Gold returns to 2,000.00

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


The resistance of the 2,050.00 mark held and caused a drop to the 2,000.00 mark. The commodity price appears to be fluctuating around the 2,000.00 mark.

A decline of the commodity price is expected to look for support in the 1,985.00 level that acted as support on April 9. Further below, other round levels might act as support.

On the other hand, a recovery is set to face the 50 and 100-hour simple moving averages near 2,020.00, the 2,030.00 level and the 2,050.00 mark.
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Wed, 19 Apr 2023 09:46:46 GMT

EUR/USD remains below 1.1000

The EUR/USD has revealed a support and resistance zone. Most recently, the pair bounced off the resistance of the 1.0982/1.0984 range. On Wednesday morning, the pair passed the combination of the weekly simple pivot point and the 50 and 200-hour simple moving averages. The ongoing decline of the pair is expected to look for support in the 1.0910 level,

Mon, 17 Apr 2023 13:08:31 GMT

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