Gold signals a surge

Source: Dukascopy Bank SA
On Friday, gold broke the resistance of the 55-hour simple moving average at 1,275.50. Due to that reason a surge up to the 1,280.00 level. 

At the 1,280.00 level the commodity price is set to meet with the 100-hour SMA, which was heading down during the early hours of Friday's trading.
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Tue, 23 Apr 2019 08:56:44 GMT

EUR/JPY pressure by SMAs

The 200-hour simple moving average has pressured the common European currency lower against the Japanese Yen. The currency pair tested the bottom border of an ascending channel pattern at 125.60 during the Asian session on Tuesday.

Fri, 19 Apr 2019 08:22:40 GMT

USD/JPY ignores technical levels

The USD/JPY is trading with high volatility during the last 24 hours. Moreover, the rate has begun to largely ignore short term technical levels.  

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