Gold remains near previous levels

Note: This section contains information in English only.
Source: Dukascopy Bank SA
By the middle of Tuesday's London trading session, the yellow metal's price was located near previous day's trading levels, as the hourly simple moving averages had managed to keep the price from declining.

In general, it was expected that the consolidation will end soon and the 55, 100 and 200-hour simple moving averages push the commodity price higher. In that case the commodity price would once more test the resistance of the 1,420.00 level. 

Meanwhile, watch closely the simple moving averages, as the commodity rate's passing below all of them could cause a sharp decline down to 1,400.00
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Wed, 17 Jul 2019 09:42:15 GMT

EUR/JPY decline likely to continue

The common European currency has continued to edge lower against the Japanese Yen. The currency pair lost about 0.48% in value during yesterday's trading session.

Tue, 16 Jul 2019 10:19:45 GMT

USD/JPY remains above 107.80

The USD/JPY on Tuesday morning remained above the support of the round level of 107.80 and the monthly pivot point at 107.84. The rate had even made an attempt to surge and test the resistance of the 55-hour simple moving average.  

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