Experimentar demo Abra uma conta
Trading
CFD
Binárias
Criptomoedas
Banking
B2B
Info de Mercado
Sobre nós
Experimentar demo Abra uma conta

XAU/USD supported by 55– and 100-hour SMAs

Note: This section contains information in English only.
Source: Dukascopy Bank SA
PositionsTodayYesterdayChange
Longs45%43%4.3%
Shorts55%57%-3.4%
Indicator4H1D1W
MACD(12;26;9)BuyBuyBuy
RSI(14)NeutralSellSell
Stochastic(5;3;3)NeutralSellSell
Alligator(13;8;5)BuyBuyBuy
SAR(0.02;0.2)BuyBuyBuy
Aggregate⇗⇒⇒
[ANNOUNCE]

Yesterday, the XAU/USD exchange rate broke the lower line of the rising wedge pattern. During Tuesday morning, the rate was testing the support provided by the 55-hour SMA near 1,973.00.

[/ANNOUNCE]

It is likely that yellow metal could gain support from the 100-hour moving average near 1,966.00 as well. Thus, it is likely that some upside potential could prevail in the market.

Meanwhile, note that the rate could face the resistance at the 1,990.00 level. Thus, it is likely that the price for gold could consolidate in the short run.

Back to articles

Actual Topics

05 Aug 2020

EUR/JPY bulls likely to prevail

PositionsTodayYesterdayChange Longs45%48%-7.9% Shorts55%52%6.4% Indicator4H1D1W MACD(12;26;9)4H1D1W RSI(14)BuyBuyBuy Stochastic(5;3;3)NeutralSellNeutral Alligator(13;8;5)SellBuyBuy SAR(0.02;0.2)BuyBuyBuy Aggregate⇒⇗⇗ [ANNOUNCE]The common European currency declined by 69 pips or 0.55% against the Japanese Yen on Tuesday. [/ANNOUNCE]The decline was stopped by a support cluster formed by the 100– hour simple moving average and the weekly pivot point at 124.29 during yesterday's trading session.All things being equal, the EUR/JPY exchange

04 Aug 2020

USD/JPY might consolidate

PositionsTodayYesterdayChange Longs60%55%7.4% Shorts40%45%-10.9% Indicator4H1D1W MACD(12;26;9)BuySellSell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)BuySellSell SAR(0.02;0.2)BuySellSell Aggregate⇗⇘⇘ [ANNOUNCE] On Monday, the USD/JPY currency pair was trading sideways around the monthly PP at 106.09. During today's morning, the pair maintained its consolidation. [/ANNOUNCE] It is likely that the exchange rate could gain support from the 55-hour SMA near 105.70 and extend gains in the short run. In this case the rate

04 Aug 2020

GBP/USD squeezed by 55– and 100-hour SMAs

PositionsTodayYesterdayChange Longs32%35%-7.6% Shorts68%65%3.6% Indicator4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)NeutralSellNeutral Stochastic(5;3;3)NeutralNeutralSell Alligator(13;8;5)BuyBuyBuy SAR(0.02;0.2)BuyBuyBuy Aggregate⇗⇗⇗ [ANNOUNCE] Yesterday, the GBP/USD exchange rate traded between the 55– and 100-hour SMAs. During Tuesday morning, the rate was squeezed by the given moving averages. [/ANNOUNCE] From the one hand, it is likely that bulls could prevail in the market, and the currency pair could try to exceed the psychological level