Gold tests 1,420.00

Source: Dukascopy Bank SA
Gold has made an attempt to surge, which was stopped by the psychological resistance of the 1,420.00 level.

During Tuesday's trading session, the rate was expected to surge, as it was supported by the hourly simple moving averages and there was no technical resistance as high as the 1,430.00 level.

Although, watch the resistance of round levels like the 1,420.00 and 1,425.00. They might slow down price surges.
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Tue, 16 Jul 2019 09:11:11 GMT

EUR/JPY might at aim at 121.97 area

The common European currency depreciated about 43 base points against the Japanese Yen on Monday. The currency pair reversed south from a resistance cluster formed by the combination of the weekly pivot point and the 200-hour simple moving average during yesterday's trading session.

Mon, 15 Jul 2019 10:07:32 GMT

USD/JPY tests support at 107.84

On Monday, the USD/JPY traded above the monthly pivot point that is located at 107.84.

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