Gold fails at recovery

Note: This section contains information in English only.
Source: Dukascopy Bank SA


Gold found resistance on Monday in the 1,760.00 level. The event was followed by a decline, which by the middle of the day was approaching the September low level zone from 1,738.25/1,745.40.

If the September support zone holds, the metal's price might recover. A potential recovery could find resistance in the 55, 100 and 200-hour simple moving averages near 1,755.00, 1,760.00 and 1,765.00. In addition, round price levels could once again act as resistance.

A passing below the low levels could reach August low levels near 1,720.00.
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Tue, 28 Sep 2021 05:31:00 GMT

EUR/JPY bulls could prevail

During Monday's trading session, the common European currency edged higher by 40 pips or 0.30% against the Japanese Yen. The currency pair was pressured higher by the 50– hour simple moving average on Monday.

Mon, 27 Sep 2021 10:00:37 GMT

USD/JPY reaches 111.00

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