Gold jumps to 1,930.00

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


The crash of Credit Suisse stock price has caused a run to safety. On Gold charts it has resulted in a surge up to the 1,930.00 level.

A move higher might be slowed down by round price levels, before the commodity price tests historical high levels. Namely, the January and February high levels are expected to act as resistance at 1,949.00 and 1,960.00.

However, a decline of the commodity is expected to look for support in the 1,915.00 level, the 50-hour simple moving average and the 1,895.00 level.
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Fri, 17 Mar 2023 12:59:58 GMT

EUR/USD is back above 1.0600

The EUR/USD has experienced a recovery, which has reached above the 1.0600 mark. Most recently, the currency pair encountered resistance in the 100-hour simple moving average. A decline of the pair could look for support in the 1.0600 mark and the 50-hour simple moving average. Meanwhile, the rate did not find support in the 200-hour SMA and the weekly

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