On Tuesday, the EUR/USD dropped below the support of the weekly S1 simple pivot point. The move was caused by the publication of the European Union's Preliminary GDP data. The Euro depreciated against the US Dollar, following the EU Prelim Flash GDP data release on Tuesday at 10:00 GMT. The EUR/USD exchange currency rate lost 30 pips or 0.25% after the
The yellow metal increased its volatility on Friday, as the commodity price fluctuated between 1,840.00 and 1,875.00. On Monday, the metal had reduced volatility, as it traded between 1,855.00 and 1,870.00. Economic Calendar Analysis On Monday, the US ISM Manufacturing PMI at 15:00 GMT could cause a move. On Wednesday, the US ISM Non-Manufacturing PMI could cause a move. Thursday will bring
On Monday, the USD/JPY was approaching the resistance of the 105.00 level, which was expected to provide resistance. The 105.00 level could provide psychological resistance and the 23.60% Fibo at 105.03 strengthens it. Economic Calendar On Monday, the US ISM Manufacturing PMI at 15:00 GMT could cause a move. The USD/JPY has moved from 5.5 to 27.7 base points on the
The GBP/USD has continued to respect the resistance zone of the 1.3740/1.3760 levels. On Monday, the rate had retreated from the resistance zone and approached the lower trend line of the rising wedge pattern. The near term future was dependant on whether or not the trend line holds. Economic Calendar On Monday, the US ISM Manufacturing PMI at 15:00 GMT could cause
After bouncing off the resistance of the 1.2150 level on Friday, the EUR/USD began a decline. By the middle of Monday's trading, the decline had found support in the weekly S1 simple pivot point at 1.2070. The near term future scenarios depended on whether or not the pivot point managed to hold. Economic Calendar Analysis On Monday, the US ISM Manufacturing PMI at
After trading with high volatility between 1,835.00 and 1,865.00, at mid-day on Friday the yellow metal's price was located just below the 1,865.00 level. In the meantime, take into account that the whole zone from 1,864.40 to 1,868.40 was providing resistance. Economic Calendar Analysis Next week, on Monday, the US ISM Manufacturing PMI at 15:00 GMT could cause a move. On
At mid-day on Friday the USD/JPY currency exchange rate was testing the resistance of the weekly R3 simple pivot point at 104.94. In the meantime, it was spotted throughout the week that the USD/JPY respected as resistances and support levels the simple weekly pivot points. In the meantime, note that the 105.00 level could provide psychological resistance and the 23.60%
The GBP/USD bounced off the support of the rising wedge pattern and surged to the 1.3745 level. The rate bounced off the resistance of this level and declined. By the middle of Friday's GMT trading hours, he rate had almost declined back to the support line. Economic Calendar Next week, on Monday, the US ISM Manufacturing PMI at 15:00 GMT
On Thursday afternoon, the EUR/USD currency exchange rate began to test the resistance levels that were located from 1.2125 to 1.2140. At mid-day on Friday, the rate was making its third attempt to pass these levels. The near term future depended on whether or not the pair passes the resistance of the 1.2140 mark. Economic Calendar Analysis Next week, on Monday, the
At mid-day on Thursday, the price for gold jumped and passed the resistance of the hourly simple moving averages. In the near term future, the price was expected to continue to surge and test previous high levels. Economic Calendar Analysis On Thursday, January 28, the US Advance GDP data is set to be released at 13:30 GMT. Also, the US Unemployment Claims
The USD/JPY has jumped, as the currency exchange rate has passed almost all technical resistance levels. At mid-day on Thursday, the currency exchange rate was consolidating by trading sideways between the 104.22 and 104.37 levels. Economic Calendar On Thursday, January 28, the US Advance GDP data is set to be released at 13:30 GMT. Also, the US Unemployment Claims data will
The GBP/USD has once again retreated to the lower trend line of the ascending wedge pattern. This time, the trend line was reached near the 1.3640 mark. The future scenarios depended on whether or not the trend line holds. Economic Calendar On Thursday, January 28, the US Advance GDP data is set to be released at 13:30 GMT. Also, the US Unemployment
