Gold finds support near 2,160.00

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


On Friday, the price was finding support in the 2,161.40/2,164.90 zone. During the second part of the day's trading, the price passed below this zone. However, at 2,157.40 a rebound started. By mid-Monday, the price had recovered and traded above the 50, 100 and 200-hour simple moving averages near 2,175.00.

A recovery of the commodity price is set to face the 2,185.90/2,195.00 zone. Higher above, note the high level range at 2,2212.20/2,223.00.

In the case of a decline, the metal would have to pass the 50, 100 and 200-hour simple moving averages and the 2,161.40/2,164.90 range. Further below, note the support ranges near 2,150.00, 2,140.00 and 2,120.00.
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Tue, 02 Apr 2024 10:38:37 GMT

EUR/USD respects support line

The pair has continued to decline, as it is pushed by the resistance of the 50 and 100-hour simple moving averages. Meanwhile, support continues to be found in a descending trend line. At the start of a new month, the trend line acted as support. A recovery of the currency pair is set to face resistance in the 50-hour simple

Mon, 25 Mar 2024 16:38:52 GMT

USD/JPY remains below 152.00

In general, the situation and the analysis of the rate has not changed since Friday. The USD/JPY remains below the 152.00 mark, which is the 2022 high level. Meanwhile, support is found in the 151.00 and 150.50 levels. In addition, the 50 and 100-hour simple moving averages have been acting as support. A move above 152.00 could encounter resistance in

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