Gold continues higher

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


The surge continues, as the metal's price has reached the 1,950.00 mark at mid-Wednesday. Meanwhile, analysts have spotted that the surge could have occurred in a yet unconfirmed channel up pattern.

Higher above, note the 1,970.00 and 1,980.00 levels that have acted as resistance in July. Above these levels, the 2,000.00 mark is expected to slow down the surge.

However, in the case of a decline, expect the 1,940.00 and 1,932.50 levels to provide support, before the price reaches the 50-hour simple moving average.
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Mon, 23 Oct 2023 13:51:36 GMT

EUR/USD reaches above 1.0600

The currency exchange rate has reached above the 1.0600 mark. However, the 1.0620 level is acting as resistance. It caused a retracement on Thursday and kept the rate down mid-Monday. Meanwhile, it has been spotted and charted that the rate is in a channel up pattern. A move above 1.0620 could result in the rate facing the combined resistance of

Wed, 18 Oct 2023 12:47:30 GMT

USD/JPY dips before returning to previous levels

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