Gold recovers once again

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


The yellow metal's price shortly pierced the previous weekly low levels before starting another recovery. During the early Thursday's European trading hours, the bullion appeared to be once again heading to the 1,770.00 level.

In the case of a broad surge, the metal would most likely encounter resistance in round price levels. In addition, note the resistance zone from 1,781.00/1,784.00.

However, a decline might find support in this week's low levels in the 1,746.20/1,749.80 zone.
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Fri, 08 Oct 2021 04:25:00 GMT

EUR/JPY breached channel pattern

On Thursday, the common European currency edged higher by 36 pips or 0.28% against the Japanese Yen. The currency pair breached the 50– hour simple moving average during yesterday's trading session.

Thu, 07 Oct 2021 07:51:24 GMT

USD/JPY tests support levels

On Wednesday, the USD/JPY declined and found support in the combination of the 55, 100 and 200-hour simple moving averages and the weekly simple pivot point at 111.23/111.29. The support zone held and caused a retracement to the 111.50 mark. On Thursday morning, the 111.50 eventually forced the rate into a decline to the combination of the 100-hour SMA and

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