Gold finds support at 2,161.40/2,164.90

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


We have marked historical support and resistance zones on the commodity price's charts. It can be observed that these ranges are still impacting the price. Most of the zones are close by a round price levels. On Friday, the price was finding support in the 2,161.40/2,164.90 zone.

A recovery of the commodity price is set to face the 50-hour simple moving average near 2,180.00 and the 2,185.90/2,195.00 zone. It is possible that the moving average strengthens the resistance zone. Higher above, note the high level range at 2,2212.20/2,223.00.

In the case of a decline, the metal would have to pass below 2,161.40/2,164.90. Further below, note the support ranges near 2,150.00, 2,140.00 and 2,120.00.
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Mon, 25 Mar 2024 16:18:20 GMT

EUR/USD finds support in 1.0800

As expected, the EUR/USD has reached the 1.0800 mark. The round level acted as support and caused a recovery. By mid-Monday's trading, the rate was above the 50-hour simple moving average and the 1.0840 level. An extension of the ongoing recovery could face resistance in the combination of the 1.0850 level, the weekly simple pivot point at 1.0850 and the

Fri, 22 Mar 2024 12:13:55 GMT

USD/JPY faces 2022 high level

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