Prova la demo Apri un conto
Trading
CFD
Binarie
Cripto
Conto Corrente
B2B
Mercati
Chi siamo
Prova la demo Apri un conto

XAU/USD tests 1,835.00 level

Note: This section contains information in English only.
Source: Dukascopy Bank SA
PositionsTodayYesterdayChange
Longs60%59%1.9%
Shorts40%41%-2.8%
Indicator4H1D1W
MACD(12;26;9)SellSellBuy
RSI(14)NeutralNeutralNeutral
Stochastic(5;3;3)NeutralNeutralNeutral
Alligator(13;8;5)SellSellNeutral
SAR(0.02;0.2)SellSellBuy
Aggregate⇘⇘⇗
[ANNOUNCE]

Yesterday, the XAU/USD exchange rate declined to the support level at 1,835.00.

[/ANNOUNCE]

If the predetermined support level holds, the price for gold could reverse north and target the resistance level formed by the Fibonacci 23.60% retracement at the 1,860.59 mark.

In the meantime, note that yellow metal is pressured by the 55-, 100– and 200-hour moving averages near 1,850.00. Thus, some downside potential could continue to prevail in the market.

Back to articles

Actual Topics

04 Feb 2021

EUR/JPY could edge up today

PositionsTodayYesterdayChange Longs39%38%3.4% Shorts61%62%-2.2% Indicator4H1D1W MACD(12;26;9)4H1D1W RSI(14)BuyBuyBuy Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)SellBuyBuy SAR(0.02;0.2)NeutralBuyBuy Aggregate⇒⇗⇗ [ANNOUNCE]During the first half of Wednesday's trading session, the common European currency declined by 35 pips or 0.28% against the Japanese Yen. However, the currency pair rebounded at the end of the day.[/ANNOUNCE]Technical indicators suggest buying signals on the daily time-frame chart. Most likely, the exchange rate could edge

03 Feb 2021

USD/JPY consolidates near 105.00

PositionsTodayYesterdayChange Longs42%44%-5.8% Shorts58%56%4.1% Indicator4H1D1W MACD(12;26;9)BuyBuySell RSI(14)SellSellNeutral Stochastic(5;3;3)NeutralSellNeutral Alligator(13;8;5)BuyBuySell SAR(0.02;0.2)BuyBuySell Aggregate⇗⇒⇘ [ANNOUNCE] Since Tuesday afternoon, the USD/JPY currency pair has been trading sideways near the Fibo 23.60% at 105.03. [/ANNOUNCE] It is likely that the exchange rate could gain support from the 55-hour SMA near 104.96 and extend gains within the following trading session. In this case the rate could target the weekly R2

03 Feb 2021

GBP/USD broke rising wedge pattern

PositionsTodayYesterdayChange Longs34%32%5.3% Shorts66%68%-2.7% Indicator4H1D1W MACD(12;26;9)SellBuyBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)SellBuyBuy SAR(0.02;0.2)SellSellBuy Aggregate⇘⇒⇗ [ANNOUNCE] On Tuesday, the GBP/USD exchange rate breached the rising wedge pattern south. [/ANNOUNCE] Given that the currency pair is pressured by the 55-, 100– and 200-hour SMAs, as well the weekly PP in the 1.3690 area, it is likely that bears could prevail in the market. The pair could target the