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Wed, 08 Dec 2021 13:34:39 GMT

DUK+/EUR remains below 2.0000

On December 8, the DUK+/EUR currency exchange rate was located at the 1.9800 mark. In the meantime, the pair had close by sell orders at 1.9900 and no buy orders as low as the 1.6100 mark. Daily Candle Chart Market Depth Market Depth reveals, where traders have set up buy and sell orders. The up to date data is published at dukascoin.com.

Wed, 08 Dec 2021 11:37:48 GMT

Gold breaks resistance

On Tuesday, the yellow metal's price passed the resistance of the 200-hour simple moving average. On Wednesday, the commodity reached above the upper trend line of the channel down pattern, which had guided the metal since last week. Economic Calendar Analysis On Thursday, a minor USD move could occur due to the weekly US Unemployment claims release at 13:30 GMT. On Friday,

Wed, 08 Dec 2021 11:34:29 GMT

USD/JPY finds support in 200-hour SMA

On Tuesday, the recovery of the USD against the Japanese Yen ended at the 113.75/113.78 zone. The rate failed to pass these levels after making three attempts. Meanwhile, since early Tuesday trading, the pair has been finding support in the 200-hour simple moving average, which has been moving downwards. In addition, the 100-hour SMA had caught up with the pair. Economic

Wed, 08 Dec 2021 11:30:53 GMT

GBP/USD tests support zone

The GBP/USD currency exchange rate has been finding support in the 1.3195/1.3210 zone. However, the rate had retraced up to the resistance of the 100-hour simple moving average and the weekly simple moving average near 1.3265, before the second decline to the support zone. Economic Calendar On Thursday, a minor USD move could occur due to the weekly US Unemployment claims

Wed, 08 Dec 2021 11:27:34 GMT

EUR/USD breaks pattern

On Tuesday, the EUR/USD found support in the support levels near 1.1235. The event resulted in a surge, which passed the resistance of the channel down pattern. However, the rate started to respect the resistance of the 100 and 200-hour simple moving averages and the support of the 50-hour simple moving average. Economic Calendar Analysis On Thursday, a minor USD move could

Tue, 07 Dec 2021 13:36:38 GMT

Gold faces resistance of 200-hour SMA

Since the start of Monday's trading, the price for gold has been respecting the 50, 100 and 200-hour simple moving averages. However, the most impact appears to be done by the resistance of the 200-hour simple moving average, which has kept the price down since early Monday's trading. Economic Calendar Analysis On Thursday, a minor USD move could occur due to the

Tue, 07 Dec 2021 13:33:13 GMT

USD/JPY continues to recover

The USD/JPY started a recovery on Friday by finding support at 112.60. By the middle of Tuesday's European trading hours, the currency exchange rate had reached the 113.75 level. Meanwhile, it was spotted that the rate mostly ignored the close by weekly R1 simple pivot point at 113.69 and the 200-hour simple moving average near 113.60. Economic Calendar On Thursday, a

Tue, 07 Dec 2021 13:27:04 GMT

GBP/USD remains below 1.3300

On Tuesday morning, the GBP/USD currency exchange rate found resistance at 1.3290. The event was followed up by a decline. By the middle of the day's European trading hours, the pair had reached the 1.3240 level. Economic Calendar On Thursday, a minor USD move could occur due to the weekly US Unemployment claims release at 13:30 GMT. The GBP/USD has

Tue, 07 Dec 2021 13:15:27 GMT

EUR/USD traders remain long

On Tuesday morning, the EUR/USD, despite piercing the resistance of the 50-hour simple moving average, found resistance at the 1.1300 mark and declined. By the middle of the day's trading, the pair had reached the 1.1250 mark. Economic Calendar Analysis On Thursday, a minor USD move could occur due to the weekly US Unemployment claims release at 13:30 GMT. The rate has

Mon, 06 Dec 2021 16:37:57 GMT

Gold is moved by SMAs

On Monday, the yellow metal found resistance in the 200-hour simple moving average near 1,785.00. Meanwhile, support was being provided by the 50-hour simple moving average near 1,775.00. Economic Calendar Analysis On Thursday, a minor USD move could occur due to the weekly US Unemployment claims release at 13:30 GMT. On Friday, the value of the US Dollar is most likely going

Mon, 06 Dec 2021 16:34:42 GMT

USD/JPY finds support at 112.60

On Friday, the USD/JPY currency pair found support in the 121.60 mark. The event was followed up by a recovery, which by the middle of Monday's trading had reached above technical levels at 113.11. Economic Calendar On Thursday, a minor USD move could occur due to the weekly US Unemployment claims release at 13:30 GMT. On Friday, the value of the

Mon, 06 Dec 2021 16:30:31 GMT

GBP/USD recovers on Monday

The GBP/USD currency exchange rate found resistance in the 1.3278/1.3300 zone and the 100-hour simple moving average. Economic Calendar On Thursday, a minor USD move could occur due to the weekly US Unemployment claims release at 13:30 GMT. On Friday, the value of the US Dollar is most likely going to adjust to the publication of the US Consumer Price Index

