Gold passes 1,830.00 level

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


On Thursday, the yellow metal's price passed the resistance of the 1,830.00 level. The price managed to do so after finding support in the 1,820.00 level.

In the near term future, the metal could continue to gradually surge from one round price level to another. Stronger resistance would be expected from the 1,850.00 mark.

In the meantime, take into account that the metal has left below it the 55, 100 and 200-hour simple moving averages. In theory, the price could fluctuated sideways and that way consolidate until the SMAs catch up.
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Fri, 16 Jul 2021 05:50:18 GMT

EUR/JPY bounces off support

Since this week's trading sessions, the 50– hour simple moving average continued to pressure the EUR/JPY currency pair lower. The common European currency fell by 52 pips or 0.40% against the Japanese Yen on Thursday.

Thu, 15 Jul 2021 08:17:55 GMT

USD/JPY declines below 110.00

At GMT midnight to Thursday, the USD/JPY ended trading sideways at the 110.00 level and started a decline. During the early European trading hours, the rate had reached below the 109.80 level. Meanwhile, no support was close by as far as the July low level at 109.54. In the case of a decline, the rate would highly likely reach the July

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