Gold declines below 1,800.00

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


Despite initially providing support, the combination of the 1,800.00 mark and the 50-hour simple moving average failed at mid-day on Monday.

If the price continues to decline, it could look for support in the previous December high level zone at 1,791.80/1,793.40. Below the zone, the 100 and 200-hour simple moving averages might stop a decline near 1,785.00.

On the other hand, a recovery of the metal's price would highly likely find resistance at 1,800.00, before once again reaching the 1,815.00 level.
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Tue, 21 Dec 2021 07:33:17 GMT

EUR/JPY reaches above 128.00

The EUR/JPY currency exchange rate managed to pass the 128.00 mark at mid-day on Monday. On Tuesday, the pair broke the resistance of the 50 and 200-hour simple moving averages at 128.20 and 128.30. Next target for the pair's surge was the weekly simple pivot point at 128.41 and the 128.45 mark, which has been shown capable of acting

Mon, 20 Dec 2021 13:37:43 GMT

USD/JPY reveals support zone

The USD/JPY has recovered from the 113.15/113.20 zone. On Monday, the pair was making attempts at passing the resistance of the 50, 100 and 200-hour simple moving averages and the weekly simple pivot point in the 113.60/113.75 zone. If the pair surges above the 113.60/113.75 zone's technical resistance levels, a potential surge might find resistance in the previously broken December high

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