Mon, 06 Dec 2021 16:27:08 GMT

EUR/USD continues to decline

The EUR/USD currency exchange rate has revealed that throughout December it has traded in a channel down pattern. Meanwhile, the pair was ignoring the support and resistance of the 50, 100 and 200-hour simple moving averages. Economic Calendar Analysis On Thursday, a minor USD move could occur due to the weekly US Unemployment claims release at 13:30 GMT. On Friday, the value

Fri, 03 Dec 2021 11:54:10 GMT

Gold trades in pattern

On Thursday, the yellow metal's price booked a new low level by testing the lower trend line of a descending channel down pattern near 1,765.00. The event was followed up by a surge up to the 50-hour simple moving average near 1,775.00. Economic Calendar Analysis This week, the main event will be the release of the US employment data on Friday at

Fri, 03 Dec 2021 11:50:00 GMT

USD/JPY breaks junior pattern

On Friday morning, the upper trend line of the channel down pattern and the 100-hour simple moving average failed to provide resistance to the USD/JPY currency exchange rate. Namely, the pair surged above them and touched the 113.50 mark, before retracing to look for support in the 100-hour SMA. Economic Calendar This week, the main event will be the release of

Fri, 03 Dec 2021 11:46:23 GMT

GBP/USD pierces support level

At mid-day on Friday, the GBP/USD currency exchange rate pierced the support of the weekly S1 simple pivot point at 1.3264. The rate was pushed down initially on Thursday by the 200-hour SMA. On Friday, the 50-hour simple moving average provided resistance. Economic Calendar This week, the main event will be the release of the US employment data on Friday at

Fri, 03 Dec 2021 11:43:43 GMT

EUR/USD traders set up buy orders

The EUR/USD declined below the support of the 50 and 100-hour simple moving averages and the 1.1300 level, on Thursday. By the middle of Friday's trading, the rate had found support in the weekly simple pivot point at 1.1282 and recovered to the two SMAs at the 1.1315 level. Meanwhile, it was spotted that pending orders in the 100-base point range

Thu, 02 Dec 2021 14:59:09 GMT

Gold declines below support levels

Gold booked a new low level during early Thursday's trading, as the price for gold shortly fluctuated at the 1,769.00 level. In the meantime, it was spotted during the afternoon that the 50-hour simple moving average and the previous support zone at 1,778.60/1,782.70 were providing resistance to the metal's recovery. Economic Calendar Analysis This week, the main event will be the release

Thu, 02 Dec 2021 14:54:53 GMT

USD/JPY remains in pattern

On Thursday morning, the USD/JPY currency exchange rate approached and bounced off the combination of the upper trend line of the channel down pattern and the 100-hour simple moving average near 113.30. By the start of the days US trading, the pair was approaching this week's low level zone at 112.53/112.65. Economic Calendar This week, the main event will be the

Thu, 02 Dec 2021 14:49:32 GMT

GBP/USD finds support in pivot point

On Wednesday, the GBP/USD pair's decline found support in the weekly S1 simple pivot point at 1.3264. The pivot point provided enough support for a recovery to start. By the start of Thursday's US trading session, the rate had reached the resistance of the 200-hour simple moving average near 1.3340. Economic Calendar This week, the main event will be the release

Thu, 02 Dec 2021 14:44:01 GMT

EUR/USD remains near 1.1350

On Thursday, the EUR/USD currency exchange rate remained near previous day's trading levels, as the pair fluctuated between 1.1310 and 1.1350. In the meantime, the 100-hour simple moving average had caught up with the rate and provided support. Economic Calendar Analysis This week, the main event will be the release of the US employment data on Friday at 13:30 GMT. The

Thu, 02 Dec 2021 13:12:24 GMT

DUK+/EUR has no close-by buy orders

On December 2, the DUK+/EUR currency exchange rate was located at the 2.0000 mark. In the meantime, the pair had close by minor amounts of sell orders and no buy orders are low as the 1.6800 mark. Daily Candle Chart Market Depth Market Depth reveals, where traders have set up buy and sell orders. The up to date data is published at

Wed, 01 Dec 2021 15:56:54 GMT

Gold passes support levels

The yellow metal's price became highly volatile and eventually passed below the support zone of 1,778.60/1,782.70, which kept the rate up since November 23. The high volatility was fueled by the US Federal Reserve Chairman Jerome Powell giving a testimony to the US Senate. Despite the passing below the support zone, the price for gold recovered above the zone and resumed

Wed, 01 Dec 2021 15:51:11 GMT

USD/JPY reveals channel pattern

The high volatility of the USD/JPY currency exchange rate, which was caused by the head of the US Federal Reserve Jerome Powell revealed the borders of a channel down pattern, which appears to have guided the rate down throughout this week. On Wednesday, the rate bounced off the upper trend line of the pattern and passed the support of the

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