EUR/JPY attempts a recovery

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


The EUR/JPY decline eventually found support in the 132.65/132.80 zone, on Thursday. During early Friday's trading, the currency exchange rate recovered and reached the April low level zone at 134.28/134.43.

A bounce off the 134.28/134.43 zone is expected to look for support in the recently marked 132.65/132.80 zone. Further below take into account that the 132.50 mark acted as support in March. Meanwhile, the 132.00 level acted as resistance, and could turn into support.

However, a potential move above the 134.28/134.42 zone is highly likely set to encounter resistance in the 134.80/135.00 zone and the 50-hour simple moving average.
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Fri, 13 May 2022 11:39:03 GMT

AUD/USD decline books new low level

The decline of the AUD/USD reached below the 0.6850 mark and found support in the 0.6830 level on Thursday. By the middle of Friday's trading hours, the currency pair had recovered to the 0.6900 level, which acted as resistance. In addition, the 0.6900 level was strengthened by the 50-hour simple moving average. A resumption of the decline of the Australian Dollar

Thu, 12 May 2022 11:09:31 GMT

Gold trades near 1,850.00

Since the US Consumer Price Index release volatility decreased, the price for gold has been fluctuating between the 1,850.00 and 1,858.50 level. However, by the middle of Thursday's European trading hours, the price slightly declined, as it reached and found support at 1,845.00. A move below the 1,845.00 level could encounter support in the CPI volatility low level at 1,835.00 and

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