EUR/USD tests dominant support

Note: This section contains information in English only.
Source: Dukascopy Bank SA
On Monday morning the EUR/USD was testing the support of a medium scale ascending pattern. The forecasts surround this level. 

Namely, in the first and main scenario the rate is expected to bounce off from the support line and surge up to the resistance of the 55-hour simple moving average. By the middle of Monday's trading the SMA was moving lower near the 1.1340 mark.  

On the other hand, the pair might break the support of the pattern. Afterwards, it would face the support of a monthly pivot point at 1.1300.
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Mon, 11 Feb 2019 09:53:19 GMT

EUR/JPY breaches 50-hour SMA

The 50-hour simple moving average pulled down the Eurozone single currency against the Japanese Yen on Friday. The pair depreciated about 0.42% during Friday's trading session.

Fri, 08 Feb 2019 11:12:22 GMT

XAU/USD is resisted by 100-hour SMA

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