On Friday, the GBP/USD currency exchange rate began to trade sideways between the support of the 200-hour simple moving average at 1.3855 and the resistance of the 55-hour SMA at 1.3893. Economic Calendar Next week, on Wednesday, all of the markets will move due to the release of the US Federal Reserve Federal Funds Rate at 18:00 GMT. The GBP/USD has
The EUR/USD found support in the zone of the mid-April high levels before starting a surge. By the start of the Friday's US trading hours, the currency exchange rate had already reached the resistance of the weekly R2 simple pivot point, which reversed the rate's surge on April 20. Economic Calendar Analysis Next week, on Wednesday, all of the markets will move
The DUK+/EUR currency exchange rate remains below the wall of sell orders at 3.5100. The most notable difference from the previous week was that there were no longer dips occurring to the downside. The last short lived drop to the 3.5000 mark occurred on April 13. In regards to the sell order wall, it has decreased. On April 23, 7,144.00 coins
The yellow metal made two attempts to reach the resistance of the 1,800.00 level. Both of them failed. On Thursday, the rate was declining, as by the middle of the day's European trading hours, the rate had almost reached the 55 and 100-hour simple moving averages. Economic Calendar Analysis There are no events expected during the upcoming week that could impact the
The USD/JPY broke the resistance of the 55-hour simple moving average and started to test the resistance of the 100-hour SMA first and afterwards the upper trend line of the mentioned pattern. In the near term future, if the SMA fails, the upper trend line of a channel down pattern could be tested. Economic Calendar There are no notable events scheduled for
During the first half of Thursday's European trading, the GBP/USD currency exchange rate remained below the resistance of the 55-hour simple moving average. Economic Calendar On Friday morning, at 06:00 GMT, the UK Retail Sales could cause a move. The event has caused moves from 8.6 to 20.6 since November 2020. Click on the link below to find out more about the
EUR/USD currency exchange rate found support in the 100-hour simple moving average on Wednesday and began a recovery. By the middle of Thursday's trading, the pair continued to be pushed up by the 100-hour SMA. Economic Calendar Analysis On Friday, all Euro pairs are set to be impacted by the monthly release of the Markit Purchasing Managers Indices. Starting from 07:15 GMT
As forecast, the yellow metal's price has once again approached and tested the resistance of the 1,790.00 level. Namely, the price bounced off the resistance even before it approached it. During the early hours of Wednesday's trading, the price had retraced to the support of the 55-hour simple moving average. Economic Calendar Analysis There are no events expected during the upcoming week
During Wednesday's Asian trading session, the USD/JPY managed to pierce the support of the 108.00 level. However, it did not result in a larger decline, as almost immediately the rate reversed from the support of the weekly S2 simple pivot point at 107.88. In the meantime, the currency exchange rate appeared to still find resistance in the 55-hour simple
During the European night and Asian trading hours, the GBP/USD currency exchange rate retreated below the support of the 55-hour simple moving average. Afterwards, up to the middle of the day, the SMA was providing the pair with resistance. Economic Calendar On Friday morning, at 06:00 GMT, the UK Retail Sales could cause a move. The event has caused moves from
By the middle of Wednesday's European trading hours, the EUR/USD currency exchange rate had declined to the support of the 100-hour simple moving average and the 1.2000 mark. Economic Calendar Analysis On Thursday, the European Central Bank is set to make a rate statement and release its monetary policy statement. This event is set to reveal how the central bank would manage
The resistance of the 1,790.00 level was enough for the metal's price to decline and break the ascending channel up pattern, which has guided the rate since April 14. In addition, the price had passed the support of the 55-hour SMA before finding support in the 1,765.00 level. Economic Calendar Analysis There are no events expected during the upcoming week that could
The support of the 108.00 level held out during three attempts of the pair to pass it. On Tuesday, the USD/JPY rate surged above the levels near 108.35 and tested the resistance of the 55-hour simple moving average near 108.50. Economic Calendar There are no notable events scheduled for the week that could notably impact the USD/JPY currency exchange rate. Click on
In the aftermath of passing the 1.4000 mark, the GBP/USD found resistance in the 1.4010 level. On Tuesday, a retracement back down was taking place. It was spotted at mid-day that the 1.3950 mark was providing support. Economic Calendar On Wednesday, at 06:00 GMT, the UK Consumer Price Index is set to be published. It could cause GBP/USD moves from 6.2
The surge of the EUR/USD eventually reached the resistance of the 1.2080 mark and the weekly R2 simple pivot point at 1.2075. Afterwards, the rate declined and reached the support of the weekly R1 simple pivot point at 1.2032. In the near term future, it was expected that the pair could test the resistance of the 1.2080 mark. Economic Calendar Analysis On Thursday,
The DUK+/EUR currency exchange rate remains below the wall of sell orders at 3.5100. The most notable difference from the previous week was that there were no longer dips occurring to the downside. The last short lived drop to the 3.5000 mark occurred on April 13. In regards to the sell order wall, it has decreased. On April 20, 7,633.00 coins
By the middle of Monday's European trading hours, the yellow metal's price had reached the 1,790.00 level. Since passing the 1,750.00 level on Thursday, the price had been gradually climbing. In the near term future, the surge was expected to test the resistance of the 1,800.00 mark. Economic Calendar Analysis There are no events expected during the upcoming week that could impact
On Monday morning, the USD/JPY dropped below the support of the 108.63 level, which kept the rate up during the last week. This resulted in a sharp move down that by the middle of Monday's trading reached the 108.00 mark. Economic Calendar There are no notable events scheduled for the week that could notably impact the USD/JPY currency exchange rate. Click on
On Monday, the GBP/USD started the week with an extension of Friday's surge. Namely, the rate confirmed previous resistance near 1.3800 as support and resumed the surge that started just before mid-day on Friday. Economic Calendar On Wednesday, at 06:00 GMT, the UK Consumer Price Index is set to be published. It could cause GBP/USD moves from 6.2 to 11.6 pips. On
At the start of Monday's trading, the EUR/USD started a surge, which by the middle of the day had almost reached the 1.2050 mark. The surge started in the aftermath of the rate finding support in the zone below the 1.1950 mark. Economic Calendar Analysis On Thursday, the European Central Bank is set to make a rate statement and release its monetary
The yellow metal's price has reached above the March high level zone that was located above the 1,755.00 level. On Friday, the price found support in the 1,760.00 level. Due to that reason the zone was extended and remains on the chart, as it is expected that it would provide support. In the meantime, the metal had faced and bounced off
The decline of the USD/JPY almost reached the 106.60 level, before recovering. During the early hours of Friday's trading, the pair was aiming at the resistance of the 109.00 level. Economic Calendar There are no notable events scheduled for the week that could notably impact the USD/JPY currency exchange rate. Click on the link below to find out more about the data
After many attempts to pass the 1.3800 level and the zone above it, the GBP/USD currency exchange rate eventually declined. During the early hours of Friday's trading hours, the rate had reached the support of the zone near the 1.3720 mark. This zone had provided minor impact throughout April. Economic Calendar Next week, on Wednesday, at 06:00 GMT, the UK Consumer Price
Instead of surging to the 1.2000 level the EUR/USD declined to the support of the 55-hour simple moving average. Moreover, at the start of Friday's GMT trading hours, the rate passed the support of the SMA. During the early hours of the day, the rate traded below the combined resistance of the 55-hour SMA and the weekly R1 simple pivot point