Gold declines to 1,810.00

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


The price for gold eventually reached below the 1,825.00/1,830.00 zone. However, by the end of Monday's trading the pair had found support in the 1,810.00 mark and recovered to 1,830.00.

A resumption of the decline of the commodity price would look for support in the 1,810.00 and 1,800.00 levels, before aiming at the May low levels near 1,790.00.

If the price for gold recovers, the commodity price would have to clearly pass above 1,830.00. Higher above, note the 1,850.00 mark and the 50, 100 and 200-hour simple moving averages at 1,840.00/1,850.00.
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Tue, 14 Jun 2022 14:39:16 GMT

EUR/JPY reaches 139.50

The decline of the EUR/JPY reached the 139.50 mark on Monday. On Tuesday, the rate recovered until it encountered the resistance of the 50-hour simple moving average above 140.60. If the 50-hour simple moving average holds and pushes the rate down, the 139.50 mark and the weekly S1 simple pivot point at 139.35 could act as support. Further below,

Tue, 14 Jun 2022 10:51:40 GMT

USD/JPY reaches below trend line

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