The GBP/USD broke the resistance of the 1.3870 level and reached the 1.3900 mark. This level started to provide resistance to the currency exchange rate. Near term future scenarios were based upon whether the rate manages to pass the resistance of 1.3900. Economic Calendar On Wednesday, the US Consumer Price Index data could cause a minor move on USD assets at 13:30
At the start of Tuesday's trading, the EUR/USD found support in the weekly S1 simple pivot point at 1.1838. It resulted in a surge, which passed the resistance of the 55-hour simple moving average. In the near term future, the pair was expected to reach for the 1.1950 level and the 100-hour simple moving average. Economic Calendar Analysis Notable data releases will start
The DUK+/EUR currency exchange rate has ended being flat and declined. It occurred, as some sellers took the buy orders below the 3.5000 mark. In the meantime, the rate still faces a massive wall of sell orders at 3.5100. Moreover, almost thousand orders have been moved to the 3.4500 level. Daily Candle Chart What can be concluded from the
During early Monday's trading, the metal made a failed attempt at surging. The attempt was stopped by the resistance of the 100-hour simple moving average. By the middle of the day, the price had returned to the 1,690.00 level's support. Economic Calendar Analysis On Wednesday, the US Consumer Price Index data could cause a minor move on USD assets at 13:30 GMT. Click
The USD/JPY has been consolidating by trading sideways, as the pair found resistance at the 108.60 level. The rate could resume its surge, as soon as the 55-hour simple moving average catches up with the rate. Economic Calendar On Wednesday, the US Consumer Price Index data could cause a minor move on USD assets at 13:30 GMT. The USD/JPY has moved from
The GBP/USD started to recover prior to reaching the support of the February 12 low level at 1.3775. However, the recovery was almost immediately stopped by the resistance of the 1.3870 level. Meanwhile, take into account that the metal was being approached by the resistance of the 55-hour simple moving average. Economic Calendar On Wednesday, the US Consumer Price Index data could
The EUR/USD has extended its decline, as on Monday the rate reached below the support of the 1.1900 mark. The rate started the decline on Thursday, as the head of the Federal Reserve made comments on monetary policy. In the near term future, the rate was expected to look for support in the 1.1850 mark. Economic Calendar Analysis Notable data releases will
The yellow metal has retreated to trade sideways below the 1,700.00 level. Namely, it continues to trade sideways in an almost ten dollar range by fluctuating between the 1,690.00 and 1,700.00 levels. It changed the spot of trading sideways during the speech of the Chairman of the US Federal Reserve, which strengthened the US Dollar. Economic Calendar Analysis On Friday, at 13:30
New high levels have been reached by the USD/JPY the most recent surge was caused by the US Federal Reserve. Namely, a speech made by the head of the Federal Reserve Jerome Powell has caused an all-out surge of the USD. At mid-day on Friday, the rate was testing the resistance of the 108.50 level. Economic Calendar On Wednesday, the US ADP
As soon as the 1.4000 mark's resistance was pierced, the rate started to plummet. Namely, a fundamental event caused a drop, which eventually even passed the support of the 1.3830/1.3870 zone. On Friday, the rate was looking for support in the 1.3800 mark. In the meantime, it was spotted that a majority of GBP/USD traders of the Swiss Foreign
The speech of the Chairman of the Federal Reserve Jerome Powell on Thursday at 17:00 GMT caused a surge of the US Dollar, which beat down the EUR/USD. By the middle of Friday's GMT trading hours, the rate had reached the 1.1920 level. In the near term future, the rate was expected to look for support that would force it
Since the middle of Wednesday, the yellow metal has traded between the 1,710.00 and 1,720.00 levels. In the near term future, the metal could be pushed down by the resistance of the 55 and 100-hour simple moving averages. Economic Calendar Analysis On Wednesday, the US ADP Non-Farm Employment Change at 13:15 GMT will be on the headlines. On the same day, at
