Gold falls below pivot points

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


The high levels from 1,790.00 to 1,800.00 have been marked in a resistance zone, as it has held throughout this week. On Friday, the rate passed the support levels of the 55 and 100-hour simple moving averages, which previously provided support.

The decline of the metal had no support as low as the 1,765.00 mark and the 200-hour simple moving average at the 1,767.43 level. These levels could stop the decline and force the metal into sideways trading.

On the other hand, a potential passing of these support levels could result in a drop to the 1,755.00/1,760.00 zone.
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Mon, 26 Apr 2021 04:49:42 GMT

EUR/USD breaks resistance at 1.2080

On April 23, the common European currency surged by 88 pips or 0.73% against the US Dollar. The currency pair breached the resistance level at 1.2080 during Friday's trading session.

Fri, 23 Apr 2021 15:05:33 GMT

USD/JPY is highly volatile

The USD/JPY managed to pass the support of the 107.80/108.00 zone. This resulted in a sharp drop to the 107.50 level. However, the support of the 107.50 managed to hold and immediately cause a surge. The surge was much sharper than the drop and in less than two hours had almost reached the 108.20 level, ignoring all the levels that

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