Gold reaches above 1,825.00

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


On Wednesday, the price for gold eventually passed the resistance of the 1,825.00 level. However, the price did not reach the 1,830.00 mark and the summer high level zone. The price bounced off the 1,828.45 mark and started a decline. By the start of Thursday's US trading, the decline had passed the support of the 50-hour simple moving average near 1,820.00.

If the price for gold continues to decline, the price might once again look for support in the 1,815.00 level. Below the 1,815.00 mark, the 100 and 200-hour simple moving averages were located near 1,810.00.

On the other hand, a resumption of the surge of the price could find resistance in the 50-hour SMA near 1,820.00 and the 1,825.00 mark, before approaching the 1,828.45 level and the 1,830.00/1,831.70 zone.
Back to articles

Actual Topics

Fri, 14 Jan 2022 08:40:49 GMT

EUR/JPY reaches support at 130.40

The EUR/JPY currency exchange rate approached the January 4 high level on Thursday. However, the rate did not even attempt a proper test of the resistance of the high level, before starting a decline. The following decline passed the 131.00 mark and the technical levels around it. By the start of Friday's European trading, the currency pair had reached

Thu, 13 Jan 2022 14:54:48 GMT

USD/JPY aims at 114.00

The decline of the USD/JPY that was caused by the US Consumer Price Index release has passed all expectations of the USD bears. At the start of Thursday's US trading hours, the USD/JPY rate was already passing support levels near 114.20. In the near term future, the pair was expected to eventually reach the 114.00 mark, which could stop a

Subscribe to "Fundamental Analysis" feed

Subscribe
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request)
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request).
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.