The surge of the USD/JPY has continued, as on Thursday morning the rate almost reached the 107.40 level. However, a consolidation by trading sideways or declining was highly likely, as the USD had overextended its gains against the JPY. Economic Calendar On Wednesday, the US ADP Non-Farm Employment Change at 13:15 GMT will be on the headlines. However, the market does not
The 1.4000 mark held and forced the rate into a decline. It appeared on Thursday, that the rate could end the week by having traded up and down in the 1.3870/1.4000 zone. In the near term future, the rate was expected to look for support in 1.3870. Economic Calendar On Wednesday, the US ADP Non-Farm Employment Change at 13:15 GMT will be
The EUR/USD bounced off the resistance of the 1.2100 mark and began a decline. At mid-day on Thursday, the decline was expected to eventually reach the 1.2000 level. Future short term forecasts were based upon whether the 1.2000 mark provides support. Economic Calendar Analysis On Wednesday, the US ADP Non-Farm Employment Change at 13:15 GMT will be on the headlines. However, the market
Late on Tuesday, the metal's price found resistance in the 1,740.00 mark and began a decline. During early hours of US trading, the metal had almost reached the support of the 1,700.00 mark. It was expected that this level could provide support and stop the decline. Economic Calendar Analysis On Wednesday, the US ADP Non-Farm Employment Change at 13:15 GMT will be on
On Wednesday, the USD/JPY was being supported by the 55-hour simple moving average, which was pushing the rate up. It was expected that the rate would most likely reach new high levels. Economic Calendar On Wednesday, the US ADP Non-Farm Employment Change at 13:15 GMT will be on the headlines. However, the market does not care, as since December 2 the rate
The GBP/USD currency exchange rate recovered from the support of the 1.3850 mark and surged to the 1.4000 level. Future forecasts were based upon whether or not the 1.4000 mark hold and reverses the pair's recovery. Economic Calendar On Wednesday, the US ADP Non-Farm Employment Change at 13:15 GMT will be on the headlines. However, by large, the market does not care,
The 1.2000 mark managed to provide enough support to the EUR/USD to cause a surge back to the 1.2100 mark. At mid-day on Wednesday, the rate was testing the resistance of the 1.2100 mark, as it made attempts to pass it and reach the technical levels at 1.2125. Economic Calendar Analysis On Wednesday, the US ADP Non-Farm Employment Change at 13:15 GMT will
The yellow metal reached the 1,710.00 level just after midnight to Tuesday, GMT hours. Afterwards, throughout most of the day, the price was recovering. In the near term future, the metal could be pushed down by the resistance of the 55-hour simple moving average, which approached the rate. However, a lower trend line of a large scale pattern was located
The USD/JPY has reached a new high level, as it has almost reached the 107.00 mark. In the near term future, the pair was expected to look for support that could provide the needed push for the rate to reach new high levels. Economic Calendar On Wednesday, the US ADP Non-Farm Employment Change at 13:15 GMT will be on the headlines.
The GBP/USD reached the support that surrounds the 1.3850 mark and bounced off it. Afterwards, the 55-hour SMA was reached. The near term future, depended on whether the 55-hour SMA manages to push the rate down and through the support of the 1.3850 mark. Economic Calendar On Wednesday, the US ADP Non-Farm Employment Change at 13:15 GMT will be on the headlines.
On Tuesday, the EUR/USD had reached the support of the 1.2000 mark. By doing this, the rate had passed the support of the mid-February low level and the weekly S1 simple pivot point at 1.2011. In the meantime, the rate was being approached by the resistance of the 55-hour simple moving average, which was located near 1.2070. Economic Calendar Analysis On Wednesday, the
The market faces a massive, never before seen, amount of sell orders at 3.5100. Namely, 6,386.60 coins should be sold at 3.5100. Due to that reason a surge of the price is highly unlikely. Meanwhile, during the last week, the rate has remained almost flat. Daily Candle Chart What can be concluded from the technical chart is that the simple moving averages