The GBP/USD pierced the support of the June low levels and shortly traded near the 1.4040 level. Afterwards, the pair returned to trade near the 1.4080 level. On Wednesday morning, the rate began a surge, which reached above the 1.4100 level. Economic Calendar On Tuesday, at 12:30 GMT, the US Retail Sales and US Producers Price Indices are expected to
The EUR/USD bounced off the support of the zone above the 1.2100 level and started a recovery, which ended at the 1.2130 level. On Wednesday, the pair was trading sideways between the 55 and 100-hour simple moving averages, which were located at 1.2120 and 1.2136. In the near term future, the rate was expected to get squeezed in between the 55
On Monday, the yellow metal fulfilled the scenario of reaching the 1,845.00 mark. The 1,845.00 level provided support and caused an immediate recovery, which reached the 1,870.00 level The 1,870.00 level continued to provide resistance into Tuesday. Meanwhile, the 1,850.00 level was providing support. Namely, the price fluctuated in a 20.00 USD range. Economic Calendar Analysis On Tuesday, at 12:30 GMT, the
The USD/JPY currency exchange rate found enough support in the 200-hour simple moving average to surge above the resistance of a channel up pattern's upper trend line, the weekly R1 simple pivot point at 109.97 and the 110.00 mark. On Tuesday morning, the rate retraced down to the 110.00 level and confirmed it as support by bouncing off it. Economic
The GBP/USD failed to pass the combined resistance of the 55, 100 and 200-hour simple moving averages and the weekly simple pivot point in the 1.4120/1.4138 zone. On Tuesday, the rate had retreated to the support zone of the June low levels. Economic Calendar On Tuesday, at 12:30 GMT, the US Retail Sales and US Producers Price Indices are expected
The EUR/USD did not continue to trade in the channel down pattern. Namely, after holding for five hours, the upper trend line of the pattern failed and was passed. By the middle of Tuesday's trading hours, the pair had reached the combined resistance of the 100-hour simple moving average and the resistance of the June 7 and 10 low levels near
On Monday morning, the decline of the price for gold continued. In total, since Friday morning, the price had lost almost 2.50%. However, at 10:00 GMT on Monday, it appeared that the price had found support in the June low level just above the 1,855.00 mark. Economic Calendar Analysis On Tuesday, at 12:30 GMT, the US Retail Sales and US Producers Price
On Friday, the USD/JPY managed to reach above the resistance of the 55, 100 and 200-hour simple moving averages. In the meantime, a channel up pattern was spotted on Monday. The pattern could continue to guide the rate up in the medium term future. On Monday morning, the rate was located at the support of the 200-hour simple moving average
On Monday morning, the GBP/USD reached the June low level zone at 1.4075/1.4085. The near term future was dependent on what would happen at this level. Economic Calendar On Tuesday, at 12:30 GMT, the US Retail Sales and US Producers Price Indices are expected to be released. The Retail Sales have caused moves from 14.0 to 22.6 pips since January. The
On Monday morning, the EUR/USD started the week's trading by fluctuating near the 1.2100 mark. Note that the Friday's drop passed the support of the June low level and reached below the 1.2100 level. Due to that reason, an extension of the decline is possible. Economic Calendar Analysis Expect an update to the calendar section with the week's event reviews soon. Click on the
The XAU/USD exchange rate bounced off a support level at 1875.00 on Thursday. As a result, the yellow metal surged by more than 245 pips or 1.31% against the US Dollar during yesterday's trading session. Economic Calendar Analysis Notable events for this week have ended. Expect an update to the calendar section with the next week's event reviews soon. Click on the
The USD/JPY currency pair failed to break the resistance level at 109.70 on Thursday. As a result, the US Dollar declined by 43 pips or 0.39% against the Japanese Yen during Thursday's trading session. Economic Calendar Notable events for this week have ended. Expect an update to the calendar section with the next week's event reviews soon. Click on the link below
