Gold reaches above 1,815.00

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


Despite experiencing a sharp dip due to the US Employment data sets on Friday at 13:30 GMT, the price for gold returned to testing the resistance of the 1,815.00 mark. On Monday, the price passed above the 1,815.00 mark.

If the commodity price continues to surge, it should reach for the resistance of the 1,825.00 level. Higher above the summer high levels near 1,830.00 might act as resistance and stop a surge.

Meanwhile, a decline of the price might look for support in the 1,810.00 level, the 50, 100 and 200-hour simple moving averages near 1,806.00 and the 1,800.00 mark.
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Tue, 08 Feb 2022 09:02:58 GMT

EUR/JPY trades sideways

The EUR/JPY currency exchange rate remains below the 132.00 mark. On Tuesday morning, the pair made an attempt to pass the round exchange rate level, before retracing back down. Meanwhile, it was spotted that the 50-hour simple moving average is not capable of changing the rate's direction. In addition, note that the 131.25 level acted as support on Monday. In

Mon, 07 Feb 2022 13:42:41 GMT

USD/JPY declines on Monday

On Monday morning, the USD/JPY currency exchange rate bounced off the resistance zone, which surrounds the 115.40 mark. Afterwards, the rate declined to the support of the 200-hour simple moving average near 114.90. If the USD recovers against the Japanese Yen, the pair might once again test the resistance of the 115.40 mark, before aiming at the weekly R1 simple pivot

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