The USD/JPY currency pair consolidated near the Fibo 23.60% at 105.03. Given that the pair is pressured by the 55- and 100-hour SMAs, it is likely that some downside potential could prevail. Economic Calendar On Thursday, pay attention to the US Advance GDP and the weekly US Unemployment Claims that should be published at 12:30 GMT. Click on the link below to
The GBP/USD exchange rate exceeded the weekly R2 at 1.2992. It is likely that some upside potential could prevail in the market, as the rate is supported by the 55-hour SMA. Economic Calendar On Thursday, pay attention to the US Advance GDP and the weekly US Unemployment Claims that should be published at 12:30 GMT. Click on the link below to find
The EUR/USD currency pair touched the 1.1800 level. During Thursday morning hours, the pair was testing the support formed by the 55-hour SMA and the weekly R1 at 1.1742. Economic Calendar Analysis On Thursday, pay attention to the US Advance GDP and the weekly US Unemployment Claims that should be published at 12:30 GMT. Click on the link below to find out more
The XAU/USD exchange rate has been consolidating near 1,960.00 since Tuesday evening. Yellow metal could gain support from the 55-hour SMA and trade upwards in the short run. Economic Calendar Analysis Notable macroeconomic events are set to start with the biggest and most important of them all, the Federal Reserve is scheduled to make a Rate Statement and Rate Announcement on Wednesday,
The USD/JPY currency pair declined below the 105.00 level. It is likely that some downside potential could prevail in the market, as the pair is pressured by the 55-hour SMA. Economic Calendar Notable macroeconomic events are set to start with the biggest and most important of them all, the Federal Reserve is scheduled to make a Rate Statement and Rate Announcement on
The GBP/USD exchange rate increased its gains and exceed the 1.2950 level. Meanwhile, note that the rate could face the resistance level formed by the weekly R2 at 1.2992. Economic Calendar Notable macroeconomic events are set to start with the biggest and most important of them all, the Federal Reserve is scheduled to make a Rate Statement and Rate Announcement on Wednesday,
The EUR/USD currency pair exceeded the weekly R1 at 1.1742. Given that the pair is supported by the 55-hour moving average near 1.1730, it is likely that some upside potential could prevail in the market. Economic Calendar Analysis Notable macroeconomic events are set to start with the biggest and most important of them all, the Federal Reserve is scheduled to make a
The surge of the metal reached the 1,980.00 level. From this level the price began a decline, which on Tuesday reached the 1,910.00 level. During the decline, the pair passed the support of the 55-hour simple moving average, which did not manage to stop the decline. Economic Calendar Analysis Notable macroeconomic events are set to start with the biggest and most important of
The USD/JPY has been consolidating by trading sideways near the weekly S1 simple pivot point at 105.37. Moreover, on Tuesday, the rate retraced back up to the 55-hour simple moving average. Economic Calendar Notable macroeconomic events are set to start with the biggest and most important of them all, the Federal Reserve is scheduled to make a Rate Statement and Rate Announcement
The GBP/USD increased its gains and reached the 1.2900 level. The 1.2900 was tested three times before a decline began on Tuesday. However, by the middle of the day's GMT trading hours, the decline was stopped by the 1.2850 level. Economic Calendar Notable macroeconomic events are set to start with the biggest and most important of them all, the Federal Reserve is
The EUR/USD currency exchange rate declined on Tuesday, as it had bounced off the resistance of the 1.1780 level. During its decline, the rate passed one technical resistance after another and approached the 1.1700 level. Economic Calendar Analysis Notable macroeconomic events are set to start with the biggest and most important of them all, the Federal Reserve is scheduled to make
The DUK+/EUR exchange rate has been trading sideways since it reached the 1.5100/1.5200 level. The rate has been kept up by the monthly simple pivot point and the psychological support of the 1.5000 mark. Daily Candle Chart On the technical daily candle chart, the rate might face the resistance of the 55-day simple moving average at 1.5290. Meanwhile, the rate is being
