Gold fails to pass 1,950.00

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


The price for gold barely touched the 1,950.00 mark on Thursday, as a decline started. By the middle of Friday's trading, the price had passed the 50, 100 and 200-hour simple moving averages and broken the channel up pattern. At mid-day, the price reached below the 1,925.00 level.

If the metal continues to decline, support might be found in the 1,916.50/1,921.65 zone, which acted as support on Wednesday and Thursday. Further below, the 1,900.00 mark and the 1,890.50/1,893.40 zone is expected to stop a decline.

However, a surge of the metal's price is expected to find some resistance in the 50, 100 and 200-hour simple moving averages in the 1,927.00/1,935.00 range. Higher above, note the 1,940.00 and 1,950.00 levels.
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Mon, 04 Apr 2022 08:25:47 GMT

EUR/JPY bounces off new pivot point

Since Friday morning, the EUR/JPY currency pair traded sideways between the support at 135.15/135.30 and resistance at 135.75/135.90. On Monday morning, the rate encountered additional resistance in the form of the weekly simple pivot point at 135.69. After the encounter, the rate declined and shortly pierced the support zone at 135.15/135.30 at 08:00 GMT. If the rate declines, the rate

Fri, 01 Apr 2022 13:05:06 GMT

USD/JPY recovers and aims at 123.00

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