Gold increases volatility

Source: Dukascopy Bank SA


As the yellow metal's price shortly reached below the 1,815.00 mark, the price became highly volatile. Namely, during the mid-day hours of Wednesday, the price was highly volatile between 1,812.00 and 1,833.00.

If the price continues to decline, it might look for support in the 1,805.00/1,809.00 zone, prior to reaching the 1,800.00 mark.

On the other hand, a surge of the commodity price might encounter resistance in the trend line, which connects the metal's recent high levels.
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Thu, 30 Jun 2022 11:44:12 GMT

EUR/USD declines below 1.0400

At mid-day on Thursday, the EUR/USD passed below the 1.0400 mark. By 12:00 GMT, the pair was heading lower, as it had no support as low as the weekly S3 simple pivot point at 1.0342 and the 2017 low level at 1.0340. If the pair finds support in the 1.3040 level and starts a recovery, the 1.0400 mark and the

Wed, 29 Jun 2022 13:42:38 GMT

USD/JPY approaches 137.00

At mid-day on Wednesday, the USD/JPY currency pair reached above the previous June high levels at 136.60/136.70. Next target for the surge could be the 137.00 mark, which might act as resistance. However, a potential retracement back down might look for support in the 136.60/136.70 zone and the weekly R1 simple pivot point at 136.50.

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