The rate failed to pass the resistance of the 1.3200 level and began a decline, which by the middle of Monday's trading session had touched the 1.2963 level. The rate was expected to consolidate by retracing back up or trading sideways before resuming its decline. UK Retail Sales The British Pound depreciated against the US Dollar, following the UK Retail Sales
As it was forecast on Friday morning, the EUR/USD has declined. However, the rate dropped a lot sharper than it was expected. In general, the rate was expected to continue the decline sooner or later to support levels below 1.1070. Economic Calendar Analysis Throughout the week releases from the European Union will be published. On Thursday, the European Central Bank will announce
Since Wednesday, the XAU/USD exchange rate has been consolidating in the 1,555.00 area. Given that the rate is squeezed by 55-, 100- and 200-hour SMAs, it is likely that gold could continue to consolidate against the US Dollar in the short run. Economic Calendar Analysis Next week's scheduled event historical data tables have been published. Click on the link below to read the
On Friday morning, the USD/JPY currency pair was testing the resistance level formed by the weekly R1 and the monthly R2 at 110.25. If the given resistance holds, it is likely that some downside potential could prevail. Economic Calendar Next week's scheduled event historical data tables have been published. Click on the link below to read the article. Read More: 20.01-24.01 Event Historical
During Friday morning, the GBP/USD exchange rate tested the resistance level - the weekly PP at 1.3099. The rate could gain support of 55- and 100-hour SMAs, and re-test the given resistance. UK Retail Sales The British Pound depreciated against the US Dollar, following the UK Retail Sales data release on Friday at 09:30 GMT. The GBP/USD exchange currency rate lost
During Friday morning, the EUR/USD currency pair dropped below the 1.1120 level. Given that the pair is pressured by 55-, 100- and 200-hour moving averages, it is likely that some downside potential could prevail. Economic Calendar Analysis Throughout the next week releases from the European Union will be published. On Thursday, the European Central Bank will announce its Main Refinancing Rate at
Since Wednesday, the XAU/USD exchange rate has been consolidating in the 1,555.00 area. Given that the rate is squeezed by 55-, 100- and 200-hour SMAs, it is likely that gold could continue to consolidate against the US Dollar in the short run. Economic Calendar Analysis This week's scheduled event historical data tables have been published. Click on the link below to read the
On Thursday, the USD/JPY currency pair was trading sideways in the 109.90 area. The pair could gain support of the 55- and 100-hour SMAs and extend gains in the nearest future. Economic Calendar This week's scheduled event historical data tables have been published. Click on the link below to read the article. Read More: 13.01-17.01 Event Historical Reactions USD/JPY short-term daily review Yesterday, the
During Thursday morning, the GBP/USD exchange rate was testing the upper boundary of the medium-term descending channel. From a theoretical perspective, it is likely that a reversal south could occur. Economic Calendar This week's scheduled event historical data tables have been published. Click on the link below to read the article. Read More: 13.01-17.01 Event Historical Reactions GBP/USD short-term review Yesterday, the GBP/USD exchange
During Thursday morning, the EUR/USD currency pair was trading near the upper boundary of the short-term ascending channel. From a theoretical point of view, it is likely that a reversal south could occur in the nearest future. Economic Calendar Analysis This week's scheduled event historical data tables have been published. Click on the link below to read the article. Read More: 13.01-17.01 Event
On Wednesday morning, the XAU/USD exchange rate traded at 1,553.00. Given that the rate is squeezed by 55-, 100- and 200-hour SMAs, it is likely that gold could consolidate against the US Dollar in the short run. Economic Calendar Analysis This week's scheduled event historical data tables have been published. Click on the link below to read the article. Read More: 13.01-17.01 Event
On Wednesday, the USD/JPY currency pair was trading sideways in the 110.00 area. The pair could face support of the 100-hour SMA at 109.76 and go upwards within the following trading session. Economic Calendar This week's scheduled event historical data tables have been published. Click on the link below to read the article. Read More: 13.01-17.01 Event Historical Reactions USD/JPY short-term daily review Yesterday,
