Gold remains near previous level

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


The recovery of the yellow metal on Thursday stopped at the 1,765.00 level. Since the encounter of the resistance, the price has been trading sideways in the 1,750.00/1,765.00 zone.

In the case of a decline, the bullion's price might look for support in the 200-hour simple moving average at 1,751.00, the 1,750.00 mark and the support zone of this week's low levels below the 1,750.00 level.

On the other hand, a potential surge might find resistance in round price levels, as it has done before. However, note the resistance of the 1,781.00/1,784.00 zone.
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Mon, 11 Oct 2021 04:36:15 GMT

EUR/JPY bulls likely to prevail

On Friday, the common European currency edged higher by 83 pips or 0.64% against the Japanese Yen. The currency pair breached the resistance level at 129.50 during Friday's trading session.

Fri, 08 Oct 2021 07:41:28 GMT

USD/JPY could reach 112.00

At midnight to Friday, the USD/JPY currency exchange rate passed the October 6 high level near 111.80. On Friday morning, the currency exchange rate had almost reached the 112.00 mark. Note that the zone above the 112.00 level at 112.05/112.10 might once again act as resistance, as it did on September 29 and 30. A move above the 112.05/112.10 level might

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