Another new high level has been reached by the yellow metal, as the 1,945.00 mark was touched on Monday. In the near term future, the metal could reach for the psychological resistance of the 1,950.00 mark. However, the price has surged in a too sharp angle, which indicates that it could first consolidate by trading sideways. Economic Calendar Analysis Notable macroeconomic events are
By the middle of Monday's GMT trading hours, the pair had reached the 1.2880 level. Its surge was stopped by the resistance of the daily candle chart's channel up pattern's upper trend line. In theory, the rate should consolidate by trading sideways or declining. Economic Calendar Notable macroeconomic events are set to start with the biggest and most important of them all,
On Monday, the EUR/USD continued to gain ground against the US Dollar, as it reached above the 1.1750 level. In addition, the currency exchange rate had no technical resistance as high as the 1.1828 level. However, it was expected that the 1.1800 level could provide psychological resistance. Economic Calendar Analysis Notable macroeconomic events are set to start with the biggest and most
On Friday, the yellow metal was making a second attempt to pass the resistance of the 1,898.50 mark. In theory, the rate could pass this level as soon as the 55-hour SMA comes closer to the commodity price. Economic Calendar Analysis There are no more notable events scheduled for this week. Next week, notable macroeconomic events are set to start with the biggest
The USD/JPY has sharply declined, as by the middle of Friday's GMT trading the currency exchange rate had reached the 106.20 level. In the meantime, the pair was testing the support of the weekly S2 simple pivot point. Economic Calendar There are no more notable events scheduled for this week. Next week, notable macroeconomic events are set to start with the biggest
The GBP/USD has continued to trade between the resistance of the weekly R2 at 1.2758 and the support of the 55-hour SMA and a monthly pivot point at 1.2727. In the meantime, the currency exchange rate revealed minor scale channel down pattern, whose resistance line could push the rate down. Economic Calendar There are no more notable events scheduled for this week.
A new high level has been reached by the EUR/USD. However, the new high level, namely the 1.1620, provided resistance and stopped three attempts of the rate to move higher. In the meantime, take into account that the 55-hour SMA provided support of the most recent surge. In addition, on Friday, the SMA was located near the 1.1580 level and
The surge of the yellow metal continues, as it broke the resistance of the 1,860.00 level. By the middle of Thursday's GMT trading the rate had almost reached the 1,890.00 mark. In theory, the surge could continue to the historical high of 1,912.40. Economic Calendar Analysis On Thursday, the US Unemployment Claims data is set to be published at 12:30 GMT. On Friday, the
The USD/JPY managed to pass the resistance of the pivot point and three hourly simple moving averages. The move was expected, as these technical levels had also failed on Tuesday. However, on Thursday, the 100 and 200-hour SMAs began to provide support to the currency exchange rate. Economic Calendar On Thursday, the US Unemployment Claims data is set to be published at
Since the middle of Wednesday's GMT trading hours, the GBP/USD traded sideways between a pivot point at 1.2727 and the 1.2750 level. In the meantime, the currency exchange rate revealed minor scale channel down pattern, whose resistance line could push the rate down. Economic Calendar On Thursday, the US Unemployment Claims data is set to be published at 12:30 GMT. On Friday, the
The surge of the EUR/USD reached the 1.1600 mark on Wednesday. On Thursday morning, the rate continued to trade this resistance level. The resistance of the round price level could be passed as soon as the rate ends its consolidation and the 55 and 100-hour SMA move closer to it. Economic Calendar Analysis On Thursday, the US Unemployment Claims data is set
A new high level has been reached by the yellow metal. Namely, it has reached the resistance of a monthly pivot point at 1,861.50. On Wednesday, the commodity price was consolidating its gains and made attempts to pass the resistance. Economic Calendar Analysis On Thursday, the US Unemployment Claims data is set to be published at 12:30 GMT. On Friday, the US Manufacturing and