Gold reaches 1,800.00 level

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


The sharp surge of the yellow metal found resistance in the 1,800.00 level. By the middle of Friday's trading, the price had made two failed attempts at passing above the 1,800.00 mark. Meanwhile, it could be spotted that the 200-hour simple moving average was providing support near 1,790.00.

If the price manages to move above the 1,800.00 level, it could aim at the October high level zone at 1,810.20/1,814.00. Above this zone round price levels could slow down a surge to the summer high level at 1,830.00.

Meanwhile, a decline below the 200-hour SMA might find support in the 100-hour SMA at 1,786.50 and the 50-hour SMA at 1,784.00.
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Mon, 08 Nov 2021 11:26:36 GMT

EUR/JPY finds resistance in 50-hour SMA

On Friday, the EUR/JPY currency exchange rate found support in the 130.75/130.90 zone. The following recovery continued into Monday until the rate encountered the resistance of the 50-hour simple moving average. Up to the middle of the day's European trading hours, the SMA was pushing the rate down. If the simple moving average continues to push the pair down, it

Fri, 05 Nov 2021 12:06:16 GMT

USD/JPY tests resistance of SMAs

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