Due to the tensions between the US and Iran the USD/JPY has traded with high volatility, bouncing around the 108.00 level. In the meantime, from a technical perspective the rate was consolidating its previous decline. It was shown by the hourly simple moving averages being above the pair. Economic Calendar This week, data releases will start on Tuesday at 15:00 GMT. The US
The 200-hour simple moving average provided the GBP/USD with support. The rate fluctuated above the SMA since the middle of Friday. On Monday, the rate bounced off the SMA and surged up to the 1.3060 level, managing to pass three technical resistance levels. Economic Calendar This week, data releases will start on Tuesday at 15:00 GMT. The US ISM Non-Manufacturing PMI will be
On Monday, the EUR/USD surged back up to the 1.1200 level. In general, the surge was caused by the support of the 1.1130 level, which had been held back by the 1.1180 level. It indicates that round price levels are impacting the pair. Economic Calendar Analysis The week's data releases will start on Tuesday at 15:00 GMT. The US ISM Non-Manufacturing
As expected, the metal surged on Thursday. By the middle of Friday's London trading hours, the yellow metal's price had reached the 1,550.00 level. Economic Calendar Analysis On Friday, January 3, the ISM Manufacturing PMI survey results will be released at 15:00 GMT. On the same day, the FOMC Meeting Minutes will be published at 19:00 GMT. Next week, data releases will start
On Friday morning, the USD/JPY currency exchange rate pierced the support of the 108.00 level. It was an indicator that the rate could reach new low levels. However, the recent decline occurred in a very sharp angle, which indicated that the pair is already oversold. Economic Calendar On Friday, January 3, the ISM Manufacturing PMI survey results will be released at 15:00
The decline of the GBP/USD currency exchange rate has reached the support of the 200-hour SMA. Moreover, the decline was expected to continue. Economic Calendar On Friday, January 3, the ISM Manufacturing PMI survey results will be released at 15:00 GMT. On the same day, the FOMC Meeting Minutes will be published at 19:00 GMT. Next week, data releases will start on
The squeeze of the EUR/USD resulted in a decline, which continued on Friday. In general, the rate was expected to continue to decline. In the case of a decline, the rate should reach for a technical support level near 1.1100. Economic Calendar Analysis On Friday, January 3, the ISM Manufacturing PMI survey results will be released at 15:00 GMT and the FOMC Meeting
In general, the yellow metal's price is set to surge, as it is being pushed up by an hourly SMA and has no technical resistance to it. Economic Calendar Analysis On Friday, January 3, the ISM Manufacturing PMI survey results will be released at 15:00 GMT. At the same day, the FOMC Meeting Minutes data will be published at 19:00 GMT. Meanwhile, this week's
The USD/JPY has started the year with a recovery from previous losses. However, it was not expected to last long, as the rate was set to face strong technical resistance levels. Economic Calendar On Friday, January 3, the ISM Manufacturing PMI survey results will be released at 15:00 GMT. At the same day, the FOMC Meeting Minutes data will be published at 19:00
The GBP/USD has been retreating since the start of the year's trading. By the middle of Thursday's London trading hours, it was expected that the pair could reach below the 1.3200 level. Economic Calendar On Friday, January 3, the ISM Manufacturing PMI survey results will be released at 15:00 GMT. At the same day, the FOMC Meeting Minutes data will be published at
On Thursday, the EUR/USD got squeezed in between the support of the 100-hour SMA and the resistance of the 1.1200 level. The future scenarios for the rate were based upon how the squeeze could end. Economic Calendar Analysis On Friday, January 3, the ISM Manufacturing PMI survey results will be released at 15:00 GMT. At the same day, the FOMC Meeting Minutes data will
During Monday morning, the XAU/USD exchange rate was trading sideways in the 1,510.00 area. Economic Calendar Analysis This week, there are only three events that could affect the XAU/USD pair. On Tuesday, December 31, the US CB Consumer Confidence will be published at 15:00 GMT. On Friday, January 3, the ISM Manufacturing PMI survey results will be released at 15:00 GMT. At the same day,