On Thursday, the British Pound edged higher by 90 pips or 0.64% against the US Dollar. The currency pair returned to the 1.4185 area during Thursday's trading session. Economic Calendar Notable events for this week have ended. Expect an update to the calendar section with the next week's event reviews soon. Click on the link below to find out more about the
On Thursday, the Eurozone currency surged by 24 pips or 0.20% against the US Dollar. The currency pair breached the 55-, 100– and 200– hour SMAs during Thursday's trading session. Economic Calendar Analysis Notable events for this week have ended. Expect an update to the calendar section with the next week's event reviews soon. Click on the link below to find out more about
The yellow metal failed to surpass the 55– and 200– hour SMAs on Wednesday. As a result, Gold edged lower by 102 pips or 0.54% against the US Dollar during Wednesday's trading session. Economic Calendar Analysis On Thursday, the US Consumer Price Index, US Core Consumer Price Index and the US Unemployment Claims are set to be released exactly at 12:30
On Wednesday, the USD/JPY currency pair edged higher by 41 pips or 0.38%. The surge was stopped by a resistance cluster at the 109.60 level during Wednesday's trading session. Economic Calendar On Thursday, the US Consumer Price Index, US Core Consumer Price Index and the US Unemployment Claims are set to be released exactly at 12:30 GMT. Most likely, all USD
On Wednesday, the British Pound fell by 77 pips or 0.54% against the US Dollar. A breakout occurred through the lower boundary of an ascending channel pattern during Wednesday's trading session. Economic Calendar On Thursday, the US Consumer Price Index, US Core Consumer Price Index and the US Unemployment Claims are set to be released exactly at 12:30 GMT. Most likely,
On Wednesday, the common European currency declined by 44 pips or 0.36% against the US Dollar. The currency pair fell below the 55-, 100 and 200– hour SMAs during Wednesday's trading session. Economic Calendar Analysis On Thursday, the ECB Main Refinancing Rate and Monetary Policy Statement are set to be published. This event has moved the EUR/USD from 3.8 to 30.6 base points. However,
The yellow metal plunged by 145 pips or 0.76% against the US Dollar on Tuesday. The decline was stopped by the 55– and 100– hour SMAs during yesterday's trading session. Economic Calendar Analysis On Thursday, the US Consumer Price Index, US Core Consumer Price Index and the US Unemployment Claims are set to be released exactly at 12:30 GMT. Most likely,
The US Dollar edged higher by 26 pips or 0.24% against the Japanese Yen on Tuesday. The 55– hour simple moving average provided resistance for the exchange rate during yesterday's trading session. Economic Calendar On Thursday, the US Consumer Price Index, US Core Consumer Price Index and the US Unemployment Claims are set to be released exactly at 12:30 GMT. Most
During the first half of Tuesday's trading session, the GBP/USD currency pair declined by 58 pips or 0.41%. The exchange rate rebounded from the lower boundary of an ascending channel pattern at the end of the day. Economic Calendar On Thursday, the US Consumer Price Index, US Core Consumer Price Index and the US Unemployment Claims are set to be released exactly
During Tuesday's trading session, the EUR/USD currency pair traded with low volume. The exchange rate bounced between the 55– hour SMA at 1.2170 and the 200– hour moving average at 1.2185 on Tuesday. Economic Calendar Analysis On Thursday, the ECB Main Refinancing Rate and Monetary Policy Statement are set to be published. This event has moved the EUR/USD from 3.8 to 30.6 base
On Monday, the yellow metal surged by 163 pips or 0.87% against the US Dollar. The commodity breached the 55-, 100– and 200– hour SMAs during Monday's trading session. Economic Calendar Analysis On Thursday, the US Consumer Price Index, US Core Consumer Price Index and the US Unemployment Claims are set to be released exactly at 12:30 GMT. Most likely, all
During yesterday's trading session, the US Dollar declined by 37 pips or 0.34% against the Japanese Yen. The currency pair tested the weekly support level at 109.16 on Monday. Economic Calendar On Thursday, the US Consumer Price Index, US Core Consumer Price Index and the US Unemployment Claims are set to be released exactly at 12:30 GMT. Most likely, all USD