile, the Bid has been at 1.3500/1.4000. During the dips, the bid price touched 1.1550 and 1.1430. Asking price chart Bid price
The price for gold pierced the 1,910.25 level on Wednesday morning European hours. The event could result in a broader decline. Economic Calendar Analysis On Thursday, the US Gross Domestic Product release is highly likely going to impact the financial markets via an adjustment of the USD value. On Friday, at 12:30 GMT, the US Core PCE Price Index is set to impact
The USD/JPY has continued to trade near the 144.00 mark. However, on Wednesday the rate booked a new high at 144.25. Meanwhile, previous scenarios remain relevant. Economic Calendar On Thursday, the US Gross Domestic Product release is highly likely going to impact the financial markets via an adjustment of the USD value. On Friday, at 12:30 GMT, the US Core PCE Price Index
The 200-hour simple moving average provided enough resistance for the rate to start a decline. On Wednesday, the rate traded below the 50 and 100-hour simple moving averages near the 1.2720 level. Economic Calendar On Thursday, the US Gross Domestic Product release is highly likely going to impact the financial markets via an adjustment of the USD value. On Friday, at 12:30 GMT,
The EUR/USD currency pair has declined down to the combined support of the 50, 100 and 200-hour simple moving averages at 1.0930. Economic Calendar Analysis On Thursday, the US Gross Domestic Product release is highly likely going to impact the financial markets via an adjustment of the USD value. On Friday, at 12:30 GMT, the US Core PCE Price Index is set to
The price for gold continued to make attempts to pass the resistance of the 1,930.00 mark and the 1,932.25 level. However, it failed at mid-Tuesday. The price of gold dropped, as the USD strengthened and reached even below 1,915.00 Economic Calendar Analysis On Thursday, the US Gross Domestic Product release is highly likely going to impact the financial markets via an adjustment
Despite the Japanese government announcing measures to stop the decline of the Yen, on Tuesday the USD/JPY reached a new high level, as it reached 144.00. The surge was spotted to have been surging due to the support of the 50-hour simple moving average reaching the 143.50 mark. The combined strength caused a sharp surge. Economic Calendar On Thursday, the US Gross
The 200-hour simple moving average is stopping the Pound from surging higher against the US Dollar. The SMA is strengthening the 1.2750 level, which is most likely also providing its impact. In general, previous forecast scenarios remains relevant. Economic Calendar On Thursday, the US Gross Domestic Product release is highly likely going to impact the financial markets via an adjustment of the
The EUR/USD has continues its recovery. By mid-Tuesday, the rate had reached above the resistance levels near 1.0920. Economic Calendar Analysis On Thursday, the US Gross Domestic Product release is highly likely going to impact the financial markets via an adjustment of the USD value. On Friday, at 12:30 GMT, the US Core PCE Price Index is set to impact the US Dollar.
The price of gold has revealed support at the 1,910.25 level. The support caused a recovery of the metal up to the 1,930.00 levels. However, the week as started at 1,925.00, before the 50-hour simple moving average acted as support and caused a move back up above 1,930.00. Economic Calendar Analysis This week, the pair could react to the release of US
The USD/JPY reached a new high level on Friday. On Monday, the pair was observed as descending in a consolidation, before most likely restarting its surge. The rate was looking for support in the combination of the 50-hour simple moving average, the weekly simple pivot point at 142.91 and the 143.00 mark. Economic Calendar This week, the pair could react to the
The GBP/USD is finding support in the 1.2685/1.2700 range. Meanwhile, it was observed on Monday that resistance was encountered in the combination of the 50, 100 and 200-hour simple moving averages and the weekly simple pivot point at 1.2746. Economic Calendar This week, the pair could react to the release of US Durable Goods Orders on Tuesday at 12:30 GMT. On Thursday,
Worse than expected European country Purchasing Managers Indices caused a constant decline of the Euro from 07:00 GMT up to 08:00 GMT on Friday. The rate eventually started a recovery, which has reached back above 1.0900. However, it has been spotted that the EUR/USD is encountering resistance in the 200-hour simple moving average. Meanwhile, the 1.0900 was acting as support during
Gold has been declining and reaching below one support level after another. This week, it appeared that the commodity price could reach the 1,900.00 mark. Economic Calendar Analysis The commodity price might react to the release of the US Services and Manufacturing PMIs on Friday at 13:45 GMT. XAU/USD short-term forecast Note that the metal's price was finding support and resistance in the
For the last couple of days the USD/JPY currency pair has been finding support in the 100-hour simple moving average. Economic Calendar The rate could be impacted by the publication of the US Manufacturing and Services PMIs at 13:45 GMT. Hourly Chart A continuation of the ongoing surge of the US Dollar against the Japanese Yen might stop at the 142.50 mark, the