Gold hits new low level

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


The yellow metal's price booked a new recent low level on Thursday, as it shortly traded at the 1,738.40 level. However, a recovery followed the piercing of the 1,740.00 mark.

On Friday morning, the commodity price was heading higher. The upwards move was expected to find resistance first in the combination of the 55 and 100-hour simple moving averages at 1,765.00 and afterwards the 200-hour SMA near 1,770.00.

Meanwhile, a decline of the price is highly likely going to look for support in round price levels, as there are no close by technical support levels.
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Mon, 27 Sep 2021 04:25:02 GMT

EUR/JPY could still edge higher

On Friday, the common European currency edged higher by 43 pips or 0.33% against the Japanese Yen. The currency pair tested the 129.80 level during Friday's trading session.

Fri, 24 Sep 2021 07:31:49 GMT

USD/JPY reaches above 110.50

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