Since the middle of Wednesday's trading hours, the EUR/USD has traded sideways in a 50 pip range between 1.2130 and 1.2080. In the near term future, the sideways trading was expected to continue. Economic Calendar Analysis On Thursday, January 28, the US Advance GDP data is set to be released at 13:30 GMT. Also, the US Unemployment Claims data will be published
After holding for eight hours on Tuesday, the support of the ascending wedge pattern broke. This resulted first in trading above the 1,850.00 mark, and afterwards a decline. By the middle of Wednesday's GMT trading hours, the commodity price had reached below the 1,845.00 level. Economic Calendar Analysis On Wednesday, January 27, the Federal Reserve is going to unveil its monetary policy
The USD/JPY has found support above the 103.50 mark and surged above the hourly simple moving averages, the trend line of the descending pattern and a pivot point. Economic Calendar On Wednesday, January 27, the Federal Reserve is going to unveil its monetary policy plans by publishing the FOMC Statement at 19:00 GMT. On Thursday, January 28, the US Advance GDP data
On Wednesday morning, the GBP/USD currency exchange rate traded in the range between the 1.3720 and 1.3760 levels. In the near term future, the currency pair had more than a couple of possible future scenarios. Economic Calendar On Wednesday, January 27, the Federal Reserve is going to unveil its monetary policy plans by publishing the FOMC Statement at 19:00 GMT. On Thursday,
During Tuesday's trading hours the EUR/USD currency exchange rate revealed that it can no longer be impacted by the hourly simple moving averages. Meanwhile, the rate showed that it respects the support and resistance of round exchange rate levels. On Wednesday morning, the pair had retreated and once again tested the support of the 1.2120 level. Economic Calendar Analysis On Wednesday, January 27,
Since the start of Monday's trading hours, the yellow metal has been trading above the support of the 200-hour simple moving average and the 1,850.00 level. In the meantime, resistance was provided by the 1,860.00 level and two technical levels that strengthened it. Economic Calendar Analysis On Wednesday, January 27, the Federal Reserve is going to unveil its monetary policy plans by
Despite the USD/JPY piercing the trend line of the 2021 high levels, the rate returned to trade below it on Tuesday. During the day's afternoon hours, the pair bounced off the trend line and passed four technical support levels. In regards to the near term future, the rate was expected to continue to decline a slow as 103.50. Economic Calendar On Wednesday,
The GBP/USD eventually reached the lower trend line of the rising wedge pattern. The trend line provided enough support for a sharp surge to occur. By the middle of Tuesday's trading, the rate had reached the 1.3700 mark. In the near term future, the rate was expected to test the resistance of the 1.3720 mark and afterwards the 1.3740 level. Economic
On Tuesday morning, the EUR/USD currency exchange rate revealed that the support of the 200-hour SMA is incapable of keeping the rate up. Namely, the rate passed the support and touched the 1.2110 level. By the middle of the day's European trading hours, the currency exchange rate had bounced off the 1.2110 level and retraced up to the 1.2140 mark. Economic Calendar
The most noteworthy updated aspect of the DUK+/EUR currency exchange rate is the lack of buy and sell orders at dukascoin.com. Meanwhile, during the previous week, the situation by far has remained unchanged. With the exception of one spike up on January 14, the DUK+/EUR currency exchange rate has continued to fluctuate almost flat. Namely, the rate has been trading in the
By the start of Monday's US trading hours, the price for gold had found support in the 200-hour simple moving average and had surged above technical resistance levels. Economic Calendar Analysis On Wednesday, January 27, the Federal Reserve is going to unveil its monetary policy plans by publishing the FOMC Statement at 19:00 GMT. On Thursday, January 28, the US Advance GDP data
On Monday, the USD/JPY bounced off the resistance line that can be drawn by connecting the January high levels. Afterwards, the pair found support in the hourly simple moving averages. In the meantime, a declining wedge pattern was charted on the rate's hourly candle chart. Economic Calendar On Wednesday, January 27, the Federal Reserve is going to unveil its monetary policy plans