Gold respects round prices

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


In the aftermath of the US CPI release, the price for Gold plummeted and reached the 1,655.00 level, which acted as support. Afterwards, a recovery to the resistance of the 1,680.00 level followed. On Monday, the price traded near the support of the 1,660.00 level and the resistance of the 50-hour simple moving average near 1,667.00.

A resumption of the decline of the commodity price is expected to look for support in the 1,660.00, 1,655.00 and 1,650.00 levels. Further below, other round price levels might act as support.

On the other hand, a potential recovery of the commodity price might encounter resistance in the 2021 low level at 1,670.50 and the 1,680.00 level. Higher above, take into account the descending 100-hour simple moving average near 1,685.00.
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Mon, 19 Sep 2022 17:57:41 GMT

EUR/JPY finds support near 142.50

The EUR/JPY currency pair recently found support in the 142.30/142.65 zone. By the middle of Monday's trading hours, the pair had recovered and faced resistance in the combination of the weekly simple pivot point at 143.68 and the 200-hour simple moving average near 143.65. In the case of a surge above 143.70, the pair might encounter resistance in the 144.00

Mon, 19 Sep 2022 13:18:40 GMT

USD/JPY fluctuates near 143.00

In the aftermath of the US CPI release, the USD/JPY bounced off the resistance of the 145.00 level and declined. Since September 14, the rate has been trading around the 143.00 level. Resistance is provided by the 143.65/143.80 zone and support is found at 142.55/142.65. In the case of a move above 143.65/143.80 the pair would have to pass the combined

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