On Wednesday, the Federal Reserve's monetary statement caused a drop, which tested the support zone below the 1,795.00 mark. The support zone held and the yellow metal's price started a surge, which passed the resistance of the 55, 100 and 200-hour simple moving averages and broke the upper trend line of a channel down pattern. By the middle of Thursday's trading,
The USD/JPY managed to pass the resistance cluster that was located from 110.00 to 110.20. The rate managed to do so due to the initial surge that was caused by the US Federal Reserve on Wednesday at 18:00. However, the jump was followed by a decline. On Thursday, the rate had retreated and traded almost sideways below the 110.00 level.
The GBP/USD currency exchange rate has passed the resistance of the 1.3900 mark and the weekly R2 simple pivot point at 1.3919. The next target for the rate appears to be the 1.4000 level. Economic Calendar On Thursday, the US Advance GDP at 12:30 GMT is bound to move the US Dollar's value. The pair has moved 9.6 to 21.8 pips on
Despite an initial sharp drop that was caused by the Federal Reserve on Wednesday, on Thursday, the EUR/USD had recovered and reached above the resistance of the 1.1850 mark. In addition, the rate had passed the resistance of the weekly R2 simple pivot point at 1.1864. Economic Calendar Analysis On Thursday, the US Advance GDP at 12:30 GMT is bound to move the
Changes in trading conditions of the DUK+/EUR pair have caused a decline of the rate. In general, on July 15 and 20 transaction and liquidity fees were reduced. In addition, minimum trade sizes and the threshold for the low liquidity fee application was also changed. The event has caused an end to the sell order wall, which was present at 3.5100,
The support of the 1,795.00 price level held on Tuesday. Afterwards, the bullion surged to the resistance of the 200-hour simple moving average near 1,807.00 On Wednesday, the rate had bounced off the SMA and declined to the 1,800.00 level. Economic Calendar Analysis The top event of all will take place on Wednesday at 18:00 GMT. The US
The USD/JPY declined on Tuesday. The decline reached down to the 109.60 level and the weekly S1 simple pivot point at 109.58. Afterwards, a recovery started, which by the middle of Wednesday's trading had reached the resistance of the 110.00 mark. Economic Calendar The top event of all will take place on Wednesday at 18:00 GMT. The US
The GBP/USD currency exchange rate managed to pass the resistance of the weekly R1 simple pivot point at 1.3835 due to the support of the 55-hour simple moving average. By the middle of Wednesday's European trading hours, the currency exchange rate had reached the 1.3900 mark. The 1.3900 has been keeping the rate down throughout July. Economic Calendar The
On Tuesday, the EUR/USD not only managed to pass the resistance of the weekly R1 and the late July high levels, but also reached the 1.1840 level. The 1.1840 provided enough resistance for the rate to decline. On Wednesday morning, the rate's decline found support in the 55-hour simple moving average. Economic Calendar Analysis The top event of all will take place
The 1,810.00 level provided enough resistance for the price of gold to start a decline. On Tuesday morning, the price had reached below the 1,800.00 level and traded between the 1,795.00 and 1,800.00 levels. Economic Calendar Analysis The top event of all will take place on Wednesday at 18:00 GMT. The US Federal Reserve is scheduled to make
The USD/JPY has revealed that it respects the resistance of the 110.40 level. Meanwhile, support appears to be provided by the 110.10 level and the 100-hour simple moving average. However, on Tuesday morning, the support of the simple moving average was passed. Economic Calendar The top event of all will take place on Wednesday at 18:00 GMT. The
The surge, which followed the GBP/USD breaking the channel down pattern and the resistance of the 1.3800 mark, has found resistance. Namely, since the middle of Monday's trading hours, the pair has been fluctuating sideways below the weekly R1 simple pivot point at 1.3835. Economic Calendar The top event of all will take place on Wednesday at 18:00 GMT.
The EUR/USD currency exchange rate has reached above the 1.1800 mark. On Tuesday morning, the pair traded in the range between the 1.1800 and 1.1810 levels. Economic Calendar Analysis The top event of all will take place on Wednesday at 18:00 GMT. The US Federal Reserve is scheduled to make a Rate Statement. The EUR/USD has moved from 17.1 to 67.1 pips
On Monday morning, the yellow metal traded above the 1,800.00 level. Meanwhile, support was being provided by the combination of the 100-hour simple moving average and the 1,805.00 level. Resistance was being found in the 1,810.00 level and the 200-hour simple moving average. Economic Calendar Analysis The top event of all will take place on Wednesday at 18:00
The USD/JPY currency exchange rate has broken the channel up pattern, which guided it throughout last week. On Monday morning, the rate found support in the 100-hour simple moving average and appeared to have paused the decline that started in the aftermath of the breaking of the channel up pattern. Economic Calendar The top event of all will
On Monday morning, the GBP/USD currency exchange rate broke the large scale channel down pattern, which had guided the rate since the start of July. Economic Calendar The top event of all will take place on Wednesday at 18:00 GMT. The US Federal Reserve is scheduled to make a Rate Statement. The GBP/USD has moved from 20.5 to 70.8
The support of the zone above the 1.1750 mark has held and caused a recovery of the EUR/USD currency exchange rate. By the middle of Monday's European trading hours, the pair had reached the resistance of the 1.1800 mark. Economic Calendar Analysis The top event of all will take place on Wednesday at 18:00 GMT. The US Federal Reserve is scheduled to
The yellow metal's price edged higher by 0.73% on Thursday. The surge was stopped by the 100– hour simple moving average at 1808.01 during Thursday's trading session. Economic Calendar Analysis Click on the link below to find out more about the data releases of this and other currency exchange rates. 19.07.-23.07. Event Historical Reactions XAU/USD short-term forecast Given that
On Thursday, the US Dollar declined by 27 pips or 0.25% against the Japanese Yen. The decline was stopped by the 200– hour simple moving average at 110.04 during Thursday's trading session. Economic Calendar Click on the link below to find out more about the data releases of this and other currency exchange rates. 19.07.-23.07. Event Historical Reactions USD/JPY
The British Pound edged higher by 84 pips or 0.61% against the US Dollar on Thursday. The surge was stopped by the 200– hour simple moving average at 1.3761 during yesterday's trading session. Economic Calendar Click on the link below to find out more about the data releases of this and other currency exchange rates. 19.07.-23.07. Event
On Thursday, the Eurozone single currency declined by 62 pips or 0.53% against the US Dollar. The currency pair tested the weekly support level at 1.1758 during Thursday's trading session. Economic Calendar Analysis Click on the link below to find out more about the data releases of this and other currency exchange rates. 19.07.-23.07. Event Historical Reactions EUR/USD
The 200– hour simple moving average pressured the XAU/USD exchange rate on Wednesday. As a result, the commodity fell by 151 pips or 0.84% during yesterday's trading session. Economic Calendar Analysis Click on the link below to find out more about the data releases of this and other currency exchange rates. 19.07.-23.07. Event Historical Reactions XAU/USD short-term forecast All
The US Dollar surged by 50 pips or 0.46% against the Japanese Yen on Wednesday. A breakout occurred through the upper boundary of a descending channel pattern during Wednesday's trading session. Economic Calendar Click on the link below to find out more about the data releases of this and other currency exchange rates. 19.07.-23.07. Event Historical
The GBP/USD currency pair bounced off a support level near the 1.3600 zone on Monday. As a result, the British Pound edged higher by 130 pips or 0.95% against the US Dollar. Economic Calendar Click on the link below to find out more about the data releases of this and other currency exchange rates. 19.07.-23.07. Event Historical Reactions GBP/USD