EUR/JPY recovers after low level

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


Since July 13, the Euro has been recovering, compared to the Japanese Yen. On Tuesday, July 19, the currency pair reached above the 141.00 mark.

If the pair continues to surge, resistance might be encountered in the 141.50 mark, the weekly R1 simple pivot point at 141.73 and the upper trend line of a channel up pattern.

On the other hand, a decline of the Euro against the Yen might find support in the weekly R1 simple pivot point at 140.69. Further below, note the 50-hour simple moving average and the lower trend line of the channel up pattern.
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Tue, 19 Jul 2022 13:16:25 GMT

AUD/USD recovers July losses

On July 19, the Australian Dollar surged above the 0.6895 level against the US Dollar. The 0.6895 level marks the July high level. Namely, the currency rate had recovered its recent losses. If the recovery of the Australian Dollar continues, the currency pair could encounter resistance in the weekly R2 simple pivot point at 0.6948 and the 0.6950 level. Higher above,

Tue, 19 Jul 2022 07:43:05 GMT

Gold remains above 1,700.00

During Monday's trading, the price for an ounce of gold made an attempt to approach the 1,725.00 mark and failed. By the start of Tuesday's trading, the currency exchange rate was located near the 1,705.00/1,710.00 zone. In general, previous forecasts remain valid. In the case of a continuous recovery of the commodity price, the metal might encounter resistance in the combination

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