Gold plummets below support zone

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


On Monday morning, the price for gold passed below the 1,745.00/1,755.00 zone. By the middle of the day, the rate had reached the 1,730.00 level.

If the commodity price continues to decline, the 1,710.00/1,715.00 zone is expected to act as support, prior to the metal reaching the 1,700.00 mark.

On the other hand, a potential recovery of the commodity could result in the rate testing the 1,745.00/1,755.00 as a resistance zone. In addition, note the approaching 50 and 100-hour simple moving averages near 1,750.00 and 1,760.00.
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Tue, 23 Aug 2022 09:10:11 GMT

EUR/USD reaches 0.9900

The decline of the EURUSD pair has clearly passed below the 0.9950 mark. On Tuesday morning, the EUR/USD was trading between the support of the 0.9900 mark and the 0.9950 level as resistance. A move below the 0.9900 mark is expected to look for support in the weekly S2 simple pivot point at 0.9874. Further below, note the 0.9850 and

Mon, 22 Aug 2022 13:54:19 GMT

USD/JPY trades around 137.00

Since the middle of Friday's trading, the USD/JPY has been fluctuating around the 137.00 mark in the range between 136.70 and 137.40. If the pair resumes its surge, it could encounter resistance in the 137.50, 138.00 and the 138.50 levels. In addition, take into account the weekly R1 simple pivot point at 138.55. On the other hand, a decline of the

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