The US Dollar rose by 36 pips or 0.32% against the Japanese Yen on Wednesday. The surge was stopped by the 55– hour simple moving average during Wednesday's trading session. Economic Calendar 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 to find
The British Pound declined by 62 pips or 0.45% against the US Dollar on Wednesday. The currency pair pierced the support level at 1.3774 during yesterday's trading session. Economic Calendar 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 to find out more about
The Eurozone single currency declined by 41 pips or 0.35% against the US Dollar on Wednesday. The EUR/USD currency pair breached the weekly support level at 1.1801 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 to
On Tuesday, the yellow metal edged lower by 196 points or 1.08% against the US Dollar. The decline was topped by the 55– hour simple moving average during Tuesday's trading session. Economic Calendar Analysis On Wednesday, at 18:00 GMT, the Federal Open Market Committee is set to publish its Meeting Minutes. Note that it will be just the meeting minutes for
On Tuesday, the US Dollar fell by 41 pips or 0.37% against the Japanese Yen. The 200– hour simple moving average pressured the currency pair lower during yesterday's trading session. Economic Calendar On Wednesday, at 18:00 GMT, the Federal Open Market Committee is set to publish its Meeting Minutes. Note that it will be just the meeting minutes for the
On Tuesday, the British Pound declined by 116 pips or 0.84% against the US Dollar. The exchange rate breached the 55-, 100 and 200– hour SMAs during Tuesday's trading session. Economic Calendar On Wednesday, at 18:00 GMT, the Federal Open Market Committee is set to publish its Meeting Minutes. Note that it will be just the meeting minutes for the previous
On Tuesday, the common European currency fell by 82 pips or 0.69% against the US Dollar. The currency pair was pressured lower by the 200– hour simple moving average during yesterday's trading session. Economic Calendar Analysis On Wednesday, at 18:00 GMT, the Federal Open Market Committee is set to publish its Meeting Minutes. Note that it will be just the meeting
The XAU/USD exchange rate has been trading in a narrow ascending channel pattern since June 30. The yellow metal surged by 100 points during Monday's trading session. Economic Calendar Analysis On Tuesday, the US ISM Services Purchasing Managers Index release at 14:00 GMT could cause a minor move on USD pairs. However, note that during most times the event does not cause
The US Dollar declined by 35 pips or 0.31% against the Japanese Yen on Monday. The currency pair breached the 55-, 100– and 200– hour SMAs during yesterday's trading session. Economic Calendar On Tuesday, the US ISM Services Purchasing Managers Index release at 14:00 GMT could cause a minor move on USD pairs. However, note that during most times the event
The British Pound edged higher by 43 pips or 0.31% against the US Dollar on Monday. The currency pair breached the 200– hour simple moving average at 1.3859 during Monday's trading session. Economic Calendar On Tuesday, the US ISM Services Purchasing Managers Index release at 14:00 GMT could cause a minor move on USD pairs. However, note that during most times the
The DUK+/EUR currency exchange rate stands at a sell order wall at 3.5100. The rate has not been above it since the start of March 2021. Although, the pair has conducted various dips downwards, as sellers give in and reduce the asking price. However, on July 6, there was a clear lack of bid orders, as the closest by pending
The common European currency surged by 26 pips or 0.22% against the US Dollar on Monday. The surge was stopped by the weekly pivot point at 1.1873 during Monday's trading session. Economic Calendar Analysis On Wednesday, at 18:00 GMT, the Federal Open Market Committee is set to publish its Meeting Minutes. Note that it will be just the meeting minutes for the
Despite the volatility caused by the publication of the monthly US employment data, the yellow metal's price continues to surge in the borders of a channel up pattern. However, it was spotted on Monday that the 1,795.00 level was providing the price with resistance. Economic Calendar Analysis On Tuesday, the US ISM Services Purchasing Managers Index release at 14:00 GMT could cause
The USD/JPY failed to pass the resistance zone above the 111.60 level. Moreover, during the last attempt to reach higher, the rate was beat down by fundamental news. Namely, worse than expected US employment data was released on Friday at 12:30 GMT. By the middle of the day's European trading hours, the rate had extended its decline and reached the
On Friday, at 12:30 GMT, the US statisticians published monthly employment data, which caused a decline of the US Dollar. The initial decline was followed up by an extension of the fall of the value of the US Dollar. On the GBP/USD charts it resulted in a move upwards. By the middle of Monday's trading hours, the rate had reached the
On Friday, at 12:30 GMT, the release of US monthly employment data caused a surge, which broke the resistance of the 55 and 100-hour simple moving averages. By the middle of Monday's European trading hours, the pair had reached the 1.1880 level and had no technical resistance as high as the 1.1900 level. In the near term future, the rate was
There are a number of important updates to note in regards to the price of Gold. First of all, the price has pierced the resistance line of the recent June high levels. Secondly, the price has revealed that it is surging in a channel up pattern. In addition, the simple moving averages are left below the bullion. Economic Calendar Analysis On Tuesday,
The US Dollar has encountered resistance against the Japanese Yen in a zone from 111.63 to 111.66. On Friday morning, the rate bounced off this zone and declined to the 111.40 mark, which was supported by the weekly R1 simple pivot point. Economic Calendar On Tuesday, the US ISM Services Purchasing Managers Index release at 14:00 GMT could cause a minor
The 1.3820 level provided enough resistance for the GBP/USD to pass below the lower trend line of the channel down pattern, which guided the rate since June 23. During Friday's trading hours, the rate fluctuated sideways near the 1.3750 mark. Economic Calendar On Tuesday, the US ISM Services Purchasing Managers Index release at 14:00 GMT could cause a minor move on USD
On Thursday, the EUR/USD found enough support in the 1.1840 level and surged. The surge broke the resistance of the channel down pattern, which had guided the rate since June 25. However, the rate found resistance in the 55-hour simple moving average. The SMA caused a decline that on Friday was heading to the 1.1800 mark. Economic Calendar Analysis On Tuesday, the US
On Wednesday, the yellow metal passed the resistance of the 1,765.00 level. Afterwards, the commodity price one by one passed the technical resistance of the 55, 100 and 200-hour simple moving averages. By the middle of Thursday's European trading hours, the price had almost reached the 1,780.00 level. Economic Calendar Analysis On Thursday, the US weekly Unemployment Claims at 12:30 GMT could cause
The USD/JPY ended the sideways trading around the 110.50 level by sharply surging up. It initially jumped to the zone above the 111.00 level. A following sideways trading ended in a resumption of the surge during early Thursday's hours. The surge was expected to reach the resistance of the weekly R1 simple pivot point at 111.40. Economic Calendar On Thursday, the
The decline of the GBP/USD has reached the 1.3800 level, which provided support for a retracement back up to the 1.3840 level. During the early hours of Thursday's trading, the pair fluctuated between the mentioned levels. In the near term future the rate could either trade sideways between the mentioned levels or make a move up or down. Economic Calendar On Thursday,
The EUR/USD passed the support of the 1.1850 mark and the previous June low level. In addition a channel down pattern was spotted on Thursday morning, which has guided the rate since June 25 when the rate hit a weekly high level. In the near term future, the rate was expected to continue to decline in the borders of the pattern.