EUR/USD retreats below 1.0250

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


On Monday, the EUR/USD passed below the 200-hour simple moving average near 1.0280, the 1.0250 mark and the weekly S1 simple pivot point at 1.0236.

An extension of the ongoing decline might look for support in the 1.0200 mark and the combination of the 1.0150 level and the weekly S2 simple pivot point. Note that round levels have been impacting the pair throughout November.

On the other hand, a recovery could face resistance in the 200-hour SMA at 1.0280, the 1.0300 mark and the approaching 50-hour SMA near 1.0325. Higher above, take into account the 1.0350 mark, which is strengthened by the 100-hour SMA and the weekly simple pivot point at 1.0359.
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Mon, 21 Nov 2022 15:38:15 GMT

GBP/USD finds support in 1.1800

The 1.1950 eventually provided enough resistance for the GBP/USD pair to decline. On Monday, the pair was finding support in the 1.1800 mark. In the case of a move below 1.1800, the currency pair might look for support in the 200-hour simple moving average near 1.1760. Further below, note the 1.1750 level and the weekly S1 simple pivot point at

Thu, 17 Nov 2022 09:13:32 GMT

Gold reaches below support

The support of the 50-hour SMA eventually failed to push the commodity price through the resistance of the 1,784.20/1,786.60 zone. On Thursday morning, the follow up decline passed below the 1,766.15/1,768.30 range and the 100-hour simple moving average. A potential extension of the ongoing decline might look for support in round price levels like the 1,760.00, 1,750.00 and 1,740.00, before

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