Gold tests 1,410.00 level

Source: Dukascopy Bank SA
On Monday morning, gold was again testing the resistance of the 1,410.00 level. 

The metal's price was expected to pass this level, as soon as the 55-hour simple moving average approaches and pushes it higher. 

On the other hand, note that the metal is massively overbought due to fundamental causes. It might retrace back down, if the fundamental environment becomes more favorable to risks.
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Tue, 25 Jun 2019 06:47:55 GMT

EUR/USD reaches target

The EUR/USD has reached the previously set target. The monthly pivot point at 1.1410 has been reached on Tuesday morning.

Mon, 24 Jun 2019 08:48:01 GMT

USD/JPY is pushed down by SMA

The USD/JPY recovery has been stopped by the 55-hour simple moving average at the 107.70 level. On Monday, the pair and the technical resistance level were both located near the 107.40 level. 

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