Gold fails to reach 1,800.00

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


The yellow metal made two attempts to reach the resistance of the 1,800.00 level. Both of them failed. On Thursday, the rate was declining, as by the middle of the day's European trading hours, the rate had almost reached the 55 and 100-hour simple moving averages.

If the 55 and 100-hour simple moving averages provide enough support, the commodity price could reach higher and make another attempt to pass the 1,800.00 level.

On the other hand, a failure of the SMAs could result in a decline to the 1,765.00 level, which provided support on April 20.
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Fri, 23 Apr 2021 06:22:40 GMT

EUR/JPY trades above 129.60

The common European currency declined by 63 pips or 0.48% against the Japanese Yen on Thursday. The currency pair tested the support level at 129.66 during Thursday's trading session.

Thu, 22 Apr 2021 10:54:19 GMT

USD/JPY situation changes

The USD/JPY continued to trade between the weekly S2 simple pivot point's support and the resistance of the 55-hour simple moving average. However, the situation had changed, as the rate was now piercing the support level and not the resistance. Namely, a decline was more possible than a surge. In the case of the support of the weekly S2 simple pivot

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