On Tuesday, the yellow metal dipped below the support zone of 1,810.00 level. However, the price almost immediately found support in the 100-hour simple moving average near 1,802.00. On Wednesday, the price had recovered and traded sideways around the 1,815.00 level. Economic Calendar Analysis This week, the price could be impacted by the release of the US ISM Manufacturing Purchasing Managers Index
Despite piercing the supporting trend line, the USD/JPY did not decline. The rate found support in the 109.60 level and surged. By the middle of Wednesday's GMT trading hours, the pair had reached the 110.40 level. Economic Calendar This week, the rate could be impacted by the release of the US ISM Manufacturing Purchasing Managers Index release on Wednesday at 14:00
The rate's two attempts to pass the 1.3800 mark failed and a decline followed. On Wednesday morning, the GBP/USD currency exchange rate found support in the lower trend line of the channel up pattern, which has guided the pair since August 19. Economic Calendar This week, the GBP/USD could be impacted by the release of the US ISM Manufacturing
After reaching the 1.1840 level on Tuesday, the EUR/USD began a decline. The decline eventually reached the support of the 1.1800 level before recovering. Meanwhile, take into account that the pair had shortly fluctuated below the 1.1800 mark. Economic Calendar Analysis This week, the EUR/USD could be impacted by the release of the US ISM Manufacturing Purchasing Managers Index release
The yellow metal's price, on Monday, retraced down and found support in the late-August high level zone near 1,805.00/1,810.00. On Tuesday morning, additional support was approaching the bullion. Namely, the 55-hour simple moving average reached above the 1,810.00 level. Economic Calendar Analysis This week, the price could be impacted by the release of the US ISM Manufacturing Purchasing Managers Index release on Wednesday
The USD/JPY ignored the resistance of the 55, 100 and 200-hour simple moving averages in the 109.85/109.95 zone. Moreover, the weekly simple pivot point at 109.85 provided the rate with resistance for only three hours before being passed. However, since the middle of Monday's trading hours, the pair has been respecting the 110.00 mark. Economic Calendar This week, the rate could
The GBP/USD has passed the August high level zone and reached the 1.3800 level. During Tuesday's early London trading hours, the rate had retraced back down and looked for support. Economic Calendar This week, the GBP/USD could be impacted by the release of the US ISM Manufacturing Purchasing Managers Index release on Wednesday at 14:00 GMT. The top day for
The EUR/USD has clearly passed the previous August high level near 1.1800. On Tuesday morning, the currency exchange rate reached the 1.1830 level. After reaching the 1.1830, the pair began to consolidate. Economic Calendar Analysis This week, the EUR/USD could be impacted by the release of the US ISM Manufacturing Purchasing Managers Index release on Wednesday at 14:00 GMT. The top
Since August 23, the DUK+/EUR exchange rate has been fluctuating mostly above the 2.0000 mark. However, the 2.0000 does not provide support, as the rate quite often retreats to trade as low as 1.9500. Meanwhile, various sized clusters of buy and sell orders had appeared close by to the pair. The clusters of sell and buy orders need to be watched
On Friday, the price for gold jumped, as it passed the 1,800.00 level and other round price levels. The surge ended when the price made an attempt to pass the resistance of the 1,820.00 mark. After shortly trading above the 1,820.00 level, the rate retreated to trade below it. Economic Calendar Analysis This week, the price could be
After making attempts to pass the August high levels near 110.20, the USD/JPY currency exchange rate retreated on Friday. On Monday, the rate traded below the resistance of three hourly simple moving average and the weekly simple pivot point at 109.86. Economic Calendar This week, the rate could be impacted by the release of the US ISM Manufacturing Purchasing
On Monday morning, the GBP/USD currency exchange rate was testing the resistance of the August high level and the 1.3780 mark. In the meantime, the most close by technical support levels were located near the 1.3735 level. Economic Calendar This week, the GBP/USD could be impacted by the release of the US ISM Manufacturing Purchasing Managers Index release on
