The AUD/USD currency pair has revealed a support zone at 0.6770/0.6775. At mid-day on Monday, the pair was fluctuating between the support zone and the resistance of the 0.6800 level, which was strengthened by the 50-hour simple moving average. A move above 0.6800 is expected to approach the resistance of the 100-hour simple moving average near 0.6830. Higher above, take
On Friday, the EUR/JPY currency exchange rate bounced off the resistance of the 140.50/140.75 zone. On Monday morning, the pair found support in the last week's low level zone at 138.30/138.70. A move below the support zone could almost immediately find additional support in the 200-hour simple moving average near 138.20. Further below, the 138.00 level might also slow
The recovery of the price for gold hit resistance in the form of the 100-hour simple moving average near the 1,715.00 mark. During the first half of Monday's trading, the price was still kept down by the SMA. A decline of the commodity price might look for support in the combination of the 1,705.00 level and the 50-hour simple moving
On Monday morning, the USD/JPY currency exchange rate remained near the 140.50 level. In general, the pair has been trading between the 140.00 and 140.80 levels since Friday. In the case of a surge, the pair would have to pass the Friday's high level at 140.80. Higher above the 141.00 mark and the weekly R1 simple pivot point at 141.44
The decline of the Pound against the US Dollar has reached the 1.1450 level. The pair has been declining in a set way. A new round low level is reached, the pair then retraces back above the previous round level, prior to reaching a new low level. For example, GBP/USD reached 1.1500, recovered above 1.1550 and then reached the 1.1450
On Monday morning, the EUR/USD currency pair booked a new historical low level, as the rate reached below the 0.9900 mark. However, the pair found support in the 0.9880 level and the weekly S1 simple pivot point at 0.9882. A potential recovery of the Euro against the US Dollar might encounter resistance in the combination of the 50, 100 and
On Thursday, the price for gold reached below the 1,700.00 mark and hit the 1,690.00 level, which acted as support. By 09:30 GMT, the price had recovered and broken the upper trend line of the channel down pattern and the 50-hour simple moving average. A continuation of the surge of the commodity was expected to encounter resistance in the 1.710.00/1,715.00
The USD/JPY currency pair has extended its surge above 140.00. During the first half of Friday's trading, the pair was finding support in the weekly R3 simple pivot point at 140.35. A move above the weekly R3 pivot point at 140.35 might encounter resistance in the 140.50 and 141.00 levels, before the USD/JPY reaches the upper trend line of
The Pound has continued to decline against the US Dollar. On Thursday, the pair hit the 1.1500 mark, which acted as support. Since mid-Thursday, the rate has retraced and been trading around the 1.1550 level. In the case of a decline, the pair would once again look for support in the 1.1500 mark. Further below, the weekly S3 simple pivot
The EUR/USD Thursday's drop found support in the August low level zone at 0.9900/0.9915. The support zone was enough to cause a recovery of the pair. During the early hours of Friday's trading, the pair had approached the 1.0000 mark. A move above the 1.0000 mark and the 50 and 100-hour simple moving averages might encounter resistance in the
With the start of a new month, the USD/CAD broke the resistance of the 1.3150 mark. By the middle of Thursday's trading, the pair appeared to be finding support in the exchange rate level. An extension of the ongoing USD surge against the Canadian Dollar might encounter resistance in the 1.3200 mark, the July high level at 1.3222, the 1.3250
Since the start of Wednesday's trading, the GBP/JPY currency pair has been trading between the support of the 161.00 level and resistance at 161.70. In the case of a Pound's decline compared to the Japanese Yen, the pair would have to pass the support of the 161.00 and 160.50 levels, and the weekly S1 simple pivot point at 160.73. Further
The AUD/USD rate eventually reached below the support zone near 0.6840 and the weekly S1 simple pivot point at 0.6828. The following decline found support on Thursday morning in the 0.6800 level. The round exchange rate caused a retracement back up. By the middle of the day's trading, the 0.6840 level was confirmed as resistance. A resumption of the Australian Dollar's
The EUR/JPY currency pair has broken resistance levels and reached the 140.00 mark, where the surge appears to have paused. At mid-day on Thursday, the pair had retraced back below the 139.50 level and was approaching the combination of the 139.00 level and the 50-hour simple moving average. A resumption of the Euro's surge against the Japanese Yen would have
The descending channel's resistance line held and the price for gold has declined below the 1,710.00/1,715.00 zone. By the middle of Thursday's European trading hours, the commodity had reached the 1,700.00 mark. The round price level provided support, as it was expected. If the price passes below 1,700.00, round price levels could act as support, before the metal reaches the lower
With the start of a new month, the USD/JPY broke the resistance of the 138.86/139.08 zone. During the early hours of Thursday's trading, the pair shortly reached above 139.50, prior to retracing and confirming the previous resistance zone as support. An extension of the surge would have to clearly pass the 139.50 level, before approaching the 140.00 mark and the weekly
The weekly S2 simple point's and the 1.1600 level's support held for half a day, before September started and the rate declined further. By the middle of Thursday's trading, the pair was heading to the 1.1550 level. A decline of the GBP/USD currency pair might look for support in the 1.1500 mark. Further below, take into account the weekly S3 simple
The fundamental recovery of the EUR/USD eventually found resistance in the 1.0080 level. The 1.0080 level and the Friday's high level have been marked as a resistance zone. Meanwhile, the recent low levels have been charted to show a support zone. At mid-day on Thursday, the pair traded between the two zones at 1.0080/1.0090 and 0.9970/0.9980. In the case of
Despite moving below the 1.3000 mark and technical levels below it, the USD/CAD started a recovery once it reached the 1.2975 level. The recovery eventually reached above the 1.3060/1.3075 zone and even confirmed it as support. During late Wednesday's trading, the support zone was still active and resistance was found in the 1.3140 level. A move below the 1.3060/1.3075 range might
On Wednesday morning, the GBP/JPY currency pair broke the ascending channel pattern and declined to the 161.00 level. The 161.00 level acted as support and the rate retraced upwards. In the case of a Pound's decline compared to the Japanese Yen, the pair would have to pass the support of the 161.00 and 160.50 levels, and the weekly S1 simple
On Tuesday morning, the AUD/USD currency exchange rate adjusted to a USD surge, which was attributed to high US job openings data. During the pair's decline, it reached the 0.6840/0.6845 zone, which has continued to act as support on Wednesday. In the meantime, a potential recovery encountered resistance in the 0.6900 mark. A decline below 0.6840/0.6845 range could find support in
This morning, at 09:00 GMT, the higher than expected Euro Zone Consumer Price Index Estimate caused a reversal of an ongoing decline of the Euro against peer currencies. The markets took in high inflation as a reason for the European Central Bank to be more hawkish and reduce the supply of the Euro more than previously planned. Afterwards, as the
The price for gold has hit the 1,710.00/1,715.00 zone, as the 50-hour simple moving average has provided enough resistance for the commodity price to decline. In the meantime, it was spotted that the price has been declining in a channel down pattern since August 25. At mid-day on Wednesday, the support zone held and a recovery approached the combination of
Since Monday morning, the USD/JPY currency exchange rate has been fluctuating between the support of the 138.07/138.26 zone and resistance at 138.86/139.08. A move above the 138.86/139.08 zone could result in the pair testing the resistance of the 139.50 and 140.00 levels. Higher above, note the weekly R3 simple pivot point at 140.35. On the other hand, a decline of the