Gold tests 1,500.00

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


On Monday, the commodity price was testing the resistance of the 55, 100 and 200-hour simple moving averages and a monthly pivot point at 1,498.30.

If these levels get broken, the price would next test the resistance of the 1,510.00 mark.

On the other hand, in the case of a decline no technical levels would provide support. During the last couple of week, support is provided by round psychological price levels.
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Tue, 15 Oct 2019 08:01:41 GMT

EUR/JPY tests 50– hour SMA

The common European currency traded with low volatility against the Japanese Yen on Monday. The currency pair made about 30 pips movement during yesterday's trading session.

Mon, 14 Oct 2019 11:12:51 GMT

GBP/USD retraces down

On Monday, the GBP/USD rate was heading to the support of the weekly pivot point at 1.2520, which soon could be supported by the 55-hour simple moving average.

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