On Monday morning, the EUR/USD currency exchange rate pierced the August high level near the 1.1800 mark. However, by the middle of the day's European trading the event was not followed up by a surge. Economic Calendar Analysis This week, the EUR/USD could be impacted by the release of the US ISM Manufacturing Purchasing Managers Index release on Wednesday at
On Thursday, the yellow metal's price rose by 110 pips or 0.62%. The commodity breached the 55– and 100– hour simple moving averages during Thursday's trading session. Economic Calendar Analysis XAU/USD short-term forecast All things being equal, the precious metal could continue to trend bullish during the following trading session. The potential target for bulls will be near
The USD/JPY currency pair failed to break the resistance level at 110.20 on Thursday. Economic Calendar USD/JPY short-term review Currently, the exchange rate is trading near a support level formed by the 100– hour simple moving average at 109.89. If the currency exchange rate breaks the support level, a decline towards the weekly pivot point at 109.71 could be
On Thursday, the British Pound fell by 66 pips or 0.48% against the US Dollar. A breakout occurred through the lower boundary of an ascending channel pattern during Thursday's trading session. Economic Calendar GBP/USD short-term review Given that a breakout has occurred, sellers are likely to continue to pressure the exchange rate lower during the following trading session. The potential
On Thursday, the common European currency fell by 30 pips or 0.25% against the US Dollar. The decline was stopped by the 100– hour simple moving average during Thursday's trading session. Economic Calendar Analysis EUR/USD hourly chart's review If the exchange rate breaks the 100– hour SMA support line at 1.1746, a decline towards the 61.80% Fibonacci retracement level at 1.1723
On August 25, the XAU/USD exchange rate fell by 121 pips or 0.67%. The decline was stopped by the 200– hour simple moving average during Wednesday's trading session. Economic Calendar Analysis On Thursday, the US Preliminary GDP could cause a notable reaction in the markets. XAU/USD short-term forecast By and large, the commodity is likely to continue to edge lower
On August 25, the US Dollar surged by 38 pips or 0.35% against the Japanese Yen. The currency pair reversed from a support line at 109.71 during Wednesday's trading session. Economic Calendar On Thursday, the US Preliminary GDP could cause a notable reaction in the markets. USD/JPY short-term review Everything being equal, the exchange rate is likely to continue to trend
On Wednesday, the British Pound surged by 62 pips or 0.46% against the US Dollar. The currency pair breached the weekly resistance line at 1.3750 during Wednesday's trading session. Economic Calendar On Thursday, the US Preliminary GDP could cause a notable reaction in the markets. GBP/USD short-term review All things being equal, the exchange rate could continue to trend higher in
On Wednesday, the EUR/USD currency pair bounced off a support level formed by the 200– hour simple moving average at 1.1729. As a result, the common European currency surged by 43 pips or 0.37% against the US Dollar during Wednesday's trading session. Economic Calendar Analysis On Thursday, the US Preliminary GDP could cause a notable reaction in the markets. EUR/USD hourly
After encountering resistance at the 1,810.00 level, the price for gold began a decline. On Wednesday, the decline had reached the 1,792.40/1,795.60 support zone. Since reaching the zone, the commodity price has been trading sideways in it. Economic Calendar Analysis On Wednesday, US Durable Goods Orders release at 12:30 GMT could cause an adjustment in the value of the US
The USD/JPY dipped to the 109.42 level on Tuesday. With it, the pair confirmed that there is a support zone in the 109.42/109.49 zone. Meanwhile, the recent August high levels have been marked to reveal a resistance zone at 110.15/110.23. In addition, the currency exchange rate continues to ignore the 55, 100 and 200-hour simple moving averages and the
Since the middle of Monday's trading, the GBP/USD has continued to trade between the 1.3700 and 1.3750 levels. On Wednesday morning, the rate was approached by the support of the 55-hour simple moving average near 1.3710 and the 200-hour simple moving average at 1.3740. Economic Calendar On Wednesday, US Durable Goods Orders release at 12:30 GMT could cause