On Monday morning, the USD/JPY currency pair reversed north from the support level - the weekly S2 at 109.13. It is likely that the US Dollar could extend gains against the Japanese Yen in the short run. However, the pair would have to surpass the weekly S1 at 109.32. Economic Calendar This week, there are only three events that could affect the USD/JPY
During today's morning, the GBP/USD exchange rate was testing the resistance level formed by the monthly R2 at 1.3115. If the given resistance holds, it is likely that the British Pound could depreciate against the US Dollar in the short run. Economic Calendar This week, the are three scheduled events that could impact on the GBP/USD rate. On Tuesday, December 31, the US CB
During Monday morning, the EUR/USD currency pair was testing the resistance level - the Fibo 38.20% at 1.1200. If the given resistance holds, it is likely that a reversal south could occur in the nearest future. Economic Calendar Analysis This week, there are only three events that could affect the EUR/USD pair. On Tuesday, December 31, the US CB Consumer Confidence will be
During Friday morning, the XAU/USD exchange rate was trading sideways in the 1,510.00 area. Economic Calendar Analysis This week, there are no scheduled events left, which could cause an increase of volatility in the XAU/USD pair. Next week, there are only three events that could affect the XAU/USD pair. On Tuesday, December 31, the US CB Consumer Confidence will be published at 15:00 GMT. On
On Friday, the USD/JPY currency pair was testing the support level formed by the 55-, 100- and 200-hour SMAs, as well the weekly PP at 109.45. If the given support level holds, it is likely that the Us Dollar could consolidate against the Japanese Yen in the short run. Economic Calendar This week, there are no scheduled events left. Next week, there are only
During today's morning, the GBP/USD exchange rate was testing the 200-hour SMA at 1.3053. If the given moving average holds, it is likely that a reversal south could occur. Otherwise, the rate could continue to extend gains. Economic Calendar This week, there are no events left that could affect the GBP/USD rate. Next week, the are three scheduled events that could impact on the
During Friday morning, the EUR/USD currency pair was testing the resistance level - the monthly R1 at 1.1138. If the given resistance holds, it is likely that a reversal south could occur in the nearest future. Economic Calendar Analysis This week, there are no scheduled events left, which could cause an increase of volatility in the EUR/USD pair. Next week, there are only three
During Monday, the price for gold jumped to the 1,484.00 level. Economic Calendar Analysis this week, the US Durable Goods Orders on Monday at 13:30 GMT could cause a move. Meanwhile, this week's scheduled event historical data tables have been published. Click on the link below to read the article. Read More: 23.12-27.12 Event Historical Reactions XAU/USD short-term forecast During previous trading session,
On Monday, the USD/JPY currency pair was testing the resistance formed by the 55- and 100-hour SMAs, as well the weekly PP. If the given resistance holds, it is likely that a reversal south could occur in the nearest future. Economic Calendar This week, the US Durable Goods Orders on Monday at 13:30 GMT could cause a move. Meanwhile, this week's scheduled
During the first half of Monday, the GBP/USD exchange rate dropped to the Fibo 38.205 at 1.2918. If the given support level holds, it is likely that a reversal north could occur in the nearest future. Economic Calendar This week, the US Durable Goods Orders on Monday at 13:30 GMT could cause a move. Meanwhile, this week's scheduled event historical data tables
During Monday morning, the EUR/USD currency pair was trading in the 1.1080 area. Given that the pair is pressured by the 55- and 100-hour moving averages, it is likely that some downside potential could prevail in the market. Economic Calendar Analysis This week, there is one scheduled event left, which could cause an increase of volatility in the EUR/USD. Today, the US
The yellow metal continues to trade sideways. Moreover, it was expected that the price would continue to remain flat. Economic Calendar Analysis Next week, the US Durable Goods Orders on Monday at 13:30 GMT could cause a move. Meanwhile, next week's scheduled event historical data tables have been published. Click on the link below to read the article. Read More: 23.12-27.12 Event Historical