Skúsiť demo Otvoriť účet
Obchodovanie
CFD
Binárne Opcie
Krypto
Banko­vníctvo
B2B
Trhové Informácie
O Dukascopy
Skúsiť demo Otvoriť účet

Gold respects 1,900.00 level

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


The 1,900.00 range acted as support and caused a sharp retracement back up to the 1,930.00 level. The 1,930.00 has acted as resistance and keeps the commodity price down. Most likely, the price will remain near 1,930.00 until the US Federal Reserve makes a rate statement and the follow up press conference makes its impact.

Higher above, note previous notable round price levels like 1,940.00 and 1,950.00. Meanwhile, support could be once again found near the 1,900.00 mark.

Back to articles

Actual Topics

03 Feb 2023

EUR/USD reacts to fundamentals

The EUR/USD has continued to act to major fundamentals events. The Federal Reserve press conference beat down the USD, then the ECB boosted the Euro. Most recently, the US employment data caused a major surge of the US Dollar. The chart has seen spikes and drops throughout the last few days, which have ignored almost all technical levels. The

01 Feb 2023

USD/JPY continues to wait for the Fed

The USD/JPY continues to fluctuate around the 130.00 level. Note that even the hourly moving averages are located now at that level. Previous forecast scenarios have been left unchanged. In general, the pair waits for future direction in the form of the US Federal Reserve Rate hike on Wednesday at 19:00 GMT. The move above 130.00 faces resistance in the 130.50

01 Feb 2023

GBP/USD reaches 1.2300

The GBP/USD has reached the 1.2300 mark, as it was expected on Tuesday. However, the pair appears to have paused above the round level, as it expects the reveal of the US and UK central bank monetary policy. The US Federal Reserve is set to make a statement on Wednesday at 19:00 GMT and the Bank of England will hike