Gold is still near 1,850.00

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


The price of gold continued to trade around the 1,850.00 mark until a minor decline started at mid-day on Thursday. The decline occurred, as the US Dollar strengthened during the early hours of US trading.

If the metal's price continues to decline, support might be found in the June low levels at 1,837.00 and 1,828.30.

On the other hand, a potential surge of the metal above the 1,850.00 mark and the 50, 100 and 200-hour simple moving averages is set to encounter resistance in round price levels like 1,855.00, 1,860.00, 1,865.00 and 1,870.00.
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Fri, 10 Jun 2022 07:58:35 GMT

EUR/JPY fails to reach new high

The EUR/JPY was highly volatile in the aftermath of the ECB monetary policy statement release. The volatility calmed down and the rate began a decline, which continued into Friday. During the morning hours of Friday's trading, the pair declined below the 142.00 level. If the Euro continues to decline against the Japanese Yen, the currency pair could look for support

Thu, 09 Jun 2022 14:40:17 GMT

USD/JPY fails to pass 134.50

The 134.50 mark provided enough resistance to the USD/JPY to cause a retracement down below the 133.50 level, the 50-hour simple moving average and the weekly R2 simple pivot point at 133.66. During the second half of Thursday's trading, the pair had resumed its surge, as it reached above 134.00. If the pair manages to reach above the 134.50 mark, might

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