During Wednesday morning, the GBP/USD exchange rate was testing the 100-hour moving average. Given that the rate is supported by the 55-hour SMA, it is likely that some upside potential could prevail. Economic Calendar This week's scheduled event historical data tables have been published. Click on the link below to read the article. Read More: 13.01-17.01 Event Historical Reactions GBP/USD short-term review Yesterday, the
During Wednesday morning, the EUR/USD currency pair was surpassed the resistance formed by the 200-hour SMA, as well the weekly PP at 1.1140. Given that the pair is supported by the 55- and 100-hour SMAs, it is likely that some upside potential could prevail. Economic Calendar Analysis This week's scheduled event historical data tables have been published. Click on the link below to
On Monday morning, the XAU/USD exchange rate tested the monthly R1 at 1,544.31. Given that the rate is pressured by the 100- and 200-hour SMAs, it is likely that the price for gold could go downwards. Economic Calendar Analysis This week's data releases will start with the US CPI and Core CPI on Tuesday at 13:30 GMT. Meanwhile, this week's scheduled event historical data
On Monday, the USD/JPY currency pair was testing the resistance formed by the weekly R1 and the monthly R2 at 100.25. If the given resistance holds, it is likely that the pair could consolidate. Economic Calendar Today, the US Consumer Price Indices might cause a minor move on the US Dollar pairs. Meanwhile, this week's scheduled event historical data tables have been published.
During Monday morning, the GBP/USD exchange rate was trading at the weekly S1 at 1.2985. Note that the exchange rate is pressured by the 55-, 100- and 200-hour SMA. Thus, some downside potential could prevail. Economic Calendar Today, the US Consumer Price Indices might cause a minor move on the US Dollar pairs. Meanwhile, this week's scheduled event historical data tables have been published.
During Tuesday morning, the EUR/USD currency pair was testing the resistance formed by the weekly PP at 1.1139. Note that the pair is pressured by the 200-hour SMA. Thus, it is likely that some downside potential could prevail in the market. Economic Calendar Analysis Today, the US Consumer Price Indices might cause a minor move on the US Dollar pairs. Meanwhile, this week's
On Monday morning, the XAU/USD exchange rate consolidated around the 1,555.00 level. Given that the rate is squeezed by the 100- and 200-hour SMAs, it is likely that the price for gold could maintain its consolidation. Economic Calendar Analysis This week's data releases will start with the US CPI and Core CPI on Tuesday at 13:30 GMT. Meanwhile, this week's scheduled event historical data
Since Friday, the USD/JPY currency pair has been consolidating at the 109.60 level. Note that the pair is supported by the 55-hour SMA. Thus, some upside potential could prevail in the market. Economic Calendar On Tuesday, the US Consumer Price Indices might cause a minor move on the US Dollar pairs. Meanwhile, this week's scheduled event historical data tables have been published. Click on
During Monday morning, the GBP/USD exchange rate dropped below 1.3020. Note that the exchange rate is pressured by the 55-hour SMA. Thus, some downside potential could prevail. US ISM Non-Manufacturing PMI Automatic Data Processing, Inc. released the US ADP Non-Farm Employment Change data, which came out better-than-expected of 202K compared with the forecast of 160K. The data, as it had done before,
During Monday morning, the EUR/USD currency pair was testing the resistance provided by the 100-hour SMA at 1.1126. If the given resistance holds, it is likely that a reversal south could occur in the nearest future. US ISM Non-Manufacturing PMI The European Common Currency traded sideways against the US Dollar, following the US ISM Non-Manufacturing PMI survey results release on Tuesday at
On Friday, the yellow metal traded above the support of the 200-hour simple moving average, which was supported by the R1 monthly pivot point at 1,544.31. In general, the price was expected to trade sideways until the resistance of the 55-hour simple moving average approaches. Economic Calendar Analysis The week will end with the three US employment data sets being published at 13:30
After many attempts, the USD/JPY managed to pass the resistance of the 50.00% Fibonacci retracement level, which was located at the 109.58 level. By the middle of Friday's London trading session, the rate had reached the 109.65 level. Economic Calendar The week will end with the three US employment data sets being published at 13:30 GMT. Since August 2019, the USD/JPY has moved