The USD/JPY currency exchange rate has revealed that it is trading sideways in a 35 base point range between the 109.74 and 110.09 levels. Meanwhile, additional resistance was being provided by the 55-hour simple moving average at 110.05 Economic Calendar Today, the release of the US Retail Sales data at 12:30 GMT could cause an increase of volatility. On
The GBP/USD failed to pass the resistance zone near the 1.3900 level. Namely, the rate bounced off exactly the 1.3900 mark. This was followed by a decline to the support zone of the July 13 and 14 low levels just above the 1.3800 mark. Meanwhile, note that, by large, the rate ignores the hourly simple moving averages. Economic Calendar The week
The recovery of the EUR/USD failed to pass the resistance of the 1.1850 mark. It resulted in a decline, which eventually found support in the 1.1800 level. On Friday morning, the rate was trading sideways above the 1.1800 level. Economic Calendar Analysis Today, the release of the US Retail Sales data at 12:30 GMT could cause an increase of volatility. On
On Thursday, the yellow metal's price passed the resistance of the 1,830.00 level. The price managed to do so after finding support in the 1,820.00 level. Economic Calendar Analysis On Thursday, the weekly US Unemployment Claims could cause minor USD moves. The week will end with the US Retail Sales data at 12:30 GMT. Click on the link below to find out
At GMT midnight to Thursday, the USD/JPY ended trading sideways at the 110.00 level and started a decline. During the early European trading hours, the rate had reached below the 109.80 level. Meanwhile, no support was close by as far as the July low level at 109.54. Economic Calendar On Thursday, the weekly US Unemployment Claims could cause
During early Thursday's trading hours, the GBP/USD currency exchange rate traded in the 1.3820/1.3870 range. Meanwhile, the pair ignored the 55, 100 and 200-hour simple moving averages and the weekly simple pivot point at 1.3853. Economic Calendar On Thursday, the weekly US Unemployment Claims could cause minor USD moves. The week will end with the US Retail Sales data at 12:30 GMT. Click
On Thursday morning, the EUR/USD pierced the resistance of the 100 and 200-hour simple moving averages near the 1.1840 level. Economic Calendar Analysis On Friday, the release of the US Retail Sales data at 12:30 GMT could cause an increase of volatility. EUR/USD hourly chart's review In the case that the rate surges, the pair would reach the resistance of the weekly
At 12:30 GMT on Wednesday, the yellow metal's price jumped due to the release of the US Producer Price Index. The metal managed to pass the resistance zone, which was located below the 1,820.00 level. However, following the surge, the price found resistance in the 1,830.00 mark. Economic Calendar Analysis On Thursday, the weekly US Unemployment Claims could cause minor
At mid-day on Wednesday, the USD/JPY currency exchange rate dropped sharply due to the release of the US Producer Price Index data. During its decline, the rate plummeted below all close by technical support levels. Economic Calendar On Thursday, the weekly US Unemployment Claims could cause minor USD moves. The week will end with the US Retail Sales data
The GBP/USD traded with high volatility due to the US CPI release on Tuesday. However, on Wednesday, the rate had recovered and appeared to be set for another test of the resistance zone above the 1.3900 mark. Economic Calendar On Thursday, the weekly US Unemployment Claims could cause minor USD moves. The week will end with the US Retail Sales data at
The release of the US Consumer Price Index data on Tuesday caused high volatility of the EUR/USD and eventually a booking of new July low level at 1.1773 during the early hours of Wednesday's trading. Economic Calendar Analysis On Friday, the release of the US Retail Sales data at 12:30 GMT could also cause an increase of volatility. EUR/USD hourly chart's
The yellow metal found support in the zone above the 1,790.00 level. Meanwhile, as the price was being approached by the 200-hour simple moving average, a recovery began. By the middle of Tuesday's European trading hours, the bullion had reached above 1,810.00. Economic Calendar Analysis On Tuesday, the US Consumer Price Index at 12:30 GMT is expected to impact all
During Monday's trading, the USD/JPY broke the resistance of the 100-hour simple moving average and the weekly simple pivot point near 110.30. However, it did not result in an extended surge, as the currency exchange rate began to fluctuate sideways in the 110.30/110.50 range. Economic Calendar On Tuesday, the US Consumer Price Index at 12:30 GMT is expected
On Tuesday, the GBP/USD made another attempt to pass the zone above the 1.3900 mark. In the meantime, the rate revealed on Monday that the zone near 1.3840 manages to provide support. Economic Calendar On Tuesday, the US Consumer Price Index at 12:30 GMT is expected to impact all USD traded assets and currency pairs. On Wednesday, at 06:00 GMT the UK
Despite not facing any technical resistance on Monday, the EUR/USD currency exchange rate did not surge. The pair's attempt at moving higher on the chart was stopped by the 1.1880 level. The rate made two attempts to reach above the 1.1880 level before declining and finding support in the 100-hour simple moving average. On Tuesday, the currency exchange rate fluctuated below
On Monday morning, the yellow metal passed the support of the channel up pattern, which had guided the rate since June 29. Moreover, the 55 and 100-hour simple moving averages failed to provide the rate with support. However, the price found support in the 1,800.00 level. Economic Calendar Analysis On Tuesday, the US Consumer Price Index at 12:30 GMT is
On Monday, the USD/JPY recovery reached above the 110.00 mark. However, the rate encountered resistance at 110.29 where the weekly simple pivot point and the 100-hour simple moving average were located at. Economic Calendar On Tuesday, the US Consumer Price Index at 12:30 GMT is expected to impact all USD traded assets and currency pairs. On Wednesday, the US
During the early hours of this week's trading, the GBP/USD currency exchange rate bounced off the resistance of a zone that surround the 1.3900 level. By the middle of Monday's trading, the rate was expected to look for support near the 1.3850 level. Economic Calendar On Tuesday, the US Consumer Price Index at 12:30 GMT is expected to impact all USD
At mid-day on Friday, the EUR/USD passed the resistance zone above the 1.1860 level and the 200-hour simple moving average. By doing so the rate passed the last technical resistance up to the 1.1923 level where the weekly R1 simple pivot point is located at. Economic Calendar Analysis This week, on Tuesday, at 12:30 GMT the US Consumer Price
The yellow metal plunged by 208 pips or 1.14% against the US Dollar on Thursday. The decline was stopped by the 100– hour simple moving average during Thursday's trading session. Economic Calendar Analysis On Friday, the US Fed Monetary Policy Report at 2:00pm GMT could cause a minor move on USD pair and commodity price charts. Click on the link below
Downside risks pressured the US Dollar lower against the Japanese Yen on Thursday. AS a result, the USD/JPY currency pair fell by 112 pips or 1.01% during Thursday's trading session. Economic Calendar On Friday, the US Final Wholesale Inventories at 2:00pm GMT could cause a minor move on USD pair and commodity price charts. Click on the link below
On Thursday, the British Pound fell by 51 pips or 0.36% against the US Dollar. The currency pair was pressured lower by the 55– hour simple moving average during Thursday's trading session. Economic Calendar On Friday, the BOE Gov Bailey Speaks at 10:00 GMT could cause some move on GBP pair and commodity price charts. Click on the link below
Upside risks dominated the EUR/USD currency pair on Thursday. As a result, the common European currency rose by 77 pips or 0.65% against the US Dollar during Thursday's trading session. Economic Calendar Analysis On Friday, the Canadian Employment Change and unemployment rate at 12:30 GMT could cause a minor move the pair and commodity price charts. Click on the link
The yellow metal has declined by 107 pips or 0.59% against the US Dollar on Wednesday. A breakout occurred through the lower boundary of an ascending channel pattern during Wednesday's trading session. Economic Calendar Analysis On Thursday, the US Unemployment Claims at 12:30 GMT could cause a minor move on USD pair and commodity price charts